3 Ways to Put Big Data to Work in Your Factory

Is enthusiasm for Big Data wavering? In 2015, McKinsey Global Institute claimed that the IIoT had the potential to create as much as $3.7 trillion in economic value in the global manufacturing sector by 2025. They also predicted that 80 to 100% of manufacturers will have implemented IIoT applications by then and already be reaping the benefits of data-driven insights into their operations. When Gartner surveyed manufacturers in 2016, nearly

Demand Driven Manufacturing in the Engineer-to-Order Space

Aligning Lean Manufacturing and Continuous Improvement Practices Demand-driven manufacturing (DDM) is an approach to manufacturing where production is based on actual demand rather than forecasts. DDM enables a synchronized, closed loop between customer orders, production scheduling and manufacturing execution – all while simultaneously coordinating the flow of materials and resources across the supply chain. The terms Pull-based manufacturing and Just-in-Time (JIT) manufacturing are also used within the context of DDM