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In the first LNS Research blog article on this topic, we discussed the huge potential for billions of interconnected devices, along with summarizing some of the key investments, movers and shakers, and activities that are occurring surrounding the Internet of Things (IoT) for the manufacturing industries. We also explored the first of three big hurdles that we see as slowing down adoption – the need for more interoperability standards between IoT and existing manufacturing and IT industry standards.
Chances are, an increased rate of production response to changes in supply and demand is high on your operational wish-list. And you’re not alone. When it comes to increased agility, it’s hard to argue there’s such a thing as too fast, and even small improvements in the ability to quickly ramp production up or down can translate to significant long-term bottom-line gains.
In the push to remain competitive on a global scale, manufacturing organizations have had to evaluate their production operations and shore up any areas where costs can be decreased and profitability maximized. These include lowering risk, improving customer responsiveness and service levels, obtaining a higher return on assets, and others.
This week, we are sharing recent industrial articles that include discussion of implementing manufacturing execution systems (MES), food traceability, and energy management.
Manufacturing execution system (MES) projects are rumored to be complex, expensive, and virtually never complete. This article was passed along to me from colleagues and deemed to be among the better MES content reviewed in a while. Paul Brandenburg focuses on describing three main MES functions: production operations management, quality operations management, and inventory operations management. Brandenburg drives down on MES implementation and the requirements for this process to prove successful. No project is an island.
2012 was a very exciting year at LNS Research, and we’re happy to say that we are just getting started. After crossing the 1000 account threshold in the first 6 months of launching our research library, we are looking forward to launching additional research practices, our benchmark data visualization portal, and advisory councils.
The industrial space is a dynamic one. 2012 brought memorable improvements and innovations to strategies, technologies, management systems, and so on. However, as the holiday season winds down and the calendar flips to a new year, it’s not only time to reflect on this past year, it’s also time to analyze trends and make some predictions for the direction of the space in 2013.
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