How to Take a Risk-Free Approach to Factory Modernization – Andy Graham, Solutions Architect, SolutionsPT @SolutionsPT #Engineering #Modernisation #Factory

Factory modernization, also known as factory automation or industrial automation, is a critical process that offers opportunities to increase operational efficiency while improving product quality. The use of automation in manufacturing has many benefits for factories and their employees.

A risk-free approach to modernization requires a clear understanding of what is required at the start of a project.

What is factory modernization?
Factory modernization is the process of applying technology to factories to improve efficiency and speed. Simply put, modernization is the implementation of robotics or the replacement of humans in certain areas of a production line or industrial site.

In most cases, it is best to choose to implement the technology before modernization occurs. This minimizes the risks and challenges at the start and allows you to move through the process without hesitation.

It is also essential to consider industry needs and supply chains when designing an implementation plan. Instead of waiting until the situation reaches crisis point, we need to start thinking about modernizing our factories as soon as we notice the first signs of a production problem.

Digital Transformation: How Factory Modernization Will Change Manufacturing
Investments in digital transformation were expected to exceed $7.1 trillion over the next few years and were growing exponentially, Current economic instability, coupled with the commercial realities of a “rip and replace” approach to dealing with aging infrastructure, require new thinking within the industry sector.

Especially considering the impact of the pandemic on segments such as manufacturing, and the significant impact on supply chains around the world.

As the importance of this sector continues to gain prominence, manufacturers are rapidly cross-skilling and upskilling their workforces and adopting modernization strategies to better meet future demands.

Their timeliness and agility in successfully adapting operations and business processes, while empowering and redeploying their teams, do not surprisingly affect their continued survival.

Before the pandemic, the Smart Manufacturing Institute Despite 75% of companies wanting to adopt Industry 4.0-related initiatives, 10% of companies had long-term modernization plans to leverage digital technologies and smart manufacturing.

And, as demand begins to skyrocket, we turn a positive lens on the future. “Those who think bigger and start putting together a long-term modernization strategy, including how they’re launching, will be ahead of the pack.”

Traditional rationales for industrial modernization projects such as mitigating cybersecurity risks, adhering to evolving compliance measures, adapting to changing workforce demographics, seamlessly accessing new smart factory solutions, technologies and software upgrades. is still very effective.

However, the ability of companies to quickly and easily access the tools and technologies they need without traditional barriers to adoption will be critical in their ability to manage supply chain fluctuations in the short term and respond to recovery in demand. It is proved. .

The ability to deploy a flexible, incremental approach to factory modernization and overlay the latest technology onto existing systems without delay will help companies reallocate cash flow, realign operations and, most importantly, As such, it is more important than ever to help support our employees through the current situation. Ensure climate, long-term viability, success and sustainability.

Factory modernization challenges
For many companies, increasing efficiency requires investments in technology and automation equipment. However, it is a wise idea to conduct a risk-free assessment to determine if the benefits outweigh the risks.

A risk-free assessment is a systematic approach to assessing the factors that influence the benefits of a modernization project.

How to succeed in factory modernization
With the right level of expertise and a well-executed plan, you can successfully complete a factory modernization project in an efficient and effective manner. Some of the more important steps you can take are:

  • Develop a strategy involving customer and supplier teams. This ensures that the latest technology implementations are compatible with existing factory processes.
  • Identify available technology options. It’s important to take early steps to define your requirements and consider alternatives.
  • Determine a set of achievable, realistic and achievable benefits.

Take the first step towards modernization success Free system evaluation from SolutionsPT.

https://engineering-update.co.uk/2022/08/03/how-to-take-a-risk-free-approach-to-factory-modernisation-by-andy-graham-solutions-architect-solutionspt-solutionspt-engineering-modernisation-factory/ How to Take a Risk-Free Approach to Factory Modernization – Andy Graham, Solutions Architect, SolutionsPT @SolutionsPT #Engineering #Modernisation #Factory

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