Tag Archive for: industry 4.0
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Gone are the days when, on a supply-led market, the profits of industrial companies were determined by a (sometimes arbitrary) profit margin added to the cost of production.
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At a large manufacturing plant, capacity planning and tracking working time using the traditional Excel- or paper-based way can be a major challenge. Managing changes or keeping records of competencies required for work is almost impossible.
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It is in every company's fundamental interest to keep the continuity of production at the optimal level, so that orders are fulfilled on time and in the expected quality. The larger the production plant, the more complex the production process, the more difficult it is to achieve this.
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People, machines, processes - in addition to raw materials, these are the three things a company needs to produce. But production will be efficient only if the capacities of man and machine are optimally utilized