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The Advantages and Trends in Asset Management with IoT - Inteliiot
Asset management is critical for manufacturing companies looking to gain a competitive edge. As a result, adopting IoT-based innovations for asset management has become increasingly popular. It helps improve overall equipment effectiveness (OEE) by monitoring availability, performance, and quality.
Poor asset management and production can cause delays in the supply chain and hinder successful business operations. However, IoT-powered asset tracking offers effective and efficient management, ultimately enhancing operational efficiency and facilitating the development of business models for tracking asset performance throughout its life cycle.
What advantages does IoT-based asset management offer?
IoT-based asset management allows companies to streamline operations and increase profits. Here are some benefits of using IoT-powered asset management:
Real-time visibility: IoT-based asset management offers real-time visibility into the location, health, and performance of assets, optimizing operations, reducing downtime, and increasing productivity. Read more....
Source Link:- https://www.inteliiot.com/blogs/the-advantages-and-trends-in-asset-management-with-iot/
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Condition Monitoring System - Inteliiot
A cold chain is a supply chain network created for temperature-sensitive products, including food, dairy, and pharmaceutical goods. To manage and monitor the Cold Chain, we require a combination of new-gen technology and business processes across the storage and transportation of these products. For more information, visit https://www.inteliiot.com/cold-chain-monitoring.php
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IOT in Press and Stamping processes - Inteliiot
Press and stamping processes are manufacturing processes used to shape and form metal sheets or parts using a press or stamping machine. In these processes, a metal sheet or coil is fed into the machine, and a die (or set of dies) is used to shape or cut the metal into the desired shape or form.
The press or stamping machine applies force to the metal, which causes it to deform and take the shape of the die. The dies are typically made of hardened steel and can be customized to produce a wide variety of shapes and forms.
There are several types of press and stamping processes, including:
Blanking: A process where a flat piece of metal is cut into a specific shape, such as a circle or rectangle.
Punching: A process where a hole or other shape is punched out of a metal sheet or part.
Drawing: A process where a metal sheet or part is pulled through a die to create a cylindrical or other complex shape.
Forming: A process where a metal sheet or part is bent or shaped to create a specific form or profile. Read more....
Source Link:- https://www.inteliiot.com/blogs/iot-in-press-and-stamping-processes/
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Leveraging IOT for Business Intelligence in Manufacturing - Inteliiot
Business intelligence (BI) refers to the technologies, processes, and practices that organisations use to collect, integrate, analyse, and present data in order to make better-informed business decisions. BI helps organisations gain insights into their internal, and external trends, which can then be used to identify opportunities, optimise performance, and drive growth.
The goal of business intelligence is to provide decision-makers with the information and insights they need to make more informed and strategic decisions, ultimately leading to improved business performance and competitiveness.
Manufacturing Intelligence (MI) is a specific application of BI to the manufacturing industry. In other words, MI is a subset of BI that is focused on collecting and analysing data generated by manufacturing operations. BI encompasses a wide range of activities, including data mining, data warehousing, data analysis, reporting, and visualisation.
MI enables enterprises to gather and analyse real-time data from their operations, identify inefficiencies and opportunities for improvement, optimise production processes, and improve product quality. Read more....
Source link:- https://www.inteliiot.com/blogs/leveraging-iot-for-business-intelligence-in-manufacturing/
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How Businesses Leverage IoT For Asset Management - Inteliiot
The Internet of Things, also known as IoT, essentially links everyday objects, processes, and environments, to the internet.
Its uses are vast and diverse – it has revolutionized industries far and wide, from home automation to agriculture, from urban planning of smart cities to healthcare. Businesses worldwide also use IoT to digitalize industrial processes and make everyday objects smarter.
The technology also automates inventory management and gets rid of laborious manual tasks. It provides your business with many benefits, including optimizing daily tasks and planned maintenance, abolishing out-of-stock and overstock scenarios, and improving customer experiences. Read more...
Source Link:- https://www.inteliiot.com/blogs/how-businesses-leverage-iot-for-asset-management/
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Condition Monitoring Solution - Inteliiot
A Condition Monitoring solution is a supply chain network created for temperature-sensitive products. To manage real time Condition Monitoring System, Pharmaceutical Cold Chain Monitoring Iot Solution. Get in touch with Inteliiot. Visit https://www.inteliiot.com/cold-chain-tracking.php
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How Does Condition Monitoring Help in Maximizing Asset Utilization? - Inteliiot
Condition monitoring is the process of continuously checking on the health of an asset or system to find any early indications of deterioration or malfunction. It can assist in spotting potential issues before they become serious and lead to downtime or failure by routinely gathering and analyzing data on the condition of an asset.
Making the most of an asset’s capacity, lifespan, and availability, when needed, are all part of maximizing asset utilization.
Condition monitoring techniques are used on a variety of equipment, including rotating machinery, auxiliary systems, and parts such as compressors, pumps, motors, and presses.
Traditional condition monitoring was primarily based on vibration analysis, but more modern, inventive techniques use sensors to measure various parameters in real time and can send an alert when a change is detected.
Condition monitoring can be broken down into three main parts: Read more...
Source Link:- https://www.inteliiot.com/blogs/how-does-condition-monitoring-help-in-maximizing-asset-utilization/
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Digitization in Metal Forming Industry - Inteliiot
The Metal forming industry is a complex industry that involves the manufacturing of metal products using various forming techniques, such as forging, rolling, extrusion, and stamping. To monitor the productivity of assets in this industry, some key performance indicators (KPIs) that can be useful include:
Production efficiency: This KPI measures the efficiency of the production process in terms of output per unit of time. It can be calculated by dividing the total output by the total hours worked.
Downtime: This KPI measures the amount of time that production equipment is unavailable due to breakdowns, maintenance, or other issues. Reducing downtime can improve productivity and profitability.
Cycle time: This KPI measures the time it takes for a product to go through the entire manufacturing process, from raw materials to finished product. Shorter cycle times can increase production capacity and efficiency.
Scrap rate: This KPI measures the amount of waste or defective products produced during the manufacturing process. Reducing scrap rates can increase profitability and efficiency. Read more....
Source Link:- https://www.inteliiot.com/blogs/digitization-in-metal-forming-industry/
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How Digitization helps Enterprises in Discrete Manufacturing — Inteliiot
Condition monitoring is the process of continuously checking on the health of an asset or system to find any early indications of deterioration or malfunction. It can assist in spotting potential issues before they become serious and lead to downtime or failure by routinely gathering and analyzing data on the condition of an asset.
Making the most of an asset’s capacity, lifespan, and availability, when needed, are all part of maximizing asset utilization.
Condition monitoring techniques are used on a variety of equipment, including rotating machinery, auxiliary systems, and parts such as compressors, pumps, motors, and presses.
Traditional condition monitoring was primarily based on vibration analysis, but more modern, inventive techniques use sensors to measure various parameters in real time and can send an alert when a change is detected.
Condition monitoring can be broken down into three main parts: Read more....
Source Link:- https://www.inteliiot.com/blogs/how-digitization-helps-enterprises-in-discrete-manufacturing/
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5 Ways IoT Can Transform the Supply Chain Management - Inteliiot
The Internet of Things (IoT) is a path-breaking innovation. It has transformed a variety of sectors with its versatile applications: from retail to transportation, banking to healthcare, and every industry in between. One particular space where IoT can truly shine is the supply chain.
But what precisely is the internet of things, and how is it changing supply chains and industry today?
Everything connects thanks to IoT. From the perspective of the consumer, that might entail smart freezers that indicate when to restock or a water bottle that tracks the user’s rate of hydration. But the IoT holds even more promise for business, offering a way to connect vital elements of the organization, such as assets, people, and data, and “putting all that information into one place.
Precise decision making on the basis of information derived from the vast data arriving from smart gadgets is a major concern for users. Users must make use of recent developments in machine learning and artificial intelligence for it to happen. Read more....
Source Link:- https://www.inteliiot.com/blogs/5-ways-iot-can-transform-the-supply-chain-management/
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Cold Chain Monitoring Solution - Inteliiot
A cold chain is a supply chain network created for temperature-sensitive products. To manage cold chain tracking and monitoring, pharmaceutical cold chain monitoring, cold chain logistics monitoring. We require a combination of new-gen technology and business processes across the storage and transportation of these products.
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How Manufacturing Visibility Can Empower Your Supply Chain
The ability of the industrial internet of things (IIoT) to continuously optimize and improve processes will become more and more important in the factory and supply chain environments.
Adopting new technology can offer useful information and insights that can be used to seamlessly connect demand with the manufacturing process, increasing visibility for stakeholders.
Different businesses would probably have different visibility requirements. All businesses, however, must first decide their goals and level of commitment to facilitating information exchanges with key stakeholders.
These two elements increase the scope of visibility, which directly affects their advantages.
What is manufacturing visibility?
Manufacturing visibility is the ability to view important information anywhere in a facility or supply chain. Read more....
Source Link:- https://www.inteliiot.com/blogs/how-manufacturing-visibility-can-empower-your-supply-chain/
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Why Choosing the Right IoT Development Framework is Critical For Your Project - Inteliiot
It’s a fact: the Internet of Things (IoT) is immensely helpful across industries. Its value is clear and adoptions are skyrocketing.
But even now, utilizing IoT to its fullest potential is difficult, as the technology is still relatively nascent and the path to take is not yet outlined in a way that it is easy for businesses to relate to and use.
This is where frameworks come in.
Frameworks support business owners, making it easier to make decisions between fewer options because you know the results will work.
But what is an IoT development framework?
An IoT development framework is a set of tools and technologies that provide a structure for building, deploying, and managing internet of things (IoT) applications and devices. Read more...
Source Link:- https://www.inteliiot.com/blogs/why-choosing-the-right-iot-development-framework-is-critical-for-your-project/
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Energy Monitoring With the Senskon Stack - Inteliiot
Energy management and monitoring have improved over time as IoT has developed, becoming intelligent and quite effective. The Internet of Things (IoT) has proved to be a promising platform for smart energy management and electricity consumption monitoring. IoT is undoubtedly a technology worth investigating and learning about, with a variety of use cases and superior accuracy in monitoring electricity consumption.
Planning and management of power consumption patterns in various contexts, such as residential and industrial, are included in IoT energy monitoring systems. The Internet of Things (IoT) Energy Monitoring system is made to track and manage energy consumption, enhance capacity utilization, boost business productivity, reduce maintenance and labor requirements, and enhance the dependability of energy equipment.
We at BCI have helped several of our clients with their energy monitoring requirements with our Senskon-powered energy monitoring solution. Read more.....
Source Link:- https://www.inteliiot.com/blogs/energy-monitoring-with-the-senskon-stack/
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Can Tracking Returnable Transport Items Fix Your Business Problems?
Returnable transport items (RTIs) are increasingly becoming more popular among businesses exploring opportunities to improve sustainability, increase efficiency, and optimize costs. RTIs are used in all industries that rely on supply chains for moving inventory from one location to the other.
Some popular RTIs include bins, kegs, totes and boxes, drums and pallets.
Typically, IoT (Internet of Things) is used to track and monitor the movement and use of these items. RTIs equipped with IoT sensors and connectivity can transmit data about their location, condition, and usage to a central system. This data can be used by logistics companies to optimize their transportation routes and schedules and to identify any issues with the RTIs that may need maintenance or repair.
IoT technology can also be used to automate certain processes related to the use of RTIs. For instance, sensors can be used to trigger automated alerts when an RTI needs to be returned to its starting location, or when it needs to be cleaned or repaired. This can help improve efficiency and reduce the risk of errors in the transportation process.
Benefits of tracking RTIs
Businesses that opt for RTIs can realize a range of benefits, including cost savings, improved sustainability, enhanced supply chain efficiency, and improved product protection. Some of the main benefits of utilizing RTIs are elucidated below: Read more.....
Source Link:- https://www.inteliiot.com/blogs/can-tracking-returnable-transport-items-fix-your-business-problems/
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How Critical are Sensors to the IoT Ecosystem?
Over the past few years, the Internet of Things (IoT) has dramatically impacted businesses across sectors. For those unfamiliar with how the technology works, what enables devices to make intelligent business decisions are the sensors.
Sensors provide actionable insights in real-time, which allows organizations to react to changes driven by external and internal factors.
What are IoT sensors?
IoT sensors are hardware components that detect changes in an environment, collect data, and share it with a network. Essentially, they collect information from the physical world and convert it into digital signals for processing. IoT sensors detect parameters such as temperature, pressure, and motion.
They are a critical part of the IoT ecosystem. The IoT deployment dictates which sensor is to be used, and the choice of sensor dictates other hardware and software choices. Read more......
Source Link:- https://www.inteliiot.com/blogs/how-critical-are-sensors-to-the-iot-ecosystem/
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