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WHAT ARE THE BENEFITS
OF A DATA DRIVEN
MANUFACTURING
ECOSYSTEM?
By- Natifi.ai
INTRODUCTION
 With a slew of new competitors entering the
manufacturing or operations market, it’s more
important than ever to make sure your
manufacturing facilities are running smoothly. This
ensures that you can keep ahead of the
competition, raking in income to help your
manufacturing company grow.
 Manufacturers must know everything there is about
their manufacturing floor and how it operates in
various conditions, if they want to stay ahead of
competitors. Manufacturing data collection is the
great way to identify the pulse of your operation and
make changes/optimizations whenever necessary.
 This enables firms to gather meaningful data and
make informed decisions on how to enhance their
operations.
 Manufacturing data collection is already being
redefined by Industry 4.0 technologies (low-code
and no-code). Businesses can receive real-time
data by leveraging the rising interconnection
between machines and other data sources.
 As a result, actions can be taken quickly which
means minimizing downtimes which may
otherwise reduce the company’s capacity to
generate revenue.
 Keep reading to learn more about manufacturing
data collection, its advantages, and how to
incorporate it into your operation for the
effective outcomes.
WHAT KIND OF MANUFACTURING DATA CAN
YOU COLLECT ?
 When it comes to collecting production data, the
focus shouldn’t be solely on the machines on the
shop floor. Instead, you should broaden the scope
to include more data that accurately reflects the
production process.
 As a result, these are the types of data you should
pay attention to/collect:
1. EMPLOYEE/WORKER/PERSONNEL DATA
 Despite the modern technologies utilised in
production, some machinery still requires boots on
the ground to operate or maintain.
 number of employees, the time worked, and the
quantity of products manufactured are all included
in this type of manufacturing data. As a result, a
manufacturing company can calculate labour
productivity, labour expenses per hour, and labour
costs per item.
2. DATA ABOUT YOUR MACHINES
 Information/Data about machines is crucial to a
manufacturing company. It’s more difficult to
streamline/optimize your manufacturing processes
if you don’t know what’s going on with your
machines across the production line or the factory
floor.
 Data collection in this case comprises establishing
the efficiency of your equipment, as well as
downtime, machine run times, machine quality,
machine performance (over time), throughput, and
other factors across the production line.
3. TOOL HEALTH DATA
 Tool data takes center stage when manufacturers
seek to analyze the condition of their equipment.
After all, the condition of the tools used have a
direct impact on product quantity and, more
significantly, quality.
 This type of data covers the time in use and
downtime, similar to machine data. It does,
however, include maintenance time, as well as
instrument-specific statistics such as the number of
cycles conducted by the tool.
4. DATA ABOUT YOUR MATERIALS
 A company can maintain track of its inventory using
this information. Companies that manufacture
products can make data-driven decisions about the
supply, use, and inventory of various commodities
with the help of material data. As a result, material
data is extremely important in the inventory
management element of the production process.
 Analyzing this data gives managers/business
leaders a thorough image of the entire production
process, allowing them to optimize the operation for
a variety of advantages.
WHAT BENEFITS DOES A DATA DRIVEN
MANUFACTURING ENVIRONMENT BRING TO THE
TABLE?
 Optimal manufacturing costs – With the help of
various types of data, your manufacturing teams
can seamlessly identify potential bottlenecks,
implement optimization strategies which in turns
helps in saving huge operational costs!
 Accurate Data Collection – Industry 4.0
technologies such as low-code or no-code
platforms offering conditional logic, automated
workflows and Ai capabilities help manufacturing
firms to improve data collection resulting in minimal
or zero errors.
 Higher efficiency – With access to crucial data,
thanks to advanced manufacturing data collection
strategies/solutions, companies can focus on
improving their production line efficiencies.
 Improved client satisfaction – The effective usage of
manufacturing data helps organizations
manufacturing high-quality products which in turn
results in excellent customer satisfaction.
 Improved Safety – With the help of new, improved
and accurate data about machines, tools, equipment
and safety practices, organizations can focus on
improving their preventive maintenance capabilities
resulting in less repair time, avoid costly downtime
and repair time and improve safety protocols for
ground teams.
CONCLUSION
 These are a few exciting ways through which data
driven manufacturing ecosystems can benefit
existing enterprises which are dependent on
obsolete and bottlenecked traditional methods,
systems and tools.
THANK YOU SO MUCH FOR
READING

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Benefits of Data-Driven Manufacturing

  • 1. WHAT ARE THE BENEFITS OF A DATA DRIVEN MANUFACTURING ECOSYSTEM? By- Natifi.ai
  • 2.
  • 3. INTRODUCTION  With a slew of new competitors entering the manufacturing or operations market, it’s more important than ever to make sure your manufacturing facilities are running smoothly. This ensures that you can keep ahead of the competition, raking in income to help your manufacturing company grow.  Manufacturers must know everything there is about their manufacturing floor and how it operates in various conditions, if they want to stay ahead of competitors. Manufacturing data collection is the great way to identify the pulse of your operation and make changes/optimizations whenever necessary.
  • 4.  This enables firms to gather meaningful data and make informed decisions on how to enhance their operations.  Manufacturing data collection is already being redefined by Industry 4.0 technologies (low-code and no-code). Businesses can receive real-time data by leveraging the rising interconnection between machines and other data sources.  As a result, actions can be taken quickly which means minimizing downtimes which may otherwise reduce the company’s capacity to generate revenue.  Keep reading to learn more about manufacturing data collection, its advantages, and how to incorporate it into your operation for the effective outcomes.
  • 5. WHAT KIND OF MANUFACTURING DATA CAN YOU COLLECT ?  When it comes to collecting production data, the focus shouldn’t be solely on the machines on the shop floor. Instead, you should broaden the scope to include more data that accurately reflects the production process.  As a result, these are the types of data you should pay attention to/collect:
  • 6. 1. EMPLOYEE/WORKER/PERSONNEL DATA  Despite the modern technologies utilised in production, some machinery still requires boots on the ground to operate or maintain.  number of employees, the time worked, and the quantity of products manufactured are all included in this type of manufacturing data. As a result, a manufacturing company can calculate labour productivity, labour expenses per hour, and labour costs per item.
  • 7. 2. DATA ABOUT YOUR MACHINES  Information/Data about machines is crucial to a manufacturing company. It’s more difficult to streamline/optimize your manufacturing processes if you don’t know what’s going on with your machines across the production line or the factory floor.  Data collection in this case comprises establishing the efficiency of your equipment, as well as downtime, machine run times, machine quality, machine performance (over time), throughput, and other factors across the production line.
  • 8. 3. TOOL HEALTH DATA  Tool data takes center stage when manufacturers seek to analyze the condition of their equipment. After all, the condition of the tools used have a direct impact on product quantity and, more significantly, quality.  This type of data covers the time in use and downtime, similar to machine data. It does, however, include maintenance time, as well as instrument-specific statistics such as the number of cycles conducted by the tool.
  • 9. 4. DATA ABOUT YOUR MATERIALS  A company can maintain track of its inventory using this information. Companies that manufacture products can make data-driven decisions about the supply, use, and inventory of various commodities with the help of material data. As a result, material data is extremely important in the inventory management element of the production process.  Analyzing this data gives managers/business leaders a thorough image of the entire production process, allowing them to optimize the operation for a variety of advantages.
  • 10. WHAT BENEFITS DOES A DATA DRIVEN MANUFACTURING ENVIRONMENT BRING TO THE TABLE?  Optimal manufacturing costs – With the help of various types of data, your manufacturing teams can seamlessly identify potential bottlenecks, implement optimization strategies which in turns helps in saving huge operational costs!  Accurate Data Collection – Industry 4.0 technologies such as low-code or no-code platforms offering conditional logic, automated workflows and Ai capabilities help manufacturing firms to improve data collection resulting in minimal or zero errors.
  • 11.  Higher efficiency – With access to crucial data, thanks to advanced manufacturing data collection strategies/solutions, companies can focus on improving their production line efficiencies.  Improved client satisfaction – The effective usage of manufacturing data helps organizations manufacturing high-quality products which in turn results in excellent customer satisfaction.  Improved Safety – With the help of new, improved and accurate data about machines, tools, equipment and safety practices, organizations can focus on improving their preventive maintenance capabilities resulting in less repair time, avoid costly downtime and repair time and improve safety protocols for ground teams.
  • 12. CONCLUSION  These are a few exciting ways through which data driven manufacturing ecosystems can benefit existing enterprises which are dependent on obsolete and bottlenecked traditional methods, systems and tools.
  • 13. THANK YOU SO MUCH FOR READING