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 the supply chain, so these incidents require immediate replanning of the production process.
The importance of real-time data
In recent years, different technological disciplines have marked a before and after in the manufacturing industry, constituting what we know today as Industry 4.0.
The millions of connected devices such as sensors, instruments or autonomous devices that make up the IoT (Internet of Things) have made real-time data available, Big Data has enabled the management and interpretation of this massive data, and Advanced Analytics and Artificial Intelligence techniques have managed to extract value from it.
For example, thanks to IoT, plants can have real-time data on equipment performance and analyse it in a matter of minutes to predict when a part is going to fail before it does. This is what we call predictive maintenance, and it allows us to plan maintenance without incurring costs for breakdowns and downtime, which is a tremendous competitive advantage.
Therefore, real-time data is a great advantage for manufacturing companies to respond more quickly to day-to-day incidents and changes in the market and demand.
Real-time replanning: the true power of production management tools
All manufacturing companies have some kind of software tool to help them plan and manage production processes. But the reality is that few have scheduling optimisation engines, and even fewer have the ability to re-plan and re-optimise those schedules in real-time.
Replanning the production process in real-time makes it possible to minimise the negative effects of events such as those mentioned above (incidents, equipment breakdowns, last-minute orders, out-of-stock raw materials, etc.) and to act quickly in the best possible way.
Doing so automatically and comprehensively allows us to consider all possible consequences and create a plan that minimises inefficiencies.
At decide4AI we have been helping companies along the supply chain to make better decisions and optimise their processes through software solutions tailored to their specific needs for more than 14 years.
- Are you looking to incorporate a new production management tool with real-time optimisation and replanning capabilities? We have the technological capabilities and the necessary expertise to do so.
- Do you want to continue with your current tool, but be able to add specific capabilities that it lacks? We can also help you implement more intelligence into your production management systems.
Contact us if you want to know more about these types of capabilities and the benefits they can bring to the daily operations of production plants. You can also follow us on social networks (Linkedin, Twitter, Youtube) so you don’t miss anything and keep up to date with future events or actions.