Labor shortages, material delays, and declining output are some of the byproducts of the global economic downturn over the past two years. The Industrial Internet of Things (IIoT) can help alleviate the pressures manufacturers face today in several ways.
The many benefits of introducing the Industrial Internet of Things (IIoT) into manufacturing:
Manufacturing process optimization: Machines and equipment equipped with sensors and managed through an Industrial Internet of Things (IIoT) system can monitor status, equipment, and workflows.
Predictive maintenance: Over 75% of equipment and system failures occur without notice. Leveraging the Industrial Internet of Things (IIoT), preventative maintenance combines analytics to predict machine failures.
Quality Optimization: The Industrial Internet of Things (IIoT) can immediately address issues on the production line and reduce downtime, lost productivity, and product defects. IIoT devices are programmed to monitor material quality, analyze equipment performance in real time, and measure and test finished products.
Better monitoring of inventory and supply chain management: Data analytics, insights, and contextual intelligence enable inventory systems to operate seamlessly, allowing for more accurate estimates of the expected arrival times of available materials, work-in-process, and new materials.
Customer service level and satisfaction: Sensor-equipped production systems and inventory enable customers to understand order progress in near real time.
Worker health and safety: Smart wearable devices allow managers to monitor the health and safety of production workers by tracking life-threatening historical records such as illness and injury, absence, near misses, machinery or vehicle accidents, or gas leaks.
