Smart business solutions in the factory of the future
A factory where production runs continuously, without downtime or losses; where detailed, analysable and visualisable data is available on every activity at every moment; where every person and machine is performing exactly the right workflow. There are no unnecessary material movements, no stock-outs, no unused or uncontrollable items. Everything works with perfect precision – like a clockwork. This is the factory of the future, and the key to it lies in digitalisation and business intelligence (BI) solutions that help you process, evaluate and report business data.
The factory of the future is smart
Digital manufacturing systems link every stage of production, from warehousing and logistics to financial reporting in the ERP system. Big Data solutions process the large amounts of data generated during production: they continuously analyse the incoming information, draw conclusions and feed it back to the people in charge of production and quality assurance.
This can make production even more cost-effective, faster and error-free. The system also helps to draw hidden connections and conclusions that can be used to further enhance quantity or quality. The analysis can help you to identify the reasons behind sudden failures or even quality problems – and even predict potential problems.
Real-time analysis
The production process and the supply chain can be visualised thanks to a real-time work analysis system that manages and monitors the flow of materials. This means that production as a whole and in detail can be viewed and analysed at any time: you can request easy-to-understand data on the location and status of stocks, the status of machines and products, the staff working on them, or breakdowns. The system provides up-to-date inventory tracking and analysis both within the factory and across the supply chain – so not only inventory data, but also inventory movements can be monitored and tracked in real time. This is done by one- or two-dimensional barcodes or RFID, or radio frequency identification, while data visualisation is done by enterprise resource planning (ERP), supply chain management (SCM) or production scheduling (AP) systems.
Industry 4.0
The factory of the future is part of Industry 4.0: the term refers to the fourth industrial revolution, characterised by Artificial Intelligence (AI) and machine learning. In this cyber-physical system, the entire supply chain is part of a single system, which is connected both vertically, along the material flow, and horizontally, along the functions. In this integrated system of software and physical units, different machines communicate with each other and all production processes can be analysed, monitored, improved and optimised – not only within the factory, but also between different factories.
But the factory of the future is not wasteful – it’s green, sustainable, frugal and efficient. Energy monitoring is ensured by the integrated digital system: it allows us to make our production as green as possible, optimising costs and consumption, based on the lessons learned from analyses and reports. This is required not only by the increasingly important green transition, but also by the continuous rise and unpredictability of energy prices. Business intelligence makes it possible to track the energy cost per product manufactured and react to global energy prices in real time. Depending on the energy prices, the decision to start or stop a machine becomes easier and programmable. Thanks to the above, quick and informed decisions can be made that improve operations and save time, money and resources.
Our customised solutions have already helped many of our partners’ IT developments thanks to Grepton’s expertise. Contact us to find solutions to your problems.
Hungary’s largest satellite, WREN!
On the night of August 16, 2024, Hungary’s largest satellite, WREN (Water Resources in Efficient Networks), was launched from California’s Vandenberg Space Force Base on a SpaceX Falcon-9 rocket. This latest 6U (20 cm × 10 cm × 34.05 cm) nanosatellite by C3S Ltd., a member of the Grepton Group, was developed in collaboration with consortium members, including COMBIT IT Co., Óbuda University, and Széchenyi István University. After reaching its orbit, it will regularly transmit remote-sensed data from Hungary’s territory.
Where exactly am I in the use of my data? From descriptive analytics to prescriptive analytics
Today, manufacturers are increasingly expected to offer a high degree of flexibility. Although Just-in-Time was largely pushed into the background during the covid era, it has been on the rise again in recent months. Nevertheless, the concept of mass customization or agile manufacturing is emerging in industries such as automotive and electronics. These are all new challenges for the decision-makers of manufacturing companies, who have to respond not only to ever-changing external conditions but also to changing customer and vendor needs – in significantly shorter timeframes than before.
BI implementation in companies
In every company there is a need for some way to support decision-making by analysing data from or available to the company. These needs arise not only at senior management level, where operational and strategic decisions need to be made, but also at the departmental level, where planning, feedback and departmental decisions are needed. These may be regular needs, to be provided in the form of some kind of report or data, but more often ad-hoc needs to serve day-to-day work.
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