• 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.

Artificial Intelligence, the symbiosis between human and machine

  • Advanced Manufacturing
Contrary to popular belief, Artificial Intelligence (AI) is not going to replace people, but should rather be seen as an ally, given that it’s more geared towards optimizing business processes, such as task automation processes. The most widespread AI is currently based on learning from questions and suggestions made to humans to deal with the challenges presented by the different processes. Full automation is only possible in very simple processes, generally with little added value.

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.