What is Smart factory

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Smart Factory:

Smart factory defines the process to improve the automation and optimization with the help of machinery & equipment. Besides, it also describes the supply chain logistics, planning as well as the product evolvement at the same time. Thus the area of the smart factory is beyond physical production.

There are various terms like information, production, and communication included in the smart factory that greatly shows the potential of the whole supply chain.

A smart factory is thoroughly digitalized that mostly focuses on smart manufacturing with the connected devices during the production process in the company. Thus the idea of a smart factory is deemed as one of the most vital terms of the manufacturing cycle.

This is also called the factory of the future that connects the whole system of the company through connected devices all the time. The smart factory is a boon for many manufacturing companies that is the combination of Artificial Intelligence (AI), Internet of Things (IoT), Big Data and analytics.

The smart factory has the capability of self-correction that ensures the accurate work done by the company all round the clock.

It is mostly known for its autonomy, connectivity, & distinctness and also relies drastically on automation at the same time. Thus it can be said that smart factories are operated without much interruption of the human.

With the implementation of contemporary technologies, the smart factory can easily detect any problems in the least or real-time that makes smart factories more flexible than other conventional factories in the past.

See also: Smart Supply chain Management using IoT

 

Methods in Smart Factories:

Smart factories excessively use the IoT sensors and with the mutual connection of the devices make it able to visible for all. Thus it creates an Industrial Internet of Things formation (IIoT) for the business.

Smart factory with Intelligence
Smart factory with Intelligence

Image credit: Pixabay

The analytics used in the smart factory is complicated but with the assistance of Artificial Intelligence (AI) and Machine Learning (MI), most of the customary tasks have been managed efficiently. Companies can do higher-level settlements while the robot works just adjacent to the human that also makes able companies in doing the daily work.

Although, smart factory depends on smart manufacturing so the whole plant is connected to every existing component of the company with digital supply system. Thus they rely on the digital manufacturing processes and manufacturing machines are also used to collect orders of shipments. Besides, the progress of the report, instructions of the work with characteristics of the products is also possible.

In the manufacturing plant of the smart factory, employees can also get all the vital data like inventory, status, instructions, demand shifts, and plans. Hence, the whole department of the company is connected to thorough business, suppliers, and customers as well. Thus with the help of these, all needs and activities can be monitored and managed together that boost the agility and efficiency of the system.

See alsoHow is IoT optimizing Costs for Industrial Sectors?

 

Benefits of Smart Factory:

The smart factory is known for its sensors, machines and linking devices that provide data to the company and helps in making real-time decisions. With the assistance of an optimized quality process, a huge improvement is also possible in the products.

Due to the sensors and linking devices, smart factories are able to take the correct decision on their own and they can also predict the quality of the product to provide the instant information of the defective product in no time.

Smart factory logistics

Image credit: Pixabay

  • In smart factories, the comprehensive supply of the data gives the understanding to supply chain stakeholders for associates as well as enterprises.
  • An expedition is also on the top that can detect issues in real-time. Internet of things technologies can monitor and manage the industrial operations with the great supply chain visibility.
  • Logistics of the smart factory systems are created for various manufacturing processes for great production results. It has the capability of handling multiple operational tasks with exceptional flexibility.
  • The advanced sensors of the smart factory are capable of identifying all the manufacturing needs during the production that ensures the best supply chain with dexterity.

Besides, some great benefits, many challenges have also been encountered in the smart factories operation like for a great connected manufacturing process needs a huge sum of data from diverse parts of various shareholders in multiple forms.

See alsoHow is IoT optimizing Costs for Industrial Sectors?

 

Conclusions:

Although, the internet of things (IoT) is playing a vital role in the shipping and logistics’ industry and it has changed the manufacturing process thoroughly. Thus plants or factories have been transformed into smart factories with embedded sensors, IoT and Artificial Intelligence (AI). They have boosted the revenue for many manufacturing companies at the same time. So these smart devices should be implemented in the factories to make them smart and convenient as well.

See also: Industry 4.0 -Industry with the Fourth Industrial Revolution

 

I hope you got a better understanding of What is Smart factory? please share your comment below.

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Featured Image credit: Pixabay

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