March 12, 2018 | The use of robots and AI isn’t new. For decades manufacturers across various industries have been keen on integrating technology to keep production costs low while improving quality of the product. So why all the buzz around AI now? One reason, customization.
Take a look at the apps installed and alerts set on your smart phone. Compare it to your spouse, friend co-worker. You have customized this device to make it uniquely yours: from news alerts and sport scores to social media feeds, games and music. Your phone represents what is timely to you right now. Already purchase your dream house, delete the house finding app. Interested in running a marathon? Download a training app. Consumers are getting used to customization and veering away from a one-size-fits-all mentality. Manufacturers need to keep up.
Smart factories will be able to cost-effectively reconfigure production lines to produce customized, boutique-like products. Eventually, manufacturers will be to take this a step further. Connecting Industrial IOT (Internet of Things) with consumer apps can help provide manufacturers with real-time demand for a product, and control production as well as the supply chain, not only reducing manufacturing waste but getting the product to consumers faster. The network for this is still developing, but on the horizon. Integration AI into manufacturing will allow factories to produce more of products that the consumer wants with less downtime, guess work and wasted inventory.
Consumer customization is only one aspect of why integrating AI into manufacturing makes sense. Once the automation systems, robots and sensors are connected and able to communicate, operators can analyze and improve production. They can schedule preventative maintenance before there is a breakdown, decreasing downtime while improving machine costs. Quality control will always be paramount with discussing the benefits of integration AI into manufacturing systems with production, safety and efficiency just a few of benefits.
Forbes has recently published an article title “10 Ways Machine Learning Is Revolutionizing Manufacturing In 2018” that is pretty insightful. Contributor Louis Columbus, addresses benefits of AI integration such as:
- “Asset Management, Supply Chain Management, and Inventory Management are the hottest areas of artificial intelligence, machine learning and IoT adoption in manufacturing today.”
- “Automating inventory optimization using machine learning has improved service levels by 16% while simultaneously increasing inventory turns by 25%.”
Make sure to check out Mr. Columbus’ article to learn more.
Join us in September for AI Manufacturing 2018 in Oak Brook, Illinois. Discover how manufactures are evolving their manufacturing operations today into the smart factories of tomorrow. The conference is designed for manufacturing CEOs, CTOs, plant managers interested in integrating/expanding Machine Learning, AI and IoT technology into their automation or manufacturing systems. Presentations and panel discussions will discuss return on investments, case studies, strategies for integration, technology and manufacturing trends. The conference will provide opportunities to network with AI and Machine Learning experts, as well as manufacturers who have already using Smart Manufacturing solutions.