Manufacturing Innovation Trends

December 21st, 2012

Manufacturing innovation continues to change. One of the focuses in manufacturing technology is improving employee management and human resources. Inventory control management is another area where things are changing and improving. If you look at innovation in the manufacturing sector today compared to a few decades ago, the landscape would look incredibly different.

The Use of Analytics

One of the best innovations to hit the industry is the use of analytics technology. It provides the manager on the floor with on-demand information. In traditional analytics, the goal was to analyze after the fact. That is no longer the case. Now, the focus is on predictive approaches that can correct problems long before they become a problem.

SMART Asset Management

One way that some industrial companies are improving on the employee front is with SMART Asset management. This technology-drive method allows managers to better manage all assets. This advanced data collection method uses computerized sensors at all levels. This makes managing equipment inventory easier to do. That equates to making employees more efficient and less wasteful on the job floor. This can also help to reduce the risk of accidents and can help reduce loss on the job.

Mobile Technology

Both hardware and applications can now provide better mobile access to companies Manufacturers are taking these tools and leveraging it to achieve goals. The size, processing power, sensors, cameras, and other tools now available in these resources are helping companies to do more.

Focus on Cloud Computing

Another area that manufacturing innovation is focusing on is the use of cloud computing. This provides access to information in real time. Everything from payroll to taxation are available. Most will take advantage of usage or consumption-based commercial models to achieve goals. It is also ideal because of the cost beneficial since the initial ramp up in many projects can be managed more efficiently in a cloud based environment.

When it comes to manufacturing innovation, trends continue to focus on providing more hands on tools for getting tasks completed more effortlessly. Additionally, more information is readily available at the fingertips of any floor manager or business owner. This added information and analytics that can further provide information about that information is an asset to any business for the sheer benefits it can offer. After all, it provides a wide range of access to reducing costs, improving employee productivity and advancing in a tough economy.

Enjoy our previous posts on technology in manufacturing:

Gauge Productivity and Meet Quotas

Manufacturing World: What Makes a Good Leader?

SMART Asset Management in Manufacturing – What You Need to Know

June 26th, 2012

In today’s manufacturing world, there are many technology-driven methods of managing assets, also sometimes referred to as SMART asset management.  In manufacturing businesses, SMART stands for advanced data collection methods using computerized sensors, RFID tags, and actuators that track activity at all levels.

Using SMART technology to better manage inventory, equipment, transportation, and other resources helps employees become more efficient and less wasteful. It can also cut down on accidents and loss on the job. SMART means more than just managing tangible assets; it also means developing a program for streamlining operations with strategic business planning.

For a manufacturing firm that wants to control production and personnel costs, a SMART asset management system makes good business sense. When there is a reduced loss of assets, there can be opportunities for expansion and staff development. If staff members are well-trained to use SMART asset management procedures, they can become more efficient in their roles, and contribute more directly in the success of their company as a whole.

With a SMART asset management system in place, manufacturing companies are better able to plan for the future based on accurate asset records. This means being able to react quickly to industry demands with an ever-ready supply of inventory and people. Clearly, the faster a company can meet the needs of customers, the better it can execute its staffing program in line with fluctuating production.

Many manufacturing companies have instituted some form of SMART asset management, from simple inventory and ordering systems, to recruiting and training programs – all facilitated by a central computer system. By managing assets using SMART methodology, company leaders have better grasp of key information that can be used to plan future initiatives.

If your company is engaged in the manufacturing industry, then you may already understand why SMART asset management is critical to your success, and to that of your employees. By consolidating all your processes into a well-managed asset system, you are more likely to be able to adapt and react to market changes.

Having access to good employees in manufacturing is half the battle; managing them is the other side of the coin. Leave it up to Stark Talent to provide the best industrial workforce you can benefit from, in Texas USA and Calgary, Alberta Canada.