Posted by Thelma Marshall, VP of Solutions April 14, 2020
The fourth industrial revolution, or industry 4.0, is here. It represents the combination of cyber-physical systems, the Internet of Things, and the Internet of Systems and 70 percent of material handling industries consider it a top priority.
Why does this matter? As Industry 4.0 unfolds, advanced software systems can now communicate with each other to analyze challenges and find solutions without any human involvement.
The result is machine learning – where smart machines increase their knowledge by sharing and leveraging more data. This will vastly improve efficiencies for any manufacturing or distribution center enterprise.
Working smarter, faster and easier
A marriage of cyber-physical systems, the Internet of Things and the Internet of Systems are the foundation of Industry 4.0 and take smart distributions centers to an unprecedented new level of intelligence.
In a smart facility, productivity increases, and the waste stream is reduced. Profitability and output reflect these changes without arduous reports or time lost searching for answers. Solutions are discovered by the software systems, not by lengthy analyzation by managers.
Next level results
Machine learning – where smart machines increase their knowledge by sharing and leveraging more data, allows manufacturing facilities and distributions centers to improve efficiencies. Productivity increases while the waste stream is reduced.
Enterprise level reporting facilitates a holistic view of data from multiple locations. This data provides checks and balances that determine solutions or the next course of action.
- Evaluate how well a location or even multiple divisions are progressing with objectives.
- Organizational hierarchy breaks the data down by region, business unit or location type.
- Review data and analytics derived from daily facility operations, at multiple locations.
- Pull important insight and create reports that show what areas are performing above expectations, at acceptable levels and those that are underperforming.
Software that optimizes logistics to create a connected supply chain can adjust and accommodate when unexpected change, shortages or new information is discovered. Supply chain visibility goes beyond one specific warehouse or manufacturing center. Industry 4.0 technology allows an enterprise to be able to provide traceability for products already fielded.
User-friendly big data can already be delivered as actionable information on a single screen. This empowers you to leverage vast amounts of information to transform your warehouse, saving valuable time and maintaining a competitive edge.
Industry 4.0 promises to deliver the next level in smart facilities achieved by machine learning, enterprise level reporting and simplified advanced analytics based on real-time data. These emerging software technologies drastically improve efficiency, facilitate better asset management, and may potentially reduce the environmental damage caused by the previous industrial revolutions.