Companies such as Kraft Vina invested USD 661 million

The 10 Biggest Future Trends In Manufacturing

Companies such as Kraft Vina invested USD 661 million for a kraft packaging factory in Vinh Phuc. Recently, LG Group increased their investments in Hai Phong’s Industrial Park by over USD 2 billion to expand their production capabilities. Alue can be created in surprisingly simple ways by putting data to work. Peloton Tech’s truck platooning system is a case study that illustrates how IIoT is already creating value. The system uses vehicle-to-vehicle communication to connect the braking and acceleration between two trucks.

The Future Of Iiot In Manufacturing

The pilot facility is then reworked and developed according to observations. After the test phase, it is easy for a company to apply the same principles, with proper adjustments, at scale to other facilities. After touring more than 75 facilities representing dozens of industries in 12 countries on three continents, Michelle is still fascinated each time she has the privilege to see modern manufacturing up close. She shares these stories so that other factories can benefit from those who continue to experiment and discover new ways to improve efficiency, reliability, and plant operations.

The paper will describe the design of a learning factory for Industry 4.0 that addresses the growing demand for future skills of production staff. Existing learning factories often focus on the technical skills whereas this learning factory also trains decision making, group work and performance monitoring skills. The paper refers to the existing categorizes of learning factories and unveils its numerous features. The conceptual design includes theoretical and practical parts, which prove to be successful in a German learning factory that was realized by the authors.

Manufacturing, like any other industry, is going through rapid pace of change. Today, manufacturers are striving to do more with less through increasing efficiency, reducing costs, as well as enhancing product quality with the help of technology. According to a report from SCM World, 40% of manufacturers they surveyed say that smart manufacturing along with its foundational technology—the Internet of Things—is within reach, and it’s the right time to invest. The need to embrace the digital transformation of supply chains remains critically important for companies, but as is the case in most areas of business, it is being shaped by the COVID-19 crisis.

How Can The Future Factory Help Achieve Our Net Zero Ambitions?

Siemens has used such sensors on older motors and transmissions – and by analyzing the data from these sensors, Siemens says it can interpret a machine’s condition, detect irregularities and fix machines before they fail. This shows how predictive future university in egypt maintenance processes can be applied even to legacy machinery. In a manufacturing context, predictive maintenance refers to the use of sensor data and artificial intelligence to detect failure patterns in machinery and components.

The idea is that by understanding when a machine or part is likely to fail, manufacturers can take preventative action and maintain their equipment more effectively. A consistent challenge with the development and production phases of manufacturing is understanding what’s occurring in real time. Growing demand to reduce reliance on foreign nations and establish secure supply chains, especially in critical industries like semiconductors and advanced packaging. Governments are increasingly concerned about hostile countries causing severe economic damage by restricting trade, and this is leading to a resurgence of reshoring.

The fifth generation of mobile data network technology will enable manufacturers to easily connect their IIoT technology and leverage the data collection and data processing within devices such as smart machines and sensors . Manufacturers can create a private 5G network on their premises which will give them superfast data speeds without the need for cables and much-improved data security. There is intense political pressure around the developed world for companies to stop offshoring manufacturing. But the combination of connected international supply chains, affordable labor, reduced business costs, and government financial incentives is difficult for companies to ignore. This resulted in significant manufacturing employment losses among developed countries in recent decades. The timelines and technologies will vary by sector, but nearly every manufacturing vertical (e.g., cars, electronics, pharmaceuticals, warehousing, etc.) will see sweeping change in the next decade.

Read The Companion Book Series About Modern Manufacturing

Most manufacturing companies, large or small, have experienced the thrills of a promising digital pilot. Yet many are still struggling to scale digital transformation effectively – especially those operating across many product categories, regions and factories. But it’s worth noting that not all robots are there to replace human workers – many are there to enhance the work of humans. For example, we have robotic exoskeletons that help those on the production line lift heavier parts without compromising their safety. And we have collaborative, intelligent robots – or “cobots” – that are specifically designed to work alongside humans.