• Advanced Manufacturing

5 mistakes to avoid in the digital transformation of your plant

  • Advanced Manufacturing
Whatever the size of your factory, it’s time for all organizations to embark on the journey towards digital transformation in an aim to get the most out of the plant by applying the different solutions offered by Industry 4.0 (Artificial intelligence (AI), Machine learning (ML), Big data, Cloud, Data Analytics, Internet of Things (IoT) or Digital Twin) throughout the whole production chain.

Smart pricing

  • Advanced Manufacturing
It is generally quite difficult to know exactly how much each process contributes to a product’s value chain. The sheet metal world is not immune to the difficulty of estimating the right price for the product. There is an infinite number of processes that add value to a product: material used, scrap generated, cutting time, consumables used, labor associated with production, miscellaneous indirect costs, etc.

Advantages of becoming a Factory 4.0

  • Digital Transformation
No fewer than 90% of companies lack a digital strategy. According to a report by the renowned German strategic consulting firm, Roland Berger. Today however, these barriers can and should be saved, especially now that the fourth industrial revolution is here. It is unstoppable and there is no turning back. If you resist change you will be out of the market.