The following is an excerpt from the “Digital Supply Networks: The Smart Factory” session presented by Steven Shepley, Deloitte Consulting, LLP at LiveWorx 17.  The presentation PDF can be downloaded here, and the audio file is here.

Smart Factory Vision

What is the Smart Factory all about?  Digitization and connectivity have changed a linear supply chain path to a set of interconnected, always-on, dynamic, integrated networks.  What once lived in functional silos is now integrated with digital technologies.  The Smart Factory is:

1. Connected

  • Traditional IT + sensor OT data
  • Data collaboration with suppliers and customers
  • Collaboration across departments

2. Transparent

  • Real-time demand forecasts
  • Transparent order tracking
  • Integrated customer feedback

3. Proactive

  • Process anomaly detection
  • Automated replenishment
  • Early supplier quality detection
  • Real-time safety monitoring

4. Efficient

  • Reliable, predictable capacity
  • Increased uptime & efficiency
  • Automated production
  • Minimized cost of quality

5. Agile

  • Flexible scheduling
  • Quick changeovers
  • Live metrics, quick decisions
  • Changes in real-time

 

Transforming Operations Through Digital

The Smart Factory vision is achieved through a set of solutions that will be implemented within the manufacturing environment.  There are 2 discriminators that help organize this solution-based world:

1. Data Intensity – Maturity of the data used to run the factory (ERP & Transactional Data, data models, Real-time Data)

2. Analytical Complexity – Moving from basic algorithms to advanced data science

To learn more about the potential benefits and value from Smart Factory, read the presentation PDF here, and listen to the audio file here.

 

For more great content on Industrie 4.0/Manufacturing, register for LiveWorx 2018, June 17-20 in Boston!