Digital Factory: digitization of the supply chains

In this Industry 4.0 era, the new integral production strategies adopted thanks to the implementation of artificial intelligence and machine learning cloud solutions; at the plant, in terms of the sensorization of machines and processes and the Internet of Things (IoT); and in products, in terms of 3D modeling and simulation systems (Digital Twins, Augmented and Virtual Reality) allow total management of the product life cycle in the digital supply chain.

Smart pricing

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.

How to lead manufacturers through the Digital Transition

Many manufacturers are struggling to transition their companies to Industry 4.0. The new era of manufacturing is focused on technology and data. This requires wholesale changes in the employees’ skill sets and processes.