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/

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/

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/

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/