IoT Boosts Lean Manufacturing in Seven Way

1. IoT Boosts Lean Manufacturing in Seven Ways The use of Internet of Things (IoT) technologies on the factory floor, accelerated by the Covid- 19 pandemic, provides engineers with high-value data that leads to increased productivity and operational efficiency, less waste and better decision-making, it can be faster than that - the ultimate goals of Lean manufacturing. Lean once before was a manual process of visual inspection, gathering information, and applying solutions. Today, however, thanks to the speed and precision of the IoT, it is much easier and faster to acquire vulnerable targets. While the weak principles remain consistent, the data generation method remains. Lean eliminates waste and digital technologies make production faster and with fewer steps, often regardless of human bias. According to consulting firm Bain & Company, an integrated "digital lean" approach can produce savings of up to 30% with faster turnaround than using traditional lean practices with a 15% reduction in operating costs. Digital tools such as artificial intelligence (AI), the Internet of Things (IoT), automation/robotics, and 5G can improve lean processes by providing engineers with detailed real-time information, allowing them to improve performance and operations. Can track and improve weak performance. in previously unthinkable ways.

2. Seven ways IoT can improve lean IoT devices provide real-time insights into key vulnerability indicators that engineers monitor. This information makes it easier to identify and eliminate waste and inefficiencies in the value chain, thereby maximizing productivity. The thousands of sensors on the equipment can detect unprecedented amounts of garbage. The seven methods listed below show how IoT can improve lean manufacturing by streamlining processes, eliminating bottlenecks and reducing operational costs. 1. Waiting period 2. Inventory management 3. Overproduction 4. Fewer defects 5. Predictive maintenance 6. Protection of employees 7. Digital twins can optimize all lean processes The implementation of IoT technologies allows companies to quickly lean their efforts. In most cases, the integration of Lean and IoT achieves more if they are done separately. Sensor- enabled tools will also allow for faster iterations and more accurate scaling. As AI and machine- to-machine communications improve, especially the ability to self-correct in real time, bad targets will be acquired faster and with less human intervention.