FreePoint Founder and Chair, Paul Hogendoorn has featured in Manufacturing Automation Magazine’s October issue with his article titled “Hitting the Trifecta”. In his article, Paul outlines a simple three-step approach that will enable manufacturers to take full advantage of IIoT and industry 4.0 technologies:
- Establish Empirical Baseline Metrics
- Engage Your People in the Process of Improvement
- Connect Your Data to Your People in Real-Time
By properly implementing these steps, manufacturers can typically expect to see anywhere from 45-79% increases in capacity and/or productivity. With such a significant opportunity for ROI, Paul strongly encourages manufacturers to not only leverage new and emerging technologies on the shop floor, but to engage with their operators – making them part of the continuous improvement process.
Throughout his article, Paul stresses the importance of the order in which these steps are performed – likening the approach to horse-racing wagers:
“If you had the knowledge of which horses to bet on and which order to bet on them, would you?”
Manufacturers can do more to ensure their success by taking a systematic approach to industry 4.0 and digitization in their shop. By focusing on just one of the three points Paul discusses in his article, manufacturers may limit the success of their digitization efforts. But by properly combining people and technology, manufacturers will be much better positioned to take full advantage of their industry 4.0 technologies.
Don’t struggle to get the most out of your IIoT solution. Make sure you are leveraging both your people and your technology in order to ensure the highest levels of success in your organization.
Learn more about how you can hit the manufacturing trifecta by reading Paul’s full article here.