Overall Equipment Effectiveness (OEE) is a common manufacturing KPI for equipment productivity. If OEE is 100%, a work center is considered at full capability during planned production time. OEE = Availability x Performance…
One benefit of Industry 4.0 is smart factories. Per SAP, these are “highly digitized, largely autonomous facilities that take full advantage of advanced technologies like big data, AI, robotics, analytics and IoT.” Digital…
Robots are a pillar of Industry 4.0. Per SAP, autonomous mobile robots (AMR) vary greatly in size and function, from inventory scanning drones to robots for pick and place operations. Equipped with cutting-edge…
Big Data is a pillar of Industry 4.0. Per SAP, data is “collected from a wide range of sources, from factory equipment and IoT devices to ERP and CRM systems…Analytics powered by AI…
We’re in the 4th industrial revolution (Industry 4.0). Per SAP, it takes automation/computerization to the next level via digital industrial technology, powered by Industrial Internet of Things (IIot) and autonomous systems using computer-based…
COVID hit warehouses hard. Demand surged for some items, crashed for others. Staffing was hit by the virus, also by social distance requirements. Demand for eCommerce, cold storage and same day/next day delivery…
Management consulting was down 13% in 2020. According to Source Global Research (SGR), HR, strategy and operational improvement projects were down 28%, 19% and 17%, respectively, as of October 30, with technology projects…
Per Gartner, one-third of companies have or plan to move their supply chains out of China by 2023. Alternatives include reshoring to the U.S., Vietnam, India and Mexico. There are reasons to change,…
Drones are everywhere! There are more startups, users, uses and excitement every day. Amazon recently won FAA approval for its Prime Air drone delivery fleet, joining UPS/Alphabet Inc. who previously received FAA approvals….
The vaccine cold chain from factory to syringe is challenging, but particularly in least developed countries (LDCs). Three billion people live in countries with inadequate temperature-controlled storage to support the COVID vaccine effort….