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Tag Archives: technology
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.
Electric vehicles (EVs) have become more mainstream in today’s automotive industry, and the next few decades will see automakers electrifying their lineups and emphasizing emission-free cars. Some consumers hesitate to drive EVs because of their battery range, so how will auto manufacturers improve these critical devices? Here’s how far battery technology has come and what to expect in the future.
How Far Has Battery Technology Come for EVs?
The first EVs hit the road in the late 19th century, as inventors used primitive technology to power their machines. One of the first EVs came from Gustave Trouvé, who used a rechargeable battery to power a tricycle in 1880. By 1888, German engineer Andreas Flocken invented the first four-wheel electric car using a motor with about 1 horsepower. While it could only drive 9 mph, Flocken’s machine would be inspirational.
Modern EV batteries date back to 1997 with the EV1 from General Motors (GM). This vehicle didn’t last long on the market — as GM destroyed most of the cars — but its battery technology was critical for future machines. The EV1 used lead-acid batteries and had a range of about 74 miles before needing a charge. Nickel-metal hydride batteries doubled the range to 150 miles thanks to increased efficiency.
These batteries seem primitive by modern standards but were critical for the time and the evolution of battery technology. The inventions set up EVs to have improved technology for today’s EV revolution.
What EV Battery Technology Is Available Today?
Auto manufacturers transitioned from lead-acid to lithium-ion batteries in the 2010s, following Tesla’s success with the Roadster in 2008. The California-based EV manufacturer was the first to use these advanced devices in a car, with each system containing 6,831 lithium-ion cells for increased efficiency.
The Roadster could travel 200 miles on a single charge, giving consumers hope that manufacturers could produce efficient EV batteries and compete with gas-powered cars. Tesla’s innovation led to the Nissan Leaf, the Renault Fluence Z.E. and other mass-produced EVs utilizing advanced technologies.
This decade, EVs have improved their range and become more palatable for consumers needing reliable machines. While electric cars occupy a small market share now, experts say EVs will constitute 45% of new car sales by 2035 — signaling a significant shift in the automotive industry.
Most modern EVs still use lithium-ion batteries because they’re the most efficient mainstream option. However, researchers have found ways to improve battery technology and make electric cars more efficient.
What Does the Future Hold for Battery Technology?
EV demand has slightly slipped after a successful run in the late 2010s and early 2020s. Multiple automakers have announced they are pushing back EV production timelines because consumer desire has dropped. How can automakers pull customers back into buying EVs?
Making batteries more efficient to compete with gas-powered cars is a crucial first step. Additionally, manufacturers must produce more sustainable batteries to comply with environmental, social and governance (ESG) policies. Here are a few innovations on the horizon to improve EV battery technology.
Sodium-Ion
Sodium-ion (Na-ion) batteries are an emerging favorite for lithium-ion alternatives because they cost less and are currently in production in some countries. The International Energy Agency (IEA) says China plans to reach 30 production plants for creating Na-ion batteries, and it won’t be long before this technology spreads worldwide.
Na-ion batteries are advantageous because they contain no lithium, an expensive material for EV production. This alternative is cheaper and more accessible for the average EV driver. Using a Na-ion battery also brings advantages like faster charging and a reduced risk of overheating.
Cobalt-Free
Some question the sustainability of EV batteries, considering their use of cobalt. Much of the world imports this metal from the Democratic Republic of the Congo, where workers suffer adverse working conditions. Mining cobalt leads to polluted water and toxic effluents for the employees and surrounding communities.
These controversies have led researchers to develop cobalt-free batteries and boost sustainability. For instance, the University of Texas-Austin has created a battery using 89% nickel, with manganese and aluminum constituting the other elements. These cobalt-free batteries are less expensive and more energy-dense, making them a popular alternative for future developers.
Solid-State
EV batteries can be a liability in extreme hot and cold because the device must work harder to power the car. Using lithium-ion batteries means the liquid electrolyte solution is vulnerable to weather, so how can manufacturers remedy the problem? Solid-state batteries require no liquid or gas in their composition, making them a more stable alternative to lithium-ion devices. Removing liquid also means a reduced chance of leaks under the hood.
Solid-state batteries have existed for a while, but manufacturers like Toyota have improved them thanks to sulfide superionic conductors and other innovations. These batteries aren’t available in current vehicles, but reports say Toyota will implement them for commercial use by 2027. However, timelines could shift due to the supply chain and new research.
Advancing Battery Technology for EVs
Automakers are leaning into EVs to reduce emissions and meet sustainability goals. While technology has evolved, batteries have been an obstacle for consumers due to their perceived lack of range and reliability. Lithium-ion batteries have made EVs more efficient, and more innovations will arrive to boost range and safety.
*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.
Challenges are not new to the mining industry and 2024 is shaping up to hold several, from ESG pressure to labor shortages. But by focusing on challenges as opportunities to optimize, this resilient industry will no doubt weather these headwinds.
Here are the top issues, challenges and trends we’re seeing on the road ahead.
ESG (Environmental, Social, Governance)
According to 2024 research at EY, mining executives are looking at ESG as the biggest risk to their business — the third consecutive year ESG has received that dubious ranking. Why? It’s because of increasing scrutiny from investors and other stakeholders, and the likelihood of more strict regulations in the area of environmental protection and governance practices. All of which could lead to higher capital costs for mining companies that have to play catch-up in terms of ESG measures and compliance, like investment in new technologies and efforts toward carbon capture and storage. However, there’s a silver lining here for companies that take the lead in these efforts. It can put them on top in terms of attracting the best talent and capital investments, both of which are poised to be problematic this coming year.
Another thing about the environment …
In addition to mounting governmental pressure and stricter regulations in terms of ESG, there are other factors (and fallout) related to the environment as well. Shifting demand could mean changes in operations and production. For some companies, it may mean less demand for the materials they’re mining. For others, especially those that are focusing on nickel and lithium used in EV batteries, it means a boom.
Capital investments
That EY survey of mining executives cites capital as the second most pressing issue for the industry, behind (and hand-in-hand with) ESG. It’s shaping up to be a race for investments to facilitate the exploration for and extraction of minerals like nickel, copper and lithium, all crucial to the energy and environmental initiatives coming down the pike.
Delivering on growth projects
Linking to capital investments is the ability to develop new assets. Bringing new assets on-line faster, more responsibly and safer is more important than ever, especially in stable regions. Excelling in development projects is no longer a competitive advantage, it is an expectation from all stakeholders. Local communities and authorities expect a faster and larger return while shareholders expect a faster return on their investments. Executing growth projects on time, within budget and responsibly will define the exceptional from the pack.
Geopolitical instability
Ukraine, Israel, Gaza, and that’s just what’s making the headlines. Barring a holiday miracle, geopolitical instability isn’t going away anytime soon. In addition to the human toll, it means continued supply chain disruption, price volatility and more for the mining industry. It might mean trade tensions, embargoes, tariffs and other measures that impact the mineral trade, including “resource nationalism.”
Labor shortage
It seems like every year, we’re talking about a labor shortage in terms of recruitment and retention, and this year is no different for the mining industry. It’s particularly pressing because it’s a problem on two fronts. The labor shortage is impacting productivity today when you don’t have enough people to get the job done now. But it’s also the lack of a skilled workforce pipeline, people coming up and getting the skills they need to replace older, experienced workers who are retiring or leaving the workforce for other reasons. Workforce training, like we provide at USC Consulting, is the key to getting everyone on the same page, doing the same job the same way. It boosts productivity, which is an absolute necessity when you are feeling a labor crunch.
Technology
Technology and innovation will be big in 2024 for mining, as it will for most industries on the planet. Investments in automation will improve efficiency and safety, and it might help with the labor shortage as well. But technology advancements in mining aren’t really about the bots taking over people’s jobs. They can create new jobs and new opportunities for skilled workers which, in turn, will ratchet up productivity and process improvements mine-wide. Investments in new technologies will also help in areas of exploration, discovery and mineral extraction, again boosting productivity.
Cybersecurity
As data becomes king in all industries, not just mining, increasing digitalization heightens the risk of cyberattacks. Mining companies are considered high-value targets and are vulnerable to disruption, financial losses and more. Employee training, having a response plan in place and digital security measures are all important areas of focus for the coming year.
Remaining competitive through economic cycles or shocks
Many natural resource companies struggle to remain competitive through economic cycles or market and commodity shocks. The best possible operating efficiencies, productivity and lowest possible unit costs are the best insurance against these cyclical and adverse events. Companies design and develop good systems, but it is at the point of execution or operator level where the best distinguish itself from the others.
At USC Consulting Group, we understand what it takes to weather the headwinds for the Mining industry in 2024. We focus on optimizing processes and procedures, creating operational excellence and improving production to ultimately boost your bottom line and shore you up against whatever the coming year can dish out. Call us today to find out more.
Statistical process control (SPC) is a commonly used machine learning software in manufacturing that measures the consistency of a product’s performance based on its design specifications. Minimizing variability is a crucial part of avoiding defects and maintaining resilient manufacturing operations.
This guide outlines the different ways that businesses can effectively utilize SPC and reap all of the benefits this technology has to offer.
How Statistical Process Control Works
SPC is a tried and true technology that businesses have been using for more than 100 years to improve their manufacturing operations. It conducts ongoing statistical analyses, taking into account factors such as the materials, design, employees who handled the product and the machinery used to create the product.
SPC’s constant vigilance enables businesses to make swift and accurate resolutions to quality control problems. However, it’s not fully autonomous like other manufacturing software that can identify statistical correlations without human help. Instead, it relies on large amounts of training datasets that another source must manually input to achieve the desired results.
This form of machine learning is known as supervised learning. Businesses can input human-labeled datasets by themselves, or they can recruit another algorithm to automatically input statistics in a process called “machine annotation.” In either case, SPC needs to absorb as much raw data as possible to maximize its efficiency.
SPC displays its findings in easy-to-read control charts, and it’s the business’s responsibility to set the parameters for each chart by providing the software with enough information. This process includes six basic steps:
- Define the manufacturing process you want to monitor and control by establishing the input variables, output variables, equipment, materials and any other external factors that might affect the process.
- Collect the data that the software extrapolated from the variables you provided, then organize it into a digestible format — usually a chart or spreadsheet.
- Select and construct the control charts based on the type of data you’re using, such as weight, length, temperature and any defects that might have occurred.
- Look for patterns in the control charts that indicate special cause variations in performance due to underlying defects. You can calculate process variability through a capability index, such as C, Cpk, Pp and PPk.
- Investigate the root causes of the variations and make the necessary equipment, material or operational adjustments to correct them.
- Continue to collect and organize data to identify more variations, updating the control specifications as needed.
This process sounds awfully similar to Statistical Quality Control (SQC), but there are some key differences. Statistical Process Control measures independent variables, while SQC strictly focuses on dependent process outputs. SQC also carries out acceptance tests by screening individual product samples, while SPC relies on large datasets and doesn’t have an acceptance testing feature.
Types of SPC Tools
Many types of analysis tools have developed during SPC’s century-long evolution. These tools are split into two main categories — basic tools of quality (7-QC tools) and supplemental tools (7-SUPP tools). Here’s a quick rundown of how businesses can use the 7-QC tools:
- Stratification: separating data into subcategories by unique characteristics to clarify the origins of an existing problem.
- Histogram: A bar graph that displays the frequency of variability and the most common offenders.
- Check sheet: A document with tabular or metric format that tracks the number of special cause variations.
- Cause-and-effect diagram: A chart that shows all of the factors that lead to special cause variations and draws potential correlations between them.
- Scatter diagram: A dotted diagram that displays the overlap between dependent variables on the y-axis and independent variables on the x-axis.
- Control chart: A line-based graph that shows processes’ stability levels and pinpoints the likely variation within produced items.
- Pareto chart: This chart applies the 80/20 principle — 20% of variables cause 80% of problems — to display the most common causes of manufacturing failures.
Stratification also often appears in the 7-SUPP tools category because of its versatility and importance to statistical analysis. Breaking up large datasets into smaller digestible chunks makes SPC software more accurate at identifying problems and reducing variability. Here are the other six 7-SUPP tools:
- Flowchart: A straightforward diagram that outlines the step-by-step process of a manufacturing sequence.
- Defect mapping: A chart that shows the different types of known product flaws within a business’s manufacturing operations.
- Events logs: A variable summary showing the chain of events that resulted from an undesired occurrence.
- Progress centers: Centralized locations dedicated to tracking improvements and supporting informed decision making.
- Randomization: The deployment of random manual and automated input variables to eliminate human bias.
- Sample size determination: Choosing the number of subjects to include in a representative group when tracking manufacturing trends.
Today’s SPC software modules include all of these tools, allowing businesses to access dashboards that display the various charts and diagrams in one place. These insights can lead to identification of quantifiable improvement opportunities that maximize operational efficiency.
Benefits of Using SPC
SPC is one of the most effective machine learning resources for achieving consistent performance in manufacturing operations. Eliminating process errors allows businesses to simultaneously address the three biggest challenges in material handling — workplace hazards, equipment damage and carbon emissions — in many ways:
- Reduces manufacturing costs
- Monitors employee productivity
- Improves resource utilization
- Optimizes manual inspections
- Reduces rework and warranty claims
When these benefits combine, the final result is a more satisfied client base and a more profitable business. While SPC software can’t do all of the inspection work on its own, the tools and insights it provides are invaluable in a manufacturing environment.
Use Statistical Process Control to Its Full Potential
Business leaders who are willing to put in the necessary effort to provide SPC software with large datasets can use this technology to its full potential. They will gain access to numerous eye-opening statistics about operational inefficiencies and have all the knowledge they need to make accurate adjustments.
*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.
The B2B supply chain is changing in this tech-forward world. Like so many other things, if you’re not getting on board with smart business tech, you could be missing out on important successes. That starts with your supply and integrating tech to reduce human error and track things more clearly.
As a B2B business owner, you already know that transactions tend to happen within the supply chain. Whether you’re a wholesaler or retailer, if you’re not using tech to keep track of your supply and your sales, your business might not be able to keep up with those who are integrating different types of tech – including cloud-based technology.
Let’s take a close look at how smart business tech is optimizing the B2B supply chain, and what steps you can take to implement more sophisticated technology into your management strategy.
Why Smart Tech Matters
Tech innovations aren’t just important for manufacturing purposes. They are extremely beneficial for every step in the B2B supply chain. If you’re a supplier, integrating smart tech into your supply chain strategy can help with things like:
- Compliance
- Cash flow
- Efficiency
- Accuracy
- Speed
You’re also reducing the risk of human error throughout the process, especially when it comes to processing and fulfillment. Integrating smart technology as a part of your risk management plan makes it easier to reduce risk and put plans in place for fast recovery if disaster does strike within your supply chain.
Additionally, when you use things like automation and AI, you’ll actually end up freeing up many of your employees so they can focus on other tasks while improving efficiency. Your business can grow, your employees can move up the ladder, and you can move more product safely and quickly.
What You Can Do Today
Although technology is quickly advancing, there is plenty of technology you can start implementing into your B2B supply chain strategy immediately. For example, Enterprise Resource Planning (ERP) software will help you overcome existing challenges you might face within supply chain management, including:
- Customer acquisition
- Retention
- A global shift toward e-commerce
- Time constraints
With this kind of software, you’ll enjoy seamless data transfer from system to system. This offers another opportunity to reduce human error while optimizing your efforts because you won’t have to rely on manual data entry. Instead, you’ll have a consistently-updated clear picture of your efforts.
You’ll also be able to take advantage of automated workflows and accurate shipment tracking while offering greater confidence in fulfilling orders on time.
Integrating ERP software into your existing system should be just the beginning when it comes to what you’ll be able to do in the future with smart business tech. As you continue to grow, take advantage of existing technology that is becoming more widely available to small businesses and enterprises alike.
Preparing for the Future
As our globe becomes inundated with fossil fuels, every business needs to do its part in reducing its footprint to succeed in the future. Luckily, our world has combined the power of technology and sustainability, and nowhere is that more evident than in solar power technology. In the last decade alone, the limits of solar technology have broken down significantly. Today, solar power has been used for a variety of purposes, including transportation, military defense, and even space exploration.
When it comes to harnessing solar power for your B2B supply chain, it can be utilized almost anywhere you’re currently relying on traditional forms of energy. You can take advantage of solar energy-powered transportation by integrating it into your fleet. Not only will it help to reduce your overall reliance on fossil fuels and reduce your budget for fuel, but it can shed a positive light on your business practices and help with client acquisition
In addition to solar technology, you should also be looking into 5G for the future of your supply chain. Integrating 5G into your existing supply chain tech will help to reduce disruptions and improve optimization efforts. Things like smart sensors can be placed on your fleet trucks to track product location or determine the cause(s) of delays in real time. Shipments can be tracked electronically to prevent cargo from getting lost. Again, the risk of human error will be greatly reduced this way. 5G makes it much easier to implement AI and automation into your strategy without having to worry about network lags or lapses in connection.
Many people look at the supply chain industry and automatically assume it’s outdated. Others think if it’s not “broken,” it shouldn’t be fixed. But, smart technology is already optimizing the B2B supply chain, and the businesses that don’t jump on board will experience greater losses, delays, and burnt-out employees for years to come. Consider some of the tech solutions you can implement now and in the future, and you’re likely to see greater success and more streamlined production.
*This article is written by Ainsley Lawrence. View more of Ainsley’s articles here.
Studies have shown that over 40% of workers across various industries spend a significant portion of their workweek on repetitive manual tasks. In the manufacturing sector, these tasks often involve data collection and manual data entry, which many consider to be inefficient given the availability of advanced automation software in today’s market.
Innovative automation programs are designed to automatically collect, upload, or synchronize data into a system of record. This automation can help eliminate production bottlenecks and streamline manufacturing processes, ultimately improving output. Moreover, automation can significantly reduce the risk of human error, which can lead to injuries. In fact, a majority of workers (nearly 60%) believe that they could save six or more hours per week if the repetitive aspects of their jobs were automated.
Automation is not limited to the field personnel, as managers are also looking to streamline their own tasks. A renowned technological research and consulting firm predicts that by 2024, 69% of day-to-day managerial work will be fully automated. Examples of automatable managerial tasks include approvals, sign-offs, status updates, and confirmation requests. Increased efficiency in these operations can free up time for employees at all levels to contribute more strategically to the success of a business.
In addition to automation, cutting-edge robotic technology is also being utilized in many manufacturing organizations. Programmed robots or robot-controlled machines that use artificial intelligence (AI) can enhance a company’s assembly, material handling, and processing capabilities. Robots excel in predictable environments and can handle physically demanding or monotonous tasks that may negatively impact employee well-being or morale. This results in increased productivity and reduced labor costs.
Another type of robot gaining popularity is the collaborative robot, or cobot, which is specifically designed for direct human-robot interaction. Cobots are relatively new but are projected to have exponential growth in the market, with an estimated worth of nearly $2 billion by 2026, up from $590.5 million in 2020. Industry experts predict that by 2025, 34% of industrial robots sold will be cobots. Cobots are cost-effective, safe, and flexible, making them an ideal tool for small and mid-sized manufacturers to modernize their operations, reduce redundant tasks, improve productivity, and achieve peak performance.
To learn more about the impact of repetitive tasks in manufacturing and how technology can counter them, please refer to the infographic below:
Repetitive Tasks in Manufacturing from Acieta, a manufacturing robotic company
Adapting to new trends often comes in waves. We’d prefer if we could pace ourselves and anticipate new technology, but it’s never that simple in a digital landscape.
As technology improves, companies must adapt. Adapting to new technology can save hundreds of thousands of dollars in operational and administrative costs. Moreover, the mere appearance of adoption can make the difference in clients perceiving you as a reputable thought leader or an obsolete brand past its prime.
Your intention, of course, is to keep your brand relative and alive. That is why prepping your company’s culture, assets, and methodology to abide by digital trends is paramount.
Optimization Through Digitization
The time of pen and paper is a bygone era. As more companies move their documentation management to online cloud storage platforms, it opens the door to time, space, and improved organization.
Consequently, it allows progressive brands to accomplish more with their time than brands that haven’t adjusted their document management. Not only this, but file sharing is becoming more expected by consumers as opposed to traditional means of communication like snail mail.
Digitizing company documents can also improve the quality of life for most HR workers as it can reduce the footprint of files they need to keep track of physically.
But it’s not only for convenience. If data is being shared via e-mail, it faces the possibility of malicious online threats. That’s why data encryption and security measures are in place to protect sensitive documentation belonging to companies.
Although transforming all physical documents to a digital format may be an involved and large task at first, the benefits of time savings and organization can vastly outweigh the initial time investment. However, it needs to be done in a way that can be repeatable on a daily basis. The new system of conducting work processes digitally needs to be scalable. Physical methods should be put away. Digital forms, communication, and organization should take their place.
It can often feel daunting to convert thousands of documents into digital formats. That’s why many brands hire consultants to aid them in arranging their systems in a way that can be easily categorized, implemented, and repeated.
Entering the Metaverse
The metaverse, one of the most recent and ongoing technological trends, is going to change all aspects of life, including average business daily life. If you’re unfamiliar with the concept, it is a virtual rendering and representation of the world we live in. You can imagine it like a video game at first, trying to imitate real life by making it appear as real as possible.
The metaverse does this, but the intent is that it will have practical application. For example, where today, to buy groceries, one must get up, go outside, drive to the store, walk around the store, purchase the merchandise, and return home.
These digital realities will strive to allow you to enter a virtual rendering of the same grocery store and simulate walking around and purchasing groceries. The difference is that you won’t have to leave your home. Your groceries will simply be dropped off via a drone, and that’s that.
We already see a glimpse of this in actuality through the popular app, Instacart, which enables distant customers to shop for groceries from their mobile phones.
The ability to access virtually and experience tangible things from a distance could imply major benefits for a lot of different applications.
It could allow clientele to browse inventory and specifications of a product that’s located on the other side of the world. It could allow physically disabled individuals the ability to shop on their own. The benefits are worth considering.
And that is what your brand must consider. What does its place in the metaverse look like? There’s certainly a host of ways that businesses can leverage the metaverse to their advantage, including the sale of NFTs to behave almost like a ticketing system to obtain real-life tangible items. Some other examples might include exhibiting product demonstrations for industrial machining companies or product testing a new design before its put on the market.
If you start now, your brand could be among the first early adopters of the metaverse when it eventually takes off and becomes one of the main alternatives to physical experience.
Be wary. The internet didn’t take off right away. And there will be plenty of naysayers that try to diminish the validity of the metaverse, but your company should be prepared to adapt if it becomes the next big thing.
Maintain Awareness of What’s Next
If there’s anything you take away from this, it should be to stay vigilant and aware of what’s creeping up on the horizon.
The metaverse might get big for a decade and then fizzle out. It might be replaced by another thing shortly after. The important thing to do is to remain conscientious of what’s coming and make decisions on whether or not and how you will adapt to meet the new evolution of technology.
Advancement is exponentially increasing, which means we have smaller and smaller windows of time to settle in the previous development before we have to move on to the next one. Don’t let anything slip by!
*This article is written by Ainsley Lawrence. View more of Ainsley’s articles here.
As long as we have transported goods from place to place, we have had to figure out how to keep track of those goods. Warehouse management is the modern iteration of this pursuit, and there has never been a better time to manage this work efficiently and effectively. However, not all warehouses take advantage of the technology that makes this efficiency possible.
Here’s a look at how technology can benefit your warehouse and help your business run at its absolute best.
Learn how to eliminate wasteful practices and procedures in your supply chain by partnering with USC Consulting Group. Call 800.888.8872 to schedule a consultation.
Protecting Your Information
Some warehouse owners and managers assume that bringing in more technology will make them more vulnerable to cyber attacks. Although there is an element of truth to this idea, the simple fact of the matter is if you use any technology at all – which, these days, you most certainly do – you are already vulnerable to hackers and other malicious parties. Rather than shirking further technological advancements, the solution is to be proactive on cybersecurity.
After all, small businesses are some of the most likely targets for cyber attacks. Many entrepreneurs assume their business will be safe, simply because it doesn’t have the funds to provide a large payout. Businesses that do have those funds, however, such as banks and investment firms, typically have very tight cyber security. Attacks on these businesses are more likely to fail as a result, making mid-size businesses an attractive option.
Since cybersecurity is an ever-changing game, work with a knowledgeable, established team to keep your protocols up-to-date. You can even look into hiring an “ethical hacker.” There are trusted hackers for hire who will do their best to break your security efforts to ensure they’re sufficient and identify any weak spots. This can be an absolute life-saver, especially if you have any subtle issues you and your security team may not have spotted otherwise.
Tracking Your Inventory
At the end of the day, your business is all about making sure you know what items are going where, and when. Many inventory management companies rely primarily on barcodes to keep this work moving. However, Explainthatstuff notes they come with plenty of drawbacks. First and foremost, barcodes can be difficult to scan. They rely heavily on lighting and angles, and these factors aren’t always consistent from print to print. They’re also easily compromised if scratched or damaged.
These issues are surmountable, obviously, but they can slow workers down and leave them frazzled and frustrated. Switching to RFID-based tracking can speed your work up significantly, as this method is far more consistently effective. You can track more inventory faster, with fewer complications along the way. This will lead to quicker and more accurate inventory reads, making your warehouse run smoother than ever.
Adding Automation
Chances are good that you are more than aware of how helpful it can be to reduce man hours and human error via automation. But you might be pleasantly surprised to learn that you don’t need to invest in robotics to add automation to your warehouse.
At the heart of effective inventory management, there are technology solutions like inventory software that can help automate your processes. From real-time inventory tracking to improved communication to faster customer fulfillment, by investing in the right software, you can bring your warehouse into the automated age. It’s also crucial that you analyze all your inventory data to learn where you can make improvements. Look for data analysis professionals—you can find data analytics companies through online job sites where you can learn about their ratings, rates, and experience.
Facilitating Employee Success
Finally, there are many technologies out there that can help you make sure your employees are given the best opportunities to reach their full potential. For example, you can invest in training software that takes your workers through everything they need to know to thrive in the warehouse. This can be especially useful when it comes to safety procedures and other aspects of the work that need to be approached collaboratively and cohesively.
Putting off new technology keeps your company from reaching its best potential. We hope this article has helped you see some of the benefits your warehouse can reach by working in some of the latest tech. Take advantage of innovation, and your business can thrive!
*This article was written by Dean Burgess. Dean runs Excitepreneur, which celebrates the achievements of entrepreneurs. He understands that there are many types of entrepreneurs, and strives to provide helpful information to assist them in achieving their particular idea or goal.
Technology is essential for business tasks like tracking manufacturing and distribution, managing inventory and the supply chain, and handling administrative duties. Once business leaders establish technological systems, it’s all too common for no one to think about it again for a decade. This isn’t a great business practice.
Successful businesses are constantly updating their software to make processes more efficient and to improve the user experience for customers. Haven’t updated your company’s technology in a while? There’s no need to worry.
If you take a minute to analyze your business processes, you may find there are some tell-tale signs it’s time for an upgrade.
1. Your Team Uses Different Software for Different Processes
Do you find that your team is constantly jumping from one platform to another? Are there different applications your team uses for different business processes?
You can lose time and productivity if you are always having to change systems and platforms. Not to mention, using multiple applications can slow down your computer.
2. Team Members Frequently Complain About the Software They Use
There is nothing worse than not being able to do your job well because of technology.
Questions to ask yourself about your team’s experience are:
- Is your team having to do a lot of manual business processes?
- Is it difficult to access the data your team needs to access daily?
- Is your business data available on the cloud for easy access?
- Is your software slow enough to cause frustration among your staff?
If you notice your team complaining about outdated software, slow hardware, or systems that hinder everyday duties, it won’t be long before you start seeing a drop in morale and productivity.
3. Your Business is Shifting Gears
If you’ve decided it’s time for your company to change directions, you may need to also upgrade your technology to better align with your new business goals. Perhaps you want to acquire new laptops, smartphones, or tablets for your team. Perhaps you simply want to set up new systems.
When shifting directions, new technology can help you achieve your business goals. Research new technological solutions that might be a good fit for your business, and evaluate your options.
4. The User Experience is Convoluted and Difficult
Talk to your customers to find out what the user experience is like with your website or any other systems they use to purchase goods or services from your business. Is the whole process too chaotic? How is the workflow efficiency? Are your systems causing you to have difficulty when scaling your business and adding more customers?
These are all signs it’s time to improve the user experience. The last thing you want is for your website or app to be giving customers the wrong impression about your business.
5. Your Software Isn’t Secure
Security for your company is crucial. If you find the software is being threatened, it’s definitely time for an upgrade. Customers will be able to trust your business more if they know their information is secure in your system.
If you haven’t upgraded in a while and you’re using older technology, you may be more vulnerable to security breaches. This can put your company and your customers in a bad position.
How to Upgrade Your Business Software
Alright, so you’ve taken a look at your business, you’ve assessed your situation, and you’ve noticed the signs that you need to give your business technology an upgrade. So what are the next steps? How should you go about getting started with updating your business technology?
1. Make Things Simple
You want to take a look at your current processes and figure out how you can streamline as much as possible. Unfortunately, business leaders can tend to overcomplicate things.
Identify your business goals, and research the best software to help you achieve as many of those goals as possible. Automate as much of the business processes as you can.
When you have put your new systems into place, don’t forget to test the new workflow. You want to be able to identify any issues so you can work to improve the effectiveness of any new systems.
2. Hire a Software Developer
Hiring a software developer is often one of the easiest ways to update your business software. In most cases, these experts will be able to go into your software, diagnose any problems you are having, and help you to find the right solutions for your business.
You may find it helpful to keep the software developer on retainer so that if you run into issues in the future, you can consult with them to find the best solution. This way, they can help you to ensure that your business processes continue to run smoothly.
3. Take a Web Design Class
If a lot of your issues have to do with your website, you may want to take web design classes yourself. In a web design class, you can learn the basics about web development, web coding principles, web graphics, and user experience.
You may be thinking that you’re interested in running your business, not becoming a web designer. However, as technology becomes more and more intertwined with business processes, you are likely to be much more successful in your business if you have a basic knowledge of how software and web design can work to help you have more efficient business processes.
If you want to improve the technology in your business, there are a lot of things you can do to stay current. It’s important to regularly take a look at your business processes and assess whether or not your technology is working for you.
*This article is written by Ainsley Lawrence. View more of Ainsley’s articles here.
Workplace injuries are frighteningly common. While incident rates have declined over time, there were 2.8 million nonfatal workplace accidents in both 2018 and 2019. Few things are as important as the safety of your employees, so facilities must prevent these incidents.
Every facility has unique conditions and concerns, but some steps can improve safety in any industrial workplace. Here are five of the leading ways you can keep your employees safe.
1. Prioritize Safety Training
The most crucial step in improving workplace safety is providing thorough training. Make sure you teach all employees proper safety procedures as well as why these policies matter. If they understand the risks that your protocols prevent, they’ll be more likely to follow them.
In addition to general safety training, you should instruct workers on the specific considerations for their position.
For example, anyone who has to operate a forklift should receive additional training on safe forklift operations. It’s not enough to only go over these procedures upon hiring, either. Hold regular refresher sessions to ensure no one forgets crucial safety procedures.
2. Take Advantage of Technology
Even with thorough training, employees won’t be able to avoid all hazards. New technologies can help you account for these blind spots. For instance, wearable tech can detect when a forklift or other employee is around the corner, even if a worker can’t see or hear them. The device can then alert them to stop, preventing a collision.
Similar devices can monitor signs of fatigue in workers. If it senses they’re nearing a state where it would be dangerous to work, it can warn them to take a break. Since overexertion and bodily reactions are the most common workplace injuries, these warnings can lead to substantial improvements.
3. Maintain All Machinery
Machinery is one of the most common sources of injury in an industrial workplace. When equipment malfunctions, it can pose a threat to even the most careful employees. To prevent these accidents, you should perform regular maintenance on all machinery.
Maintaining equipment on a schedule is safer and often more cost-effective than using it until it breaks. An even better method is predictive maintenance, which uses sensors to predict when a machine will need maintenance. This avoids unnecessary repairs, saves time and money, and prevents dangerous breakdowns.
4. Create an Emergency Response Plan
While addressing these everyday hazards, remember to prepare for emergencies, too. Roughly one quarter of businesses would be unable to reopen after a disaster. You can avoid becoming part of that statistic by creating and practicing an emergency response plan.
You don’t need a response plan to every type of disaster, but you should craft one for the most likely scenarios in your area. Identify which emergencies are most likely, then develop a response and recovery plan. Remember to train all employees in this plan and run drills periodically so everyone knows what to do should an emergency arise.
5. Foster a Culture of Responsibility and Safety
Finally, you should try to cultivate a company culture of safety. If safety is part of your workplace’s atmosphere, employees will make better choices and spot potential hazards as they arise. While a “culture of safety” is difficult to quantify, there are steps you can take to foster one.
Ensure all managers and team leaders lead by example by going above and beyond company safety policies. You should also establish and promote a straightforward, two-way communication system so workers can express their concerns.
You could also consider instituting a reward system for employees who exhibit safe behavior or recommend valuable safety changes.
Keep Your Workers Safe
Industrial facilities are often dangerous places to work, but they don’t have to be. If you follow these steps, you can create a safe work environment for all employees. You’ll protect your workers as well as improve efficiency and morale.
This article is written by Devin Partida. Devin is a tech writer with an interest in the IIot and manufacturing. She is also the Editor-in-Chief of ReHack.com.