Traditionally, production plans and schedules are essentially obsolete given deviations from the original plan. Simulation and Risk-Based Planning and Scheduling (RPS), using Simio Software, incorporate inherent system variation in the plans/schedules, highlight schedule risks and allow for a means to analyze and mitigate those risks. The result is more robust and feasible production plans, including fast re-scheduling when variations or unplanned events occur.
Examples abound. A manufacturer of aeronautical systems implemented RPS to become more reactive to customer needs and enable rapid re-scheduling and quick decision-making to handle any eventuality, while delivering on-time, within budget and with lower overtime costs. A steel company used RPS to capture facility dynamics/variations and account for factory process complexity, production order to material matching algorithms, and due date considerations to enhance on-time delivery and predict risk resulting from variation and unplanned events.
RPS has been applied in many industries/situations, including manufacturing, Industry 4.0 and smart factories. Enhanced scheduling improves key KPIs, including throughput, cost and revenue. MOSIMTEC industrial engineers and data scientists are here to help with your simulation and risk analysis needs.
#modelingandsimulation #digitaltwins #industry40