How to Employ Internet of Things (IoT) System to Fast-track Decision-Making in the Manufacturing Sector?

Manufacturing today entails immediate yet informed decision making. 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. These issues — if not managed properly and timely — can lead to defects and wastes.

Top global enterprises are utilizing innovation and creative ways to enable prompt decision making. Specifically, they are using Internet of Things (IoT) to effectively handle critical aspects of manufacturing. Successful implementation of a Manufacturing IoT system facilitates in automating key tasks, decisions and processes; curtailing scrap and rework; and enhancing productivity.

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. To work around these limitations, manufacturers can engage 3rd party consultants having proven expertise in end-to-end successful IoT, Asset Tracking, and manufacturing systems deployment.

Implementing a Manufacturing IoT System leverages immense benefits, including:

  • Enhancing the ROI of other programs under way.

However, harnessing IoT necessitates careful deliberation and planning. The core requirements to effectively implement a Manufacturing IoT system can be segregated into 2 broad categories:

  1. Functional Requirements

Functional Requirements

Functional Requirements (FR) describe the system or its components. FR provide a description of services that the Manufacturing IoT system must offer. FR for Manufacturing IoT may include:

  • Control Assets and Administer Asset Properties

System Requirements

All systems require availability of certain software resources, functionalities, or other hardware components. These prerequisites have to be met in the design of a system. Typical System Requirements for manufacturing IoT may include:

  • User Authorization

Let’s delve deeper into some of the Functional Requirements for now.

Control Assets and Administer Asset Properties

The system should be able to manage multiple assets and add new assets. It should be capable of:

  • Creating asset properties, e.g., name, ID and shipment date.

Trace Assets Movement

The IoT system should be able to:

  • Follow assets location from one site to another during the manufacturing process.

Setup Locations

The system should maintain:

  • Asset data from multiple sites (locations).

Maintain Equipment Duty Cycles for Maintenance

The IoT manufacturing system should record all maintenance needs and maintenance activity performed on an asset. Specifically it should:

  • Keep data on all tools available at various sites with their duty cycles for preventive maintenance.

Record Raw Material Shelf Life

The IoT manufacturing system should:

  • Automatically calculate raw material and work in process exposure time and date of expiration.

Interested in learning more about the details of other Functional and System Requirements of a Manufacturing IoT system? You can download an editable PowerPoint on Manufacturing: Internet of Things Implementation here on the Flevy documents marketplace.

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