-
Subscribe to Blog:
SEARCH THE BLOG
CATEGORIES
- Aerospace
- Asset Maintenance
- Automotive
- Blog
- Building Products
- Case Studies
- Chemical Processing
- Consulting
- Food & Beverage
- Forestry Products
- Hospitals & Healthcare
- Knowledge Transfer
- Lean Manufacturing
- Life Sciences
- Logistics
- Manufacturing
- Material Utilization
- Metals
- Mining
- News
- Office Politics
- Oil & Gas
- Plastics
- Private Equity
- Process Improvement
- Project Management
- Spend Management
- Supply Chain
- Uncategorized
- Utilities
- Whitepapers
BLOG ARCHIVES
- September 2024 (1)
- August 2024 (5)
- July 2024 (6)
- June 2024 (3)
- May 2024 (3)
- April 2024 (4)
- March 2024 (3)
- February 2024 (4)
- January 2024 (5)
- December 2023 (2)
- November 2023 (1)
- October 2023 (6)
- September 2023 (3)
- August 2023 (4)
- July 2023 (2)
- June 2023 (3)
- May 2023 (7)
- April 2023 (3)
- March 2023 (3)
- February 2023 (5)
- January 2023 (6)
- December 2022 (2)
- November 2022 (5)
- October 2022 (5)
- September 2022 (5)
- August 2022 (6)
- July 2022 (3)
- June 2022 (4)
- May 2022 (5)
- April 2022 (3)
- March 2022 (5)
- February 2022 (4)
- January 2022 (7)
- December 2021 (3)
- November 2021 (5)
- October 2021 (3)
- September 2021 (2)
- August 2021 (6)
- July 2021 (2)
- June 2021 (10)
- May 2021 (4)
- April 2021 (5)
- March 2021 (5)
- February 2021 (3)
- January 2021 (4)
- December 2020 (3)
- November 2020 (3)
- October 2020 (3)
- September 2020 (3)
- August 2020 (4)
- July 2020 (3)
- June 2020 (5)
- May 2020 (3)
- April 2020 (3)
- March 2020 (4)
- February 2020 (4)
- January 2020 (4)
- December 2019 (3)
- November 2019 (2)
- October 2019 (4)
- September 2019 (2)
- August 2019 (4)
- July 2019 (3)
- June 2019 (4)
- May 2019 (2)
- April 2019 (4)
- March 2019 (4)
- February 2019 (5)
- January 2019 (5)
- December 2018 (2)
- November 2018 (2)
- October 2018 (5)
- September 2018 (4)
- August 2018 (3)
- July 2018 (2)
- June 2018 (4)
- May 2018 (3)
- April 2018 (3)
- March 2018 (2)
- February 2018 (2)
- January 2018 (1)
- December 2017 (1)
- November 2017 (2)
- October 2017 (2)
- September 2017 (1)
- August 2017 (2)
- July 2017 (2)
- June 2017 (1)
- April 2017 (3)
- March 2017 (3)
- February 2017 (2)
- January 2017 (2)
- December 2016 (2)
- November 2016 (4)
- October 2016 (4)
- September 2016 (3)
- August 2016 (6)
- July 2016 (4)
- June 2016 (4)
- May 2016 (1)
- April 2016 (3)
- March 2016 (4)
- February 2016 (2)
- January 2016 (4)
- December 2015 (3)
- November 2015 (3)
- October 2015 (1)
- September 2015 (1)
- August 2015 (4)
- July 2015 (6)
- June 2015 (4)
- May 2015 (7)
- April 2015 (6)
- March 2015 (6)
- February 2015 (4)
- January 2015 (3)
CONNECT WITH US
Tag Archives: Automation
The manufacturing industry is experiencing multiple challenges this year. Among the most significant hurdles it’s facing is a high turnover. Roughly 75% of the manufacturing professionals surveyed by L2L reported a lack of skilled workers in the sector over the past 12 months, fueled by poor communication and management skills. That triggers a domino effect that can impact a manufacturing company’s ability to run smoothly, meet changing consumer demands to attract and convert leads, scale operations—and, ultimately, bolster its bottom line. This makes increasing sales and revenue arguably the biggest problem the industry is tackling today.
But how do you solve it when profit is also the one thing that will help you invest in the necessary solutions? Insights from the L2L report believe the answer lies in digital transformation. With the right revenue-boosting tools, manufacturing businesses can take advantage of a few key benefits that can help increase their profit margins and face the above challenges head-on. Here’s more on the value revenue technology can bring to the manufacturing industry.
It streamlines revenue recognition
Tracking income streams can often be more challenging in manufacturing compared to other industries. Businesses in this sector usually offer a more diverse range of products and services to cater to unique client specifications. That means production cycles in manufacturing typically take longer than average. Due to these factors, juggling multiple client contracts and receiving payment at irregular intervals is typically the norm for the manufacturing business. That can complicate revenue recognition, which involves recording and reporting all income a company generates in line with industry regulations and accounting principles. Revenue technology can streamline the process, making it easier to track all sources of income, more accurately assess a business’ financial health, forecast future revenue, and budget accordingly.
That’s why you’ll see even major manufacturers like IBM using the revenue recognition software on SOFTRAX. This multi-tenant solution uses back-office automation to recognize revenue for you in compliance with ASC 606 and IFRS 15, even if you use complex billing models. That way, you can practice continuous accounting no matter how many clients you’re handling and what kind of product they’re asking for. Automated revenue recognition solutions also free up employee resources for more valuable tasks, which can help hit multiple birds with one stone—they’ll have time to strategize on how to increase revenue further, and that can challenge their skills, enhancing job satisfaction for reduced turnover.
It enhances debt recovery capabilities
Despite the value technology brings to revenue recognition, the same factors that complicate the task of tracking income can make collecting payments from clients more challenging. The lack of communication mentioned above can often extend to clients, making overdue payments one of the biggest sore points that add tension to customer-supplier relationships. That’s why business development experts from Krem Energy find that manufacturing has the second-highest rate of overdue payment rate out of any industry, with companies often waiting an average of 32.8 days for compensation. This issue can significantly impact cash flow, which is why you’ll want to have a plan in place to deal with it. That’s where revenue technology can help.
With the right platform, you can automate everything from communicating with clients about overdue payments to ultimately collecting them. Vergent’s loan management software, which is used by leading lending firms like TMX Finance, illustrates how those benefits can apply to manufacturing. Though not originally designed for this industry, it offers automated collection services to facilitate smooth debt data and money transfers for streamlined recovery processes. It also provides the ability to customize client communications, which can be especially useful for manufacturing businesses with a diverse customer base. Automated tools like this one can reduce operational costs usually spent on debt recovery for improved savings, while also helping the employees typically assigned to this task focus on more pressing responsibilities.
It improves cash flow
The above benefits mean manufacturing businesses can ultimately use revenue technology to boost cash flow. That’s important because increased profits allow companies to invest in solutions that can answer multiple industry challenges and keep operations sustainable in the long run. For example, funding employees who want to take online classes from sites like Coursera can help upskill existing workforces to make up for labor and skill shortages, while ERP management software can pay for itself by streamlining inventory and project management for improved operations. More income also means businesses can refer to consultants to determine exactly what’s causing financial inefficiencies and receive tailored help implementing changes, which is precisely what we offer here at USC Consulting Group.
One great example of this can be seen in our case study, which outlines how we helped one of our clients—whose services specialized in moving equipment—increase cash flow. Our consultants first pinpointed a disconnected floor plan as the main issue, as it caused a lot of unnecessary travel for workers retrieving materials. They then implemented ways to eliminate redundancies. A major part of the improvement project? Creating a new floor plan in line with input from experienced employees. The client benefited from a 91% to 115% jump in efficiency, all while cutting down on the necessary manpower and expenses needed to make that happen. Revenue technology helps pave the way for manufacturing businesses to gather the funds needed to avail of these customized solutions, which is arguably where they provide the most value.
*This article is written by Rose James. Rose is a freelance writer with almost a decade of experience. She writes about new developments in business and finance, as well as on new technologies like AI and automation.
Manufacturing can be a competitive industry. You not only need to produce innovative products that capture the market. It’s also essential to run efficient operations to keep your margins healthy. One of the elements that helps you achieve both of these is a high-quality workforce.
When your employees have the resources and skills to maintain high performance levels, you have a powerful tool to meet your company’s goals. Indeed, with continual development and nurturing, the group of professionals you cultivate can contribute to your successful growth. It’s well worth looking closer at some strategies that help you hone your workers into cohesive and productive teams.
Prioritize Communication
Any manufacturing enterprise features a range of professionals. One of the elements that helps this disparate workforce to function as a unit is solid communication. If there are hurdles to interactions, your workers are likely to be less efficient and less able to overcome challenges. Therefore, focusing on designing and implementing communication protocols is a key to better-performing teams.
The most straightforward protocols you can adopt are those that make communication easy and convenient for all staff members. This begins with establishing channels that offer multiple methods on a single platform. For instance, tools like Slack and Microsoft Teams enable staff members to direct message (DM) each other, have audio calls, and hold video conferencing all on an app they can store on their phones or computers. As a result, they can keep in regular contact with all colleagues present on the platform.
Another good step is creating an accessible organizational chart. This outlines the personnel in each department, their place in the hierarchy, the skills they have, and the best ways to connect with them. Having images of each also supports recognition when moving throughout the production floor and break spaces. Placing these org charts in each department and storing them on cloud platforms empowers workers to know who to contact whenever they need help or have questions.
You must also make it easy for workers to communicate their opinions to company leaders. Employee feedback can enhance performance by highlighting areas for practical improvement. When workers see their insights are appreciated and actioned, there can also be greater engagement and trust, which feeds into positive outcomes. Manufacturing managers need to actively reach out to staff of all levels to gain feedback, both in conversations and using surveys. Your company can also make open feedback channels available on the intranet or aforementioned communication apps.
Optimize Operations
It’s difficult to cultivate high-performing manufacturing teams if there are elements of their working processes that present hurdles. Investing in methods to optimize different aspects of your operations is essential. These enable you to develop an environment that empowers your workforce to function at its peak.
Technology plays an important role here in various ways. Some of the tools that enhance optimization include:
Data analytics
Having a thorough understanding of how efficiently each element of your business is running is central to making informed operational adjustments. There are cloud data analytics platforms on the market that track the metrics of all aspects of your manufacturing operations, from staff behavior to the waste your production processes generate. You can further optimize this by placing devices in the Internet of Things (IoT) throughout your facility, so that embedded sensors can collect accurate data to share with your analytics tools.
Automation
The manufacturing industry has long embraced automation. However, it’s important not to simply limit it to dangerous or precision production processes. You can also consider automating certain administrative and management tasks. Many repetitive parts of jobs, like data entry, invoicing, and inventory management can be performed by artificial intelligence (AI) driven software. This optimizes your human staff’s available time, enabling them to concentrate on more complex parts of the business.
Remember, too, that investing in your staff’s development is also a vital optimization practice. Training levels up your workers’ skill sets, allowing them to operate more efficiently and innovatively. Your investment also makes workers feel valued, which may boost their connections with your business, which can drive their productivity.
Encourage Collaboration
While each employee is an individual professional, developing cohesive teams is key to high performance in manufacturing. When you establish protocols and tools that encourage positive collaborations, there’s the chance to generate results from the collective that you wouldn’t get from individuals alone.
For instance, during the ideation phase of projects, using mood boards can offer opportunities for teams to work together on a shared creative document. These materials involve the team contributing images, colors, and even text to evoke the emotions around the project and spark concepts that lead to the final product. When you make digital mood boards stored on a cloud platform, you can empower different members of the team to provide contributions, no matter what department they work in or even if they’re operating remotely. It helps everyone to feel a meaningful part of the business and maintains team cohesion.
Wherever possible, arrange for members of each team to engage in collaborations with diverse populations of professionals. Cross-departmental projects and even fun team-building activities give your staff chances to work with people outside of their usual circle. This exposure to different perspectives and experiences with people of different abilities, seniority, and cultures can be a vital source of development that boosts future collaborations and innovations.
Conclusion
Building high-performing manufacturing teams influences your success. Your efforts should include a range of measures, from protocols that bolster communication to adopting tools that optimize working practices, among others. Don’t forget to seek your workers’ feedback on this matter, too. They are likely to have keen insights into what hurdles to performance are in their jobs and how to overcome them.
*This article is written by Ainsley Lawrence. View more of Ainsley’s articles here.
Global supply chains are intricate networks that span multiple countries and continents, involving a multitude of processes, from procurement to distribution. The complexity is further compounded by varying local standards and regulations, making standardization a critical need.
The United Nations Standard Products and Services Code (UNSPSC) provides a universal classification framework that is essential for streamlining these complex processes and facilitating seamless international operations.
Benefits of UNSPSC
UNSPSC serves as a global language for businesses, ensuring that products and services are categorized consistently regardless of where they are produced or consumed. This standardization is vital for global trade, as it simplifies communications between suppliers and buyers, enhances spend analysis and reporting capabilities, and improves procurement efficiency.
By adopting UNSPSC, companies can ensure more accurate demand forecasting and inventory management, which are crucial for maintaining the flow of goods and services across global markets.
AICA’s Automated Approach to UNSPSC
Data management and cleansing specialist AICA offers a SaaS platform that leverages advanced AI and ML technologies to automate the UNSPSC classification process. This automation is driven by AI models trained on extensive datasets, significantly increasing accuracy and reducing errors commonly seen in less sophisticated systems.
The process of manually classifying products into UNSPSC codes is a task that traditionally requires substantial time investment. For instance, cataloguing a single product into the UNSPSC framework manually takes approximately 10 minutes. Classifying 10,000 products would, therefore, require about 69 days. Thus, manually classifying products consumes a significant amount of time, representing a substantial opportunity cost.
However, AICA’s platform automates this process and assigns the classified items with an accuracy score. Items that receive a quality score lower than 93% are flagged for review by our subject matter experts.
Here’s a breakdown of the time savings:
- Total manual classification time for 10,000 products: 69 days.
- Time required using AICA’s platform with automated and expert review: Only the items with a quality score below 93% are manually reviewed. This drastically cuts down the overall manual intervention and time needed compared to the traditional method.
Thus, by using AICA’s system, a task that would normally take over 69 days of continuous work can be reduced significantly to only a few.
This methodology not only speeds up the classification process but also ensures a high level of accuracy and reliability, allowing businesses to deploy resources more effectively and enhance overall productivity in the supply chain.
Universal Relevance
The relevance of UNSPSC and AICA’s technological solutions extends across various critical sectors, including Manufacturing, Mining, and Aerospace and Defense. These industries face unique challenges such as managing complex assemblies, complying with strict regulatory standards, and handling high-value inventories.
UNSPSC codes help standardize component classifications, making it easier to track and manage parts across global supply chains. For these sectors, the ability to accurately classify and analyze product data can lead to more strategic sourcing and better risk management.
Conclusion
For global enterprises aiming to improve their supply chain operations, adopting AICA’s UNSPSC-classifying technologies offers a transformative opportunity. By integrating our solutions, companies can benefit from enhanced data accuracy, improved operational efficiency, and a competitive edge in the global market.
*This article is written by USCCG’s strategic partner, AICA Data. AICA is a data cleansing and management specialist that optimizes your product and services data with AI to provide faster, more accurate, and cost-effective solutions. To find out more about AICA’s services – visit their website here.
It’s no secret that manufacturing and supply chain organizations are constantly in pursuit of a greater degree of efficiency. This is the key to remaining competitive in both increasingly contentious markets.
It’s also no secret that attaining a higher degree of efficiency is harder than it looks. Supply chain organizations have faced disruption from multiple angles, with decentralized distribution, competitors with a higher level of digitalization, and the deglobalization of trade causing them to fall behind. Similarly, manufacturers are attempting to ride out the silver tsunami and the resulting gap in team member experience while doing so.
Automation is already impacting both industries for the better, providing accurate analytics, monitoring and limiting resource expenditure, and removing manual tasks from employee dockets. But newer technological innovations promise to be a massive boon for both industries, optimizing operations, further streamlining decision-making, and enhancing productivity. Digital twins technology offers insights that revolutionize traditional manufacturing and supply chain management – and we’re about to break down exactly how.
What is Digital Twins Technology?
A common misconception that surrounds the topic of digital twins technology is that it’s just another form of 3D modeling – a sensor, a software platform, or a particularly creative application of artificial intelligence (AI). Digital twins are, in fact, none of these things.
Digital twins are an amalgamation of technologies that work in tandem to record, model, and simulate projects in real time. The technologies involved in this process will range according to organizations’ capabilities and needs but often include sensors, augmented reality tools, modeling software, and AI. Far from a simple model, digital twins technology tests, records, and reports key data points to leadership, unlocking agile decision-making on an unprecedented level.
Let’s quickly break down some of the use cases for digital twins in supply chain and manufacturing organizations:
- Predicting future bottlenecks with algorithmic insights: Instead of reacting to bottlenecks as they crop up, digital twins can model manufacturing and supply chain processes proactively. This empowers leaders to make decisions to avoid or break bottlenecks before they occur, instead of manually going back over data after an incident occurs to discover what went wrong.
- Assessing alternate plans of action: Unforeseen variables can always impact your ability to deliver – unless, that is, you have an algorithm on your side that can predict likely pain points and chart alternative plans of action. Digital twins can be used to test the viability of plan Bs and Cs, allowing you to react quickly when disaster strikes.
- Organization-wide transparency: When you create a digital twin, it stores its information in a widely accessible single source of truth, allowing stakeholders across the organization to see and understand what’s going on at every level.
Manufacturers in particular will see a massive value-add from digital twins technology, as it can be used to:
- Develop and virtually test stronger concrete;
- Improve yield sizes and limit defects in steel production;
- Accurately estimate costs and inventory;
- Design and create environmentally resistant structures.
While it’s not the most buzzed about technological innovation on the market, digital twins are certainly one of the more useful types of technology for manufacturers and supply chain organizations.
Digital Twins, Your Network, and Expanding Your Infrastructure
Digital twinning also has implications for your network, especially if you’ve already made the switch from copper to fiber. Employing digital twins technology necessitates a high capacity for data transference, as a large quantity of data will be consistently transferred to your single source of truth. While switching from copper to fiber can somewhat fill that need, depending on your network’s capacity and the quality of the components within, you may find that your current network doesn’t adequately support your data-transmitting needs.
Taking the step to convert to a dark fiber network is one possible solution, as dark fiber networks grant a robust, scalable network infrastructure that is entirely customizable according to need. Organizations that need to expand their bandwidth while also maintaining network security and consistent uptime may consider switching to dark fiber, as it is a high-capacity, consumer-controlled network that can effectively replace inferior infrastructure overnight.
Another option is actually using digital twins technology to replicate and reinforce your network. Creating a network digital twin allows you to connect tasks with network performance, granting you control over all facets of your network’s lifecycle. Similarly to how digital twinning allows you to identify bottlenecks and potential impediments to swift service throughout your operations, network digital twinning replicates those benefits for your network.
Either option will allow you to boost your network’s performance while also granting you a greater degree of visibility into and control over said network. This is key when using a technology like digital twins, which can consume quite a bit of bandwidth, as it allows you to reap the benefits of this technology without any unintended consequences.
Digital twins technology can empower manufacturers and supply chain organizations to drive efficiency, regaining a competitive edge in markets overrun with disruptions. With the right solution and the infrastructure to support it, you’ll find efficiency, customer satisfaction, and profits spike.
*This article is written by Ainsley Lawrence. View more of Ainsley’s articles here.
In today’s competitive business landscape, keeping labor costs under control is a constant concern. However, this pursuit of cost-efficiency must never come at the expense of safety. Here’s how businesses can strike a balance between these two priorities.
Standardization and Management
Standardized labor processes are the cornerstone of a safe and productive work environment. By establishing clear, well-documented procedures for each task, companies minimize confusion and errors, while also ensuring consistent quality. This translates to increased efficiency, reduced rework, and ultimately, lower labor costs.
Complementing standardized processes with a robust training program further strengthens this foundation. Comprehensive training, encompassing both initial onboarding and ongoing professional development, equips employees with the skills and knowledge necessary to perform their duties safely and effectively. This not only reduces the risk of accidents, but also empowers employees to identify and address potential issues before they escalate into costly problems.
Labor costs can be further optimized by taking a strategic approach to staff management. Reviewing staff schedules regularly and adjusting them based on actual workload can prevent unnecessary overtime and ensure employees are not overscheduled. Additionally, exploring options for part-time positions or flexible work arrangements can contribute to optimizing labor costs.
Technology and Lean Practices
Investing in automation technology can be a strategic move towards reducing labor costs while maintaining safety. Automated equipment can handle repetitive or hazardous tasks, freeing up employees to focus on more complex activities. This not only improves overall productivity but also reduces the risk of workplace injuries associated with repetitive motions or exposure to dangerous materials.
Lean manufacturing principles, which emphasize eliminating waste and maximizing value, can also offer significant cost savings. By taking a critical look at existing workflows and identifying areas for improvement, companies can reduce wasted time and resources, leading to a leaner, more efficient operation.
Choosing the Right Tools
The right tools for the job are not just essential for efficiency, but also for safety. For instance, opting for quality-assured scaffolding components like a ringlock modular system, compared to a cuplock system, can significantly impact labor costs in the long run. Ringlock systems generally require less assembly time, facilitating faster project completion and reducing labor hours. Furthermore, their robust design often translates to fewer repairs and maintenance needs, further reducing overall costs.
Implementing advanced software programs can also significantly improve various aspects of business operations, ultimately impacting labor costs. Digital tools can optimize scheduling processes, enhance production visibility, improve communication among teams, and streamline training programs.
The infographic below delves deeper into each of these strategies, providing a comprehensive roadmap to reducing labor costs while prioritizing safety. Remember, a safe and well-trained workforce is a productive one. By implementing these strategies and fostering a culture of safety and efficiency, businesses can create a win-win situation for both employees and the company’s bottom line.
Warehouse operations are critical to any manufacturing business. From holding inventory to delivering items, the process must be as swift and efficient as possible. Earlier practices such as document management and communication have been a significant step, but growth and progression in the supply chain call for more.
The rise of the Internet has been a key event in improving warehouse operations. As technology progresses, there are even more ways to optimize the supply chain, and ensure every item or employee is included.
The Need to Streamline Warehouse Operations
Warehouse operations offer many opportunities for error while meeting tight deadlines. Brand owners must recognize these areas for improvement and see what can be done to reduce mistakes. Streamlining translates to more accurate and faster processing, which equates to higher customer satisfaction.
Warehouse operational efficiency also translates to long-term time and cost savings. Next-gen technology can streamline warehouse operations using fewer minutes and dollars resulting in increased productivity.
Remember to include workers when integrating these new electronics. Forty-two percent of workers fear job loss from automation and new technologies. However, the reality is humans are responsible for tool management and strategy execution. Train them to work with these items rather than against them.
Vital Next-Gen Technologies in the Warehouse
Some facilities may incorporate multiple next-gen technologies, while others only incorporate one. The most important factor is to assess what works best for a specific set of operations and makes sense investment-wise.
Automation and Robotics
Certain warehouse operations are rather repetitive. It can be the same cycle of picking out a product, packing it, adding a shipping label and sending it off. Automating these processes with robots can take care of these mundane tasks, shifting focus to more pressing concerns in the facility.
Smaller establishments can still find ways to introduce automation. For example, installations like conveyor belts move items along the facility. Automated labeling machines can transfer the necessary information.
Certain equipment can also improve staff safety. For example, about 70 worker fatalities occurred in forklift-related accidents across different sectors. Self-operating forklifts simplify warehouse transportation and prevent hazardous contact.
Blockchain Technologies
Blockchain technology is a key database streamlining data storage and information sharing. Warehouse management entails plenty of information about product quantity and delivery. Many parties — like suppliers, manufacturers and distributors — are involved.
The blockchain ensures information is accessible and interconnected. What’s ideal about this next-gen ledger tech is it keeps data under wraps. Each block is secure in nature because it requires verification and permission.
Thus, blockchain technology is ideal for various financial transactions. If a distributor pays a manufacturer for production, they should process the transaction through this network. It has a suitable layer of encryption while executing those actions.
Internet of Things
The Internet of Things (IoT) is a flexible alternative to blockchain technology. By employing this network, a warehouse can generate connections between products and machines through sensors and software. If one product is removed, the system will detect it and send an update.
The IoT enables warehouses to receive real-time data about the movement of their shipments. This cuts down the slower steps in inventory management and prompts communication between devices so all parties in the supply chain can stay up to date.
It is possible to fuse both next-gen technologies in warehouse operations. The blockchain establishes trust, while the IoT improves connectivity, refining the process of sharing information among multiple parties.
Artificial Intelligence
Multiple industries are utilizing artificial intelligence (AI) in business processes. While most people find its use helpful in customer service, 40% of business owners use AI for inventory management and 30% for supply chain operations. Warehouses can use their programs to collect and organize data in the long run.
AI can also generate different presentations and reports based on the data it receives. Manufacturers with multiple facilities can upload their information and send a prompt to receive specific information about their inner workings.
AI can also provide business recommendations on streamlining operations with predictive analytics. However, these programs’ output depends on the data set given, and there are limits to the predictions they can make depending on the amount of variation.
The next best thing to do with this output is to conduct a comprehensive data analysis. Use the information to set metrics for evaluation in the future. If one area is faltering, make actionable decisions to influence processing in the facility.
Cybersecurity
As effective as next-gen technologies in warehousing are, new problems arise. The Identity Theft Resource Center found supply chain attacks impacted more than 10 million people in 2022. Each facility and its streamlined performance are vulnerable to these cyber threats.
Focus on preventive measures to maintain the order of operations. Investing in a firewall adds a layer of protection to warehouse information. Add intrusion detection systems to alert business owners of any breaches.
Physical security installments can also protect warehouses. For example, surveillance cameras log who accesses company computers during and outside active hours. Biometric technology is also a good touch for tracking and access control.
Optimize Warehouse Operations with Digitalization
Speed and effectiveness are crucial in warehouses. Next-gen technologies have made great strides in equipping facilities with these attributes, so take advantage of them to strengthen operations.
*This article is written by Jack Shaw. Jack is a seasoned automotive industry writer with over six years of experience. As the senior writer for Modded, he combines his passion for vehicles, manufacturing and technology with his expertise to deliver engaging content that resonates with enthusiasts worldwide.
Automobiles are becoming smarter thanks to advancing technologies and manufacturing practices. Nowadays, vehicles can communicate with each other, people and networks to increase safety due to artificial intelligence (AI) and machine learning (ML). What if cars on the road could communicate with everything? This technology is in the works through vehicle-to-everything (V2X) communication. Here’s a guide on V2X, its benefits and what it means for auto manufacturing.
The Role of V2X Communication
Automotive communication systems date back nearly half a century as manufacturers started designing systems to let vehicles communicate with each other in the 1970s — a concept known as vehicle-to-vehicle (V2V). V2V is still evolving, with Volvo and FedEx experimenting with automated platooning in Europe and pairing groups of trucks to follow each other on the highway.
Other types of vehicular communication include:
- Vehicle to Device (V2D)
- Vehicle to Network (V2N)
- Vehicle to Grid (V2G)
V2N will be critical as researchers continue improving 5G. With this system, cars will send information across networks through LTE and 5G. Experts say about 90% of American mobile connections by 2030 will be through 5G.
V2X in Auto Manufacturing
V2X is a critical technology because it combines all types of vehicular communication into one system. With this advanced mechanism, cars will be more intelligent than ever and could establish themselves as better drivers than humans. Auto manufacturers are trying to accomplish this feat with self-driving vehicles, but the industry hasn’t reached fully autonomous operations yet.
Improving V2X is essential in the race for self-driving vehicles, as this technology lets cars see and understand the world around them. An autonomous car or truck must be able to react quickly to traffic jams, emergency vehicles passing, animals crossing the road and other sudden events. Vehicles could work together and make the streets safer, thus creating a safer environment for autonomous machines.
V2X Applications
V2X offers opportunities to integrate all these technologies into one machine. This vehicular communication system exists in limited numbers currently but could soon make its way into more automobiles.
More recently, Toyota successfully tested its V2X technology in collaboration with Orange. The automaker equipped a vehicle with V2X capabilities and credited 5G and edge computing for its test track accomplishments. V2X technology warned drivers of emergency vehicles, helped them avoid collisions and accurately positioned the car.
What Are the Manufacturing Implications of V2X Communication?
V2X presents an incredible opportunity in the automotive industry to make cars smarter. What does this technology mean for manufacturing? Here are four implications to see as this concept evolves into the mainstream.
Advancing Technologies
Incorporating V2X in all auto manufacturing would make car assembly more advanced due to the AI and ML necessary for building. While some vehicles are simplistic with minimal technology features, these machines require onboard units and other devices to meet V2X’s needs. This change will require employees to understand the technology and how to include it inside the vehicles.
Standardization Needs
Automakers use vehicular communication technology like V2V, but these concepts only work with machines from the same manufacturer. For V2X’s success, auto manufacturers must standardize this technology so cars can connect seamlessly despite the logo on the front. Collaboration must also include semi-chip manufacturers, software developers and other professionals involved in advanced automotive technology.
Cybersecurity Risks
Integrating technology comes with cybersecurity risks, so automakers must ensure their V2X technology has robust security features to protect drivers. Otherwise, operators risk crashes, theft and other unwanted outcomes. One way to safeguard V2X-integrated vehicles is implementing security requirements with third parties to minimize the risk of data breaches.
Supply Chain Visibility
V2X technology can help auto manufacturers with their supply chain visibility — a critical component considering the modern economic climate. With advanced communication devices, automakers can help fleet owners with logistics management and increase transparency with suppliers. For instance, V2X’s enhanced route optimization can reduce lead time for parts, making manufacturing more efficient.
What Advantages Does V2X Communication Bring?
V2X communication is beneficial because it lets the auto industry take another step toward autonomous vehicles. What other advantages does this sector reap? Here are a few positive takeaways from V2X technology.
Driver Safety
With V2X communication, car operators can feel safer on the road. Vehicles communicate with each other to know when hazards lie ahead on the road or changing weather conditions. This benefit is even more pronounced with long-haul trucks, considering their role on America’s highways.
V2X technology in semi-trucks would let logistics professionals use autonomous trucks and reduce accidents and losses. Experts say driverless trucks perform up to 30% better than those with operators, so V2X would go a long way in promoting safety.
Environmental Benefits
Advancing vehicular communication technology also benefits the environment by cutting emissions. The transportation sector is responsible for 29% of all emissions, so reducing this output is essential. V2X can help the environment by mitigating traffic congestion, thus reducing idle time and wasted fuel in cars.
Smart City Integration
Rising urban populations mean cities will need to manage their energy grids better. V2X technology lets vehicles communicate charging needs and reduce strain on the grid. For instance, EVs could select optimal charging times — such as off-peak hours — to help the city’s energy grid and optimize efficiency.
Using V2X Communication for an Autonomous Future
Research on autonomous vehicles has surged as automakers race to be the first to debut fully self-driving cars. Reaching this level of driverless operations requires V2X devices that combine the best aspects of vehicular communication technology. These advanced mechanisms have implications for manufacturers and benefits for drivers, so the future has a lot of potential for this corner of the automotive industry.
This article is written by Jack Shaw. Jack is a seasoned automotive industry writer with over six years of experience. As the senior writer for Modded, he combines his passion for vehicles, manufacturing and technology with his expertise to deliver engaging content that resonates with enthusiasts worldwide.
Auto Parts Supplier Revs Up Its Production Process {case study}
Since the industrial revolution, every technological advancement has been viewed through the lens of its effect on jobs. Will I be obsolete? Can a machine do my job better than I can? Are the bots coming for me? If my skills are rendered obsolete, what will I do?
The plain truth is, sometimes machines can do the job better, faster or more efficiently than a human can. Think of the advent of the sewing machine. Even your grandmother’s old Singer model is a whole lot faster, more precise and efficient than she is working with a needle and thread. The art and craft of sewing isn’t lost or obsolete, but for sheer volume and exact replication, you can’t beat the machines.
What’s happening now with artificial intelligence (AI) in manufacturing is a little bit like that. People on all levels of the manufacturing chain want to know if AI is taking over.
The answer is no. Don’t think of it as a takeover. Think of it as more of a transformation. It’s already happening, and it’s not all bad.
AI’s current impact on manufacturing
Artificial intelligence is seeping into the manufacturing workplace in a couple of important ways.
Automation: Much like the sewing machine and indeed all of the industrial revolution, AI has the power to automate repetitive tasks previously done by humans. Operating machinery, tasks on the assembly line, even inspecting products for defects – all of these things are increasingly being automated.
Efficiency: AI can help us optimize processes and procedures, leading to greater efficiency on the line and as a whole.
New job creation. Yes, you read that right. Whereas AI may reduce the amount of jobs focused on repetitive tasks, it is also creating jobs that we haven’t seen before in the manufacturing realm, including specialized programmers, engineers, and technicians. It means companies will need people with different skill sets, and the savvy employers will dig in and train the people they already have to take on these new roles.
Predictive analytics
At USC Consulting Group, we’ve already been using AI with some of our manufacturing clients, specifically in the area of predictive analytics. We spell it all out in our eBook, “AI and Machine Learning: Predicting the Future Through Data Analytics,” but here is the gist of it in a nutshell.
By now, we all know what AI is — computer systems that perform intelligent tasks, like reasoning, learning, problem solving, decision making, and natural language processing, among others.
Machine learning is a subset of AI. It is, technically, a set of algorithms that can learn from data. Instead of having to be programmed, the computer learns on its own based on data.
Predictive analytics is one output of machine learning. It is the ability to forecast future outcomes based on data. It’s like having a crystal ball that’s informed by vast amounts of complex algorithms and data.
You’re already familiar with predictive analytics but may not know it. You know how Amazon suggests an item for you to buy based on past purchases, or Netflix queues up new shows based on what you’ve already watched? That’s predictive analytics in action.
Much like Netflix’s use of predictive analytics created a seismic shift in consumer expectations, this technology also has the potential to transform operating procedures and processes for many industries.
The benefits of using AI in predictive analytics are many, including:
- Greater precision and accuracy. Yes, humans do the programming. But AI can analyze mountains of data and identify complex patterns people might miss.
- AI can analyze vast amounts of data in a snap. This helps companies make decisions faster.
- Increased efficiency. All of this accuracy and speed leads to greater efficiency, output and ultimately, profits.
Bottom line: AI needs us
AI is a powerful tool we’ve used at USCCG to help our clients achieve greater efficiency, productivity, and profits.
But here’s the thing about that. It’s a tool. And it’s only as good as the data we supply. Any variation, and there can be skewed results.
As we all know, life is not a data set. Variation is happening all around us, all the time, even in projects where we need great precision.
That’s why the bots are never going to replace humans. They need us as much as we need them. At USCCG, we have more than 50 years of experience making process improvements, finding hidden opportunities for efficiency, creating leaner systems and helping companies thrive. For the next 50, AI will be one tool we use to help achieve that.
Read more about this innovative technology, including a specific case study about how AI works in practice, in our eBook, “AI and Machine Learning: Predicting the Future Through Data Analytics.”
The automotive industry is driving automation by having the largest number of robots working in factories around the world — operational stock hit a new record of about one million units, according to the International Federation of Robotics (IFR). With the prevalence of automation rising in the automotive industry, the benefits associated with its use in manufacturing cannot be understated. With advantages that work to bring productivity and efficiency all around, advancements in technology such as the integration of artificial intelligence underline the many innovative applications to come.
Exploring the current advantages of automation
“The automotive industry effectively invented automated manufacturing,” notes Marina Bill, the President of the IFR. “Today, robots are playing a vital role in enabling this industry’s transition from combustion engines to electric power. Robotic automation helps car manufacturers manage the wholesale changes to long-established manufacturing methods and technologies.” The IFR goes on to highlight the recent density of robots in the automotive industry — in the Republic of Korea, 2,867 industrial robots per 10,000 employees were in operation in 2021, while Germany had 1,500 units followed by the United States with 1,457 units.
Automation plays a variety of roles in automotive manufacturing, including taking on tasks such as screw driving, windshield installation, and wheel mounting. Automate highlights one example of a valuable role that automation plays in the manufacturing process, via an automated vehicle floor plug insertion system developed by FANUC for General Motors. As a result, the system effectively helps relieve workers from “the ergonomic strain of the manual process and improves production time.” Apart from assembly, Robotics and Automation News notes additional uses for automation in manufacturing include car painting, welding, polishing and material removal, and quality inspection. Regarding the benefits, automation in automotive manufacturing is known to have a wide variety of advantages that heighten productivity in immense ways — including lowering costs, improving accuracy and safety, and amping up efficiency.
Increasing automation highlights a productive future
According to CBT News, automakers are “likely to introduce more robots and other forms of automation over time.” Currently, CBT notes that many robots on production lines are called ‘cobots,’ as they work alongside workers in order to complete tasks that are physically demanding or more challenging to do — Ford, for example, has “at least 100 of these cobots across two dozen of their plants around the world.” Automakers are already planning for increased automation in the future in order to achieve various goals. Tesla is a pioneer regarding factory automation and robots; Elon Musk, for example, has said that introducing more automated equipment at Tesla as part of a goal to cut the costs of making future models by 50%, according to CBT News.
To further underline the presence of automation in auto manufacturing, a 2021 article from The Korea Economic Daily Global Edition highlights the use of robots and artificial intelligence (AI) by Kia Corp., South Korea’s second-largest automaker. According to the article, the company had released a video “showing a highly automated production line of the all-electric mid-size crossover utility vehicle (CUV) at a smart factory powered by artificial intelligence and robot technology.” Crossovers have risen in popularity in the US, with the vehicle featuring an SUV-style body based on a car (rather than a truck platform), therefore using unit-body construction. Today’s crossovers offer a variety of features, with top-rated crossovers offering those such as a spacious interior and a smooth engine.
Innovation foreshadows advancements to come
In addition to simply expanding automation efforts throughout auto manufacturing, ‘smart manufacturing’ employs technology in addition to automation. Also called Industry 4.0, RT Insights notes that data-driven decision-making and predictive maintenance are just the beginning of the advantages associated with smart manufacturing, with benefits extending to areas such as energy efficiency and supply chain optimization. “The resulting factors of having a smart manufacturing set-up are efficiency, production optimization, trackability, quick turnaround during downtime, safer working conditions, and responsible manufacturing,” notes Mobility Outlook.
AI and machine learning (ML) are both components that are driving the future of smart manufacturing, with Mobility Outlook explaining that AI systems analyze data sets and historical records of Internet of Things (IoT) devices. As a result, AI can identify patterns and trends which would otherwise go unnoticed by workers. ML algorithms, on the other hand, can “learn from data, make predictions, and make suggestions to improve manufacturing processes.” Predictive maintenance can also make a major difference in the future of automotive manufacturing, with the analysis of data allowing for minimized repair costs and proactive maintenance. Furthermore, Mobility Outlook highlights the value of quality control systems powered by AI — with this technology, defects can be detected in real-time, allowing for waste reduction and improved product quality across the board.
Automation brings a variety of benefits to automotive manufacturing. While automakers are already making use of the technology, technological advancements like AI are driving the future of ‘smart manufacturing,’ effectively foreshadowing a range of advantages to come.
*This article is written by Lottie Westfield. Lottie spent more than a decade working in quality management in the automotive sector before taking a step back to start a family. She has since reconnected with her first love of writing and enjoys contributing to a range of publications, both print and online.
Mining companies know all too well how expensive and dangerous the industry can be, and the demand for safer and more efficient training and procedures is increasing year on year.
The good news is that technology is keeping up with this demand and mining companies are starting to welcome and integrate innovative tech into their procedures.
From virtual reality training sessions to 3D mapping and printing, mining technology is helping streamline complex processes and tasks while reducing safety risks and costs.
In this article, we’re going to look at 7 mining technology innovations that are driving the mining industry forward and the benefits they bring.
1. Mining Drones
Drones have been around for the best part of a decade now and have become popular pieces of mining technology to access hard-to-reach areas and sites.
Drones are transforming the way operators map and survey mining sites. Surveying and mapping sites on foot are often expensive and time-consuming, but drones can relay geophysical imagery and data to surveyors quickly and efficiently without putting anyone’s safety at risk.
Another obvious benefit of drones is the time saved surveying sites and carrying out inspections. Operators are able to use drones to conduct visual inspections of sites and equipment as well as provide surveying and mapping data.
Companies like Exyn Technologies use drones to map out a 3-dimensional landscape of underground mines without compromising employee safety. These drones deliver hyper-accurate, survey-grade 3D maps in real-time. Plus, they’re able to navigate mines with little to no light with ease.
To learn more about Exyn technology and how it compares to more traditional methods, check out our study of Mining’s Top Innovations.
2. Virtual Reality
One of the best implementations of VR in the mining industry is how it’s being used to train employees. Mining companies can now use VR to provide immersive and realistic training simulations to allow employees to practice and navigate complex tasks in a safe and controlled environment.
VR also allows miners to virtually explore mining sites without needing to physically be there. Again, this negates the safety issues concerning visiting dangerous mining sites, but also saves money on travel expenses and transporting cumbersome equipment around the world.
Employees can practice using hyper-realistic machinery through VR, allowing them to experience operating heavy and often complex machinery off-site. This means trainees can learn and make mistakes on the job without severe consequences.
3. 3D Printing
3D printing looks to have a bright future in the mining industry. The ability to print and replicate complex and often expensive mining equipment can save companies a small fortune.
For example, if a piece of equipment becomes damaged during use, companies can use 3D printing to replace this equipment quickly and with incredible accuracy. Sourcing mining equipment is often costly and can take time to deliver specific equipment to mining sites. With 3D printing, both of these issues are negated.
While 3D printing is seeing a steady introduction to the mining industry, the potential it brings could be game-changing. Being able to instantly find, print and install specific tools or parts onsite to damaged machinery can reduce lead times and negate the need to transport expensive equipment to remote sites.
Plus, you don’t need a warehouse to store these parts – as every part can be stored digitally!
4. 3D Mapping
3D mapping is a form of mining technology that provides extremely accurate and detailed digital representations of mining sites.
For example, 3D mapping tools can highlight and pinpoint important areas for excavation, without wasting time and valuable resources. Additionally, it isn’t limited to just mining sites – 3D mapping can also be used to map quarries, waste deposits and transportation routes.
According to the statistics, the global 3D market is expected to grow from $3.8 billion in 2020 to $7.6 billion by 2025.
5. Artificial Intelligence
It would be an understatement to say that AI dominated the technology headlines of 2023. The introduction of ChatGPT, Midjourney and BingChat had (and continues to have) a massive impact on operational processes in almost every industry.
In the mining industry, AI is leveraging smart data and machine learning. Not only does this mean safer training and better mining processes, but it cuts the time to perform these tasks in half. This enables onsite engineers to make decisions faster and with more accuracy.
For example, AI is helping mining companies locate and extract valuable minerals with precision. Additionally, through advanced algorithms and data analysis, AI systems can identify optimal mining sites, predict potential resource deposits, and even guide exploration efforts with exceptional efficiency.
We’re already seeing how AI mining technology is aiding autonomous equipment like self-driving vehicles for tunneling excursions and optimizing drilling systems, and we’ll likely see more processes utilizing AI going into the future.
6. Automation
Automation is becoming increasingly popular in the mining world. Truckless conveyor-belt ore transport systems, subterranean electric vehicles and drones are some of the core automation shifts we’re seeing.
One of the biggest benefits of automation is that it allows mining companies to work around the clock without having to be physically present. By automating processes like ore delivery and transport, site monitoring and drilling and ventilation systems, miners do not have to jeopardize their health and safety by venturing into mines and handling hazardous materials and minerals.
Instead, miners can be trained on how to operate heavy machinery remotely from a control center above ground, providing a safer and more comfortable working environment.
Yes, time and resources will need to be invested in training miners on how to use this mining technology. However, the benefits far outweigh the cons. Miners face fewer health and safety risks, speed and efficiency will likely increase and in the long term the industry will experience significant cost savings.
7. Digital Twinning
Digital twinning allows mining companies to create a digital replica of their entire mining ecosystem. This includes mining equipment, geological formations and other relevant objects or assets.
By integrating data from sensors, IoT devices, and other sources, digital twinning provides a dynamic and detailed simulation that mirrors the physical reality of the mining site.
The main aim of digital twinning in the mining industry is to improve decision-making and operational efficiency. Digital twinning also allows miners to simulate various conditions and assess the impact of different variables on operations. This approach means fewer safety risks for employees.
Digital twinning is changing how mining companies do things. It lets them make a digital copy of their entire mining setup, including their equipment, geology, and processes, in an instance.
In essence, digital twinning is making mining operations more efficient, sustainable, and competitive.
Conclusion
The mining industry has been calling out for more innovative and efficient ways to streamline their processes and improve the safety conditions of their employees.
The mining technology at their disposal today is revolutionizing traditional mining processes and more companies will inevitably invest in this new technology.
Improved productivity, enhanced safety and substantial cost savings are just a few of the benefits technology brings to the mining industry. In the next few years, mining companies will need to adopt this technology into their processes to stay competitive and meet the growing demands for sustainability and efficiency.
Embracing these technological advancements is not just a choice; it’s a necessity for the mining industry to thrive in the evolving landscape.
*This article is written by Sophie Bishop. Sophie is an experienced freelance writer with a passion for sharing insights and her experience within the health and safety sector. Sophie aims to spread awareness through her writing around issues to do with healthcare, wellbeing and sustainability within the industry and is looking to connect with an engaged audience. Contact Sophie via her website: https://sophiebishop.uk/.