This article is part of “Industrial Revolution 4.0: AI and Analytics in Action” a series of articles on how Artificial Intelligence and Advanced Analytics are transforming the manufacturing sector beyond the Industry 4.0 paradigm. Don’t miss our next webinar “Efficiency and Sustainability: Advanced Supply Chain Solutions“, dedicated to exploring the forefront of supply chain management,…
This article is part of “Industrial Revolution 4.0: AI and Analytics in Action” a series of articles on how Artificial Intelligence and Advanced Analytics are transforming the manufacturing sector beyond the Industry 4.0 paradigm. Don’t miss our next webinar “Efficiency and Sustainability: Advanced Supply Chain Solutions“, dedicated to exploring the forefront of supply chain management,…
This article is part of “Industrial Revolution 4.0: AI and Analytics in Action” a series of articles on how Artificial Intelligence and Advanced Analytics are transforming the manufacturing sector beyond the Industry 4.0 paradigm. Don’t miss our next webinar “Efficiency and Sustainability: Advanced Supply Chain Solutions“, dedicated to exploring the forefront of supply chain management,…
According to the latest reports, 40% of the CO2 we emit worldwide is produced during energy generation and heat production, 20% comes from transport activities (goods and people), and another 20% from industry, mainly from the manufacture of building materials. This means that 80% of the pollutant gases emitted into the atmosphere are caused by…
This article discusses the importance of real-time replanning of production processes in the face of day-to-day incidents. In the day-to-day operations of a production plant, unexpected events can cause disruptions to schedules, such as last-minute orders, out-of-stock raw materials, equipment failures, etc. A small mismatch in planning can cause production or capacity problems further down…
As you already know, hyper-automation, digital process automation or intelligent process automation, is the discipline that combines different technologies with optimisation, prediction and automation capabilities based on AI, to facilitate the digitisation of business processes seeking maximum efficiency and profitability. Its technological ecosystem is formed by technologies that cover: end-to-end process orchestration through BPM (Business…
In recent years you may have heard the term “Digital Twins”. This concept was born in 2002 by Dr Michael Grieves as part of his research programme at the University of Michigan, where he wanted to recreate highly detailed models of complex real-world objects and processes in virtual environments. However, it is only now that…
Demand forecasting systems are a very helpful tool for advanced process planning and for combating uncertainty in coverage forecasting. But what do we mean when we talk about uncertainty? Uncertainty is present in each and every business. It is the impossibility of knowing with certainty how a situation, a project or a business strategy will…
In this article, we will tell you about the 5 key functions or capabilities that an advanced planning and scheduling tool should have. To be agile in decision making and process management, we first need flexible, intelligent, and connected planning and scheduling tools. This means that they must be able to adapt to any company…
As we have seen in previous articles on this site, optimizing operations and processes along the supply chain enables companies to reduce costs and risks and improve efficiency and profitability. As in any chain, what happens in the first steps will affect what happens later on. Plans and decisions made at the production stage affect…