Forecasting Holy Grail

by   |    |   5 minutes  |  in Business Technology, Digital Transformation, Manufacturing, Process Manufacturing, Transform Your Business

Accurate forecasts are the panacea for food manufacturers, Is artificial intelligence getting us close to a solution, are we near to finding the forecasting Holy Grail? I was at a director’s dinner recently, discussing the use of AI in today’s food manufacturing companies, when I suggested that artificial intelligence would provide the ultimate solution to…

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cobot

by   |    |   5 minutes  |  in Process Manufacturing, Transform Your Business

The process industry has spent billions of dollars on robots and robotic automation, but are these monoliths flexible enough for today’s manufacturing requirements, will they eventually take our jobs and will the human-less factory really become a reality? its not new now its just different Robot and human workforces are not new: Robots The earliest…

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Process Industry Predictions

by   |    |   7 minutes  |  in Process Manufacturing, Transform Your Business

Near Field Communication and e-Labels will drive a new revolution in product information. The war on plastics will escalate to unprecedented levels. Retailers will demand that manufacturers join more sustainability schemes: 2019’s biggest industry trends will all be about manufacturers proving their authenticity, transparency and sustainability. And if it all sounds a bit heavy, don’t…

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3392_50041

by   |    |   4 minutes  |  in Business Technology, Creativity & Innovation, Process Manufacturing, Transform Your Business

For many years the world has seen organizations founded to drive progress in environmental sustainability. The list is long, and increasing with new schemes and governance organizations being announced almost daily there are even organizations for ‘eco friendly concrete’ and ‘the sustainable phosphorous alliance!’ What was once a fad that many companies paid lip service…

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by   |    |   5 minutes  |  in Creativity & Innovation, Digital Transformation, Manufacturing, Process Manufacturing

Over the years there have been many paradigms that claim to optimize production and save the world—bottleneck, forward and backward, finite and infinite scheduling models, DDMRP, Kanban—and almost all failed in some way to deliver manufacturing nirvana. One such stratagem was the Theory of Constraints (TOC). But could a fresh approach to TOC, combined with…

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by   |    |   4 minutes  |  in Business Technology, Digital Transformation, Manufacturing, Process Manufacturing, Transform Your Business

Artificial intelligence (AI). Internet of Things (IoT). Augmented reality (AR). These are the technologies companies in the industries IFS serves want to implement because they can transform their businesses. These two- and three-letter acronyms (TLAs) are what most of us think about when someone utters the words ‘digital transformation’. While AI, IoT and AR are…

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Plastic: from hero to zero?

by   |    |   4 minutes  |  in Creativity & Innovation, Process Manufacturing

Are we seeing the end of ‘single-use’ plastics? Process manufacturing companies need to review their business strategies now. What started as an eco-issue has rightly gathered pace and manufacturers need to rethink their product strategy, the way they manufacture and the way they package their products as the pressure on providing alternative solutions has already…

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ERP 2028: The demise of the production planner?

by   |    |   5 minutes  |  in Business Technology, Creativity & Innovation, Process Manufacturing

Imagine going forward in time 10 years. How will the technologies evolving today change the way we work? What will enterprise resource planning (ERP) in 2028 look like? Production planning for most process manufacturing companies has always been one of the most difficult problems for ERP solutions to solve. There has been much effort over…

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