{"id":961,"date":"2020-09-22T11:34:27","date_gmt":"2020-09-22T18:34:27","guid":{"rendered":"http:\/\/themanwhosoldtheweb.com\/blog\/?p=961"},"modified":"2020-09-22T11:34:29","modified_gmt":"2020-09-22T18:34:29","slug":"how-to-employ-internet-of-things-iot-system-to-fast-track-decision-making-in-the-manufacturing-sector","status":"publish","type":"post","link":"http:\/\/themanwhosoldtheweb.com\/blog\/2020\/09\/how-to-employ-internet-of-things-iot-system-to-fast-track-decision-making-in-the-manufacturing-sector\/","title":{"rendered":"How to Employ Internet of Things (IoT) System to Fast-track Decision-Making in the Manufacturing Sector?"},"content":{"rendered":"\n<div class=\"wp-block-image\"><figure class=\"alignright is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/themanwhosoldtheweb.com\/blog\/wp-content\/uploads\/2020\/09\/Manufacturing1-907x1024.jpg\" alt=\"\" class=\"wp-image-962\" width=\"288\" height=\"325\" srcset=\"http:\/\/themanwhosoldtheweb.com\/blog\/wp-content\/uploads\/2020\/09\/Manufacturing1-907x1024.jpg 907w, http:\/\/themanwhosoldtheweb.com\/blog\/wp-content\/uploads\/2020\/09\/Manufacturing1-266x300.jpg 266w, http:\/\/themanwhosoldtheweb.com\/blog\/wp-content\/uploads\/2020\/09\/Manufacturing1-768x867.jpg 768w, http:\/\/themanwhosoldtheweb.com\/blog\/wp-content\/uploads\/2020\/09\/Manufacturing1.jpg 1280w\" sizes=\"auto, (max-width: 288px) 100vw, 288px\" \/><\/figure><\/div>\n\n\n\n<p><a href=\"https:\/\/flevy.com\/business-toolkit\/manufacturing\">Manufacturing<\/a> today entails immediate yet informed decision making.&nbsp; However, with increasing levels of sophistication and production, senior leadership often has limited time to make optimum decisions pertaining to the number of unanticipated issues surfacing from time to time.&nbsp; These issues\u2014if not managed properly and timely\u2014can lead to defects and wastes.<\/p>\n\n\n\n<p>Top global enterprises are utilizing <a href=\"https:\/\/flevy.com\/browse\/stream\/innovation\">innovation<\/a> and creative ways to enable prompt decision making. &nbsp;Specifically, they are using <a href=\"https:\/\/flevy.com\/business-toolkit\/internet-of-things\">Internet of Things (IoT)<\/a> to effectively handle critical aspects of manufacturing.&nbsp; Successful implementation of a Manufacturing IoT system facilitates in automating key tasks, decisions and processes; curtailing scrap and rework; and enhancing productivity.<\/p>\n\n\n\n<p>People often object to implementing an IoT system by citing other important projects that they are already undertaking and the resource and time constraints as pressing hurdles.&nbsp; To work around these limitations, manufacturers can engage 3<sup>rd<\/sup> party consultants having proven expertise in end-to-end successful IoT, Asset Tracking, and manufacturing systems deployment.<\/p>\n\n\n\n<p><a href=\"https:\/\/flevy.com\/browse\/flevypro\/manufacturing-internet-of-things-iot-implementation-5249\">Implementing a Manufacturing IoT System<\/a> leverages immense benefits, including:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Enhancing the ROI of other programs under way.<\/li><li>Streamlined and <a href=\"https:\/\/flevy.com\/browse\/stream\/process-improvement\">Process Improvement<\/a>&nbsp;and <a href=\"https:\/\/flevy.com\/business-toolkit\/robotic-process-automation\">Robotic Process Automation<\/a> help prompt informed decisions.<\/li><li>Managing materials efficiently.<\/li><li>Adjusting to customer requirements.<\/li><li>Avoiding costly mistakes and rework.<\/li><\/ul>\n\n\n\n<p>However, harnessing IoT necessitates careful deliberation and planning.&nbsp; The core requirements to effectively implement a <a href=\"https:\/\/flevy.com\/browse\/flevypro\/manufacturing-internet-of-things-iot-implementation-5249\">Manufacturing IoT system<\/a> can be segregated into 2 broad categories:<\/p>\n\n\n\n<ol class=\"wp-block-list\"><li><strong>Functional Requirements<\/strong><\/li><li><strong>System Requirements<\/strong><\/li><\/ol>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><a href=\"https:\/\/flevy.com\/browse\/flevypro\/manufacturing-internet-of-things-iot-implementation-5249\"><img decoding=\"async\" src=\"https:\/\/flevy.com\/blog\/wp-content\/uploads\/2020\/09\/IoT-Manufacturing-Sector.png\" alt=\"\" class=\"wp-image-7406\" \/><\/a><\/figure><\/div>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Functional Requirements<\/strong><\/h3>\n\n\n\n<p>Functional Requirements (FR) describe the system or its components.&nbsp; FR provide a description of services that the Manufacturing IoT system must offer. &nbsp;FR for Manufacturing IoT may include:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Control Assets and Administer Asset Properties<\/li><li>Track Assets Movement<\/li><li>Setup Locations<\/li><li>Maintain Equipment Duty Cycles for Maintenance<\/li><li>Record Raw Material Shelf Life<\/li><li>Maintain Asset Family and Digital Thread<\/li><li>Extend Material Shelf Life<\/li><li>Enable Cutting and Kitting<\/li><li>Asset Search and Filter<\/li><li>Maintain Assets Events<\/li><li>Record History of Events<\/li><li>Generate New Assets<\/li><li>Record Cured Kits<\/li><li>Document Assets<\/li><li>Allow Synchronization with Current Systems<\/li><li>Generate Real-time Production Maps<\/li><li>Enable Integration with Cut Planning Optimization Systems<\/li><li>Allow Production of Passive RFID Tags Internally<\/li><li>Create Customized Alerts<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>System Requirements <\/strong><\/h3>\n\n\n\n<p>All systems require availability of certain software resources, functionalities, or other hardware components. &nbsp;These prerequisites have to be met in the design of a system.&nbsp; Typical System Requirements for manufacturing IoT may include:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>User Authorization<\/li><li>Quick installation<\/li><li>Usability<\/li><li>Integration to Next-generation IoT Platforms<\/li><li>Radio-frequency Identification (RFID) Ability<\/li><\/ul>\n\n\n\n<p>Let\u2019s delve deeper into some of the Functional Requirements for now.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Control Assets and Administer Asset Properties<\/strong><\/h4>\n\n\n\n<p>The system should be able to manage multiple assets and add new assets.&nbsp; It should be capable of:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Creating asset properties, e.g., name, ID and shipment date.<\/li><li>Editing property labels and show \/ hide asset properties.<\/li><li>Automatically adding materials\u2019 expiry date, \u201cremaining exposure time,\u201d \u201ctool autoclave cycles left,\u201d and \u201ctool usage time left.\u201d<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Trace Assets Movement<\/strong><\/h4>\n\n\n\n<p>The IoT system should be able to:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Follow assets location from one site to another during the manufacturing process.<\/li><li>Allow integration of MAT with RFID and other floor sensors to gather real-time assets\u2019 location and condition data.<\/li><li>Enable asset location reporting manually, through barcode, or hybrid (barcode and RFID).<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Setup Locations<\/strong><\/h4>\n\n\n\n<p>The system should maintain:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Asset data from multiple sites (locations).<\/li><li>Assets movement to and fro various sites, reported using RFID or other sensors.<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Maintain Equipment Duty Cycles for Maintenance<\/strong><\/h4>\n\n\n\n<p>The IoT manufacturing system should record all maintenance needs and maintenance activity performed on an asset. &nbsp;Specifically it should:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Keep data on all tools available at various sites with their duty cycles for preventive maintenance.<\/li><li>Maintain record and generate reports on maintenance activity preformed on a specific tool.<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Record Raw Material Shelf Life <\/strong><\/h4>\n\n\n\n<p>The IoT manufacturing system should:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Automatically calculate raw material and work in process exposure time and date of expiration.<\/li><li>Maintain assets\u2019 shelf life and generate automated screen notifications, alerts, emails, or SMS.<\/li><\/ul>\n\n\n\n<p>Interested in learning more about the details of other Functional and System Requirements of a Manufacturing IoT system? You&nbsp;can download&nbsp;<a href=\"https:\/\/flevy.com\/browse\/flevypro\/manufacturing-internet-of-things-iot-implementation-5249\">an editable PowerPoint on Manufacturing: Internet of Things Implementation here&nbsp;<\/a>on the&nbsp;<a href=\"https:\/\/flevy.com\/browse\">Flevy documents marketplace<\/a>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Are you a Management Consultant?<\/strong><\/h3>\n\n\n\n<p>You can download this and hundreds of other&nbsp;<a href=\"http:\/\/flevy.com\/pro\/library\/frameworks\">consulting frameworks<\/a>&nbsp;and&nbsp;<a href=\"http:\/\/flevy.com\/pro\/library\/consulting\">consulting training guides<\/a>&nbsp;from the&nbsp;<a href=\"http:\/\/flevy.com\/pro\/library\">FlevyPro library<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Manufacturing today entails immediate yet informed decision making.&nbsp; However, with increasing levels of sophistication and production, senior leadership often has limited time to make optimum decisions pertaining to the number of unanticipated issues surfacing from time to time.&nbsp; These issues\u2014if not managed properly and timely\u2014can lead to defects and wastes. Top global enterprises are utilizing [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":962,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[666,667,628,669,668,672,673,670,674,671],"class_list":["post-961","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-asset-management","tag-asset-tracking","tag-automation","tag-internet-of-things","tag-iot","tag-iot-platform","tag-manufacturing-software","tag-manufacturing-systems","tag-materials-requirement-planning","tag-rfid"],"_links":{"self":[{"href":"http:\/\/themanwhosoldtheweb.com\/blog\/wp-json\/wp\/v2\/posts\/961","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/themanwhosoldtheweb.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/themanwhosoldtheweb.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/themanwhosoldtheweb.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"http:\/\/themanwhosoldtheweb.com\/blog\/wp-json\/wp\/v2\/comments?post=961"}],"version-history":[{"count":1,"href":"http:\/\/themanwhosoldtheweb.com\/blog\/wp-json\/wp\/v2\/posts\/961\/revisions"}],"predecessor-version":[{"id":963,"href":"http:\/\/themanwhosoldtheweb.com\/blog\/wp-json\/wp\/v2\/posts\/961\/revisions\/963"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/themanwhosoldtheweb.com\/blog\/wp-json\/wp\/v2\/media\/962"}],"wp:attachment":[{"href":"http:\/\/themanwhosoldtheweb.com\/blog\/wp-json\/wp\/v2\/media?parent=961"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/themanwhosoldtheweb.com\/blog\/wp-json\/wp\/v2\/categories?post=961"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/themanwhosoldtheweb.com\/blog\/wp-json\/wp\/v2\/tags?post=961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}