PRODUCTION & OPERATIONS
Industry 4.0 software and systems to enhance access to data-driven insights and pinpoint the areas where inventory management could provide transformative benefits .
“ Leveraging advanced technologies like warehouse management systems , automated picking systems , and IoT devices can streamline operations , reduce labour costs and increase accuracy in inventory management ,” James continues .
“ For example , a warehouse management system can help track the movement and storage of goods within a warehouse while robots and conveyors can manage tasks like picking , packing and sorting . IoT devices can create a networked ecosystem where real-time data flows seamlessly between different components of the supply chain .”
Data analytics is game-changing for almost every aspect of manufacturing , from managing the supply chain to optimising the production line to enhancing training .
At its core it ’ s all about organisation , putting results and observations into their proper place and context , playing a critical role in enhancing inventory visibility .
“ To ensure the best optimisation and utilisation of inventory , manufacturers must stay on top of their analytics and gain optimal visibility into materials , workflows and processes ,” asserts Mike Bradford , DELMIA Strategic Business Development Director at Dassault Systèmes .
94 October 2024