IIOT-slideshare
IIOT-slideshare
In Manufacturing
The Scope
What is the scope of Internet of Things (IoT) in
manufacturing?
Industrial Internet of Things (IIOT)
Digital/Connected factory
Facility Management
Production Flow Monitoring
Inventory Management
Plant Safety and Security
Quality Control
Packaging Optimization
Logistics and Supply Chain Optimization
Digital/connected factory
IIoT enabled machinery will assist in transmitting
operational information to the partners like OEMs and
engineers. Apart from this, a digitally connected unit
will help in establishing a better line of command and
also in identifying the key result areas (KRAs) for
managers.
Facility Management
IoT sensors in manufacturing equipment help with
condition-based maintenance alerts. IoT sensors ensure
that the machinery works in the prescribed environment.
With this, the manufacturers can conserve energy,
reduce costs, prevent machine downtime and also
enhance operational efficiency.
Production Flow Monitoring
Starting from the refining process to the packaging of the
final products, IIoT can monitor all the steps in the
production line. This real-time monitoring of the processes
helps in preventing any delay in production and also
eliminates any unwanted tasks in the program inventory.
Inventory Management
IoT applications assist with the monitoring of events in a
supply chain. With the help of these systems, the inventory
can be tracked and traced globally on a line-item and the
users can be notified if there are deviations. This optimizes
the supply chain and ultimately reduces shared costs in the
value chain.
Plant safety and security
IoT and big data analysis can assist in improving
workers' safety and security. The Key Performance
Indicators (KPI) of health and safety should be effectively
monitored for better safety. Any lagging indicators can
be addressed during the initial stage itself.
Quality control
IoT sensors help in collecting the product data as
well as third-party aggregated data from several
stages of a product lifecycle. All these syndicated
data and other data acquired can be later used to
analyze, identify and correct quality-related issues.
Packaging Optimization
By installing IoT sensors in products or their
packaging, manufacturers will get to know as to
how the products are being handled by multiple
partners. Smart tracking will help in tracing or
keeping track of any product related problems
during transit due to issues pertaining to
weather or road conditions.
Logistics and Supply chain optimization
Industrial IoT (IIoT) provides real-time access to
supply chain optimization by keeping track of
material, products, and equipment as they move
through the supply chain. The manufacturers can
then feed delivery information into systems like PLM,
ERP among others. This data will help the
manufacturers in predicting issues, reduce the
inventory and prevent the need for capital
requirements.
Summary
There is an endless unfolding of technologies that is
happening, but not every evolving technology will have
the potential to break through the business and social
construct.
It is believed that IIoT is an important technology that
can create economic transformations. It has been
estimated that it can create an economic impact of up to