Smart manufacturing technology
uses this information to improve the
production process to create higher
quality products.
How quality Industry 4.0 technology
supports manufacturing
Faster production time tables and
better scalability Minimising the risk of human injury
and the cost of liability claims
Industry 4.0 technology also significantly
improves the agility of manufacturing
processes. Organisations can reduce the
time it takes to deliver products by: Employee injuries in the manufacturing
industry are noticeably higher than most
other sectors. The cost of injuries can be
substantial because they consist of:
• Keeping production running 24
hours a day, seven days a week •
The risk of employee lawsuits
•
• Not needing to slow production to
compensate for employee sickness Having to pay higher UI premiums
due to past accidents
•
• Using technology that does not slow
due to human fatigue Paying steep fines for regulatory
violations after an accident triggers
a compliance audit
Industry 4.0 is already proving to be
much more efficient. This will lead to
faster product deliveries and better
customer satisfaction in industries with
high wait times.
•
•
Exceptional customer responsiveness
Companies using Industry 4.0 technology
can improve customer satisfaction by
producing goods more rapidly. However,
there are other reasons why it is
invaluable for companies trying to offer
better customer service.
Many customers need to refine their
specifications and service models over
time.
Manufacturers have difficulty meeting
their evolving expectations with older
technology.
Fortunately, smart data and automated
manufacturing technology improve
responsiveness.
Manufacturers can alter the software
they use to oversee production.
A few slight modifications can have a
profound impact on their manufacturing
models, which makes it much easier
for them to respond to new customer
requests.
14
•
Facing the costs of disruptions
in production due to reduced
manpower after one or more
employees are injured
Experiencing lower employee
morale if employees are concerned
about being injured along with their
colleagues
Needing to pay to replace or repair
damaged equipment caused by
human error
Automated manufacturing equipment
enables companies to depend on smart
technology to handle more dangerous
tasks. This drastically reduces the risk of
human injuries, which can have crippling
costs on their bottom line.
Better innovation
Most Industry 4.0 advocates emphasise
the scalability side of the equation.
However, the technology can be equally
beneficial when it comes to improving
the quality of production.
Manufacturers that use smart technology
depend on deep learning. Over time,
this technology develops a better
understanding of the products it
develops. Users can test the material
specifications and technological
properties of goods.
Manufacturing companies are more
dependent on smart technology than
ever before. They need to depend on
companies that produce high-quality
sensors, deep learning algorithms and
IoT devices to help them meet their
expectations,
Radwell International Ltd has helped
numerous clients improve their Industry
4.0 processes.
They supply a large range of
photoelectric sensors, pushbuttons,
timers, circuit breakers and other
electronic control devices. These smart
devices are integrated into the IoT, which
enables companies to streamline their
production capabilities.
Companies like Radwell International
understand that while smart technology
is highly beneficial to manufacturers, it
comes at a cost.
They offer solutions to reduce the price
point for their customers, including
offering surplus parts and used
components.
They also repair smart technology,
which is often more cost-effective than
replacing it.
These approaches are helping minimise
the costs of adopting Industry 4.0
technology, which is making it more
accessible to companies around the
world.
Visit www.info.radwell.co.uk/ace for
more information or call 01782 576811