Ever wondered how modern manufacturers stay competitive in our fast-paced, data-intensive world? Their key tool is real-time production monitoring, an innovative technique that enables businesses to collect and analyze manufacturing data on the fly, providing essential insights for prompt action and continual improvement.
Continue reading as we delve into the details of real-time production monitoring, exploring its benefits, best practices, and its transformative impact on the manufacturing industry.
What is real-time production monitoring?
Real-time production monitoring is about leveraging the power of technology to deliver continuously updated data about systems, processes, or events, providing information streaming at zero or near-zero latency.
Key features of real-time production monitoring include:
- Tracking machine performance,
- Production output,
- And key performance indicators (KPIs).
It also provides enterprise-wide visibility into machine availability and the health of batch operations. According to a report by The Insight Partners, the APAC Real Time Production Monitoring market was valued at US$ 1583.33 million in 2022 and is projected to reach US$ 4067.91 million by 2030. This impressive growth indicates the increasing adoption and reliance on real-time production monitoring by businesses.
This innovative approach allows manufacturers to maintain a competitive edge by providing real-time visibility of their performance, promptly highlighting issues as they occur. By offering a clear understanding of the manufacturing process, production monitoring enables businesses to continually improve their operations.
Why manufacturers will struggle without production monitoring
Manufacturers who are not using real-time production monitoring are likely to encounter a couple of challenges:
- Increased Downtime: Manufacturers without real-time monitoring often face significant downtime, leading to lost production time and increased costs.
- Limited Defect Tracking: Without real-time data, tracking the number and type of defects becomes challenging, hindering improvement efforts.
- Rising Material Costs: In the wake of the pandemic, material costs have surged. Real-time monitoring can help manufacturers manage these costs more effectively.
- Poor Visibility: Many manufacturers struggle with a lack of visibility into their production operations, which can be addressed with real-time monitoring.
- Unscheduled Downtime: Unscheduled downtime due to equipment failure can have high costs. Real-time monitoring aids in predicting and preventing such incidents.
- Inefficient Manual Reporting: Manufacturers relying on manually-based reporting face challenges in maintaining customer satisfaction in a real-time world.
- Inaccurate Performance Measurement: Without effective tools, machine shops struggle to accurately measure their production performance.
- Quality Issues Impacting Profitability: Without real-time monitoring, quality issues may increase costs, lower productivity, and lead to product recalls.
Take back control of your shop floor
Real-time production monitoring provides manufacturers with a factual, data-driven perspective of their operations, allowing them to make informed decisions. This is crucial as many manufacturing teams often find themselves surprised by the extent of losses in their operations once they gain an accurate understanding.
- Understand your production better: While most manufacturers have a good grasp of their actual output, few fully understand their potential output. Real-time production monitoring moves the conversation from “What did we produce this shift?” to “How can we improve our process?”.
- Identify losses: One of the fundamental goals of real-time production monitoring is to help manufacturers understand their losses and find ways to reduce them. Having a clear visual representation of these losses, such as a Top Losses report, can transform raw data into actionable insights.
- Embrace Industry 4.0: Real-time production monitoring is a key component of Industry 4.0. By adopting this technology, manufacturers can stay competitive in the digital manufacturing landscape.
- Increacse efficiency and productivity: By providing real-time visibility into the manufacturing process, production monitoring allows for immediate adjustments, enhancing efficiency and productivity.
- Predictive maintenance: Real-time monitoring can predict equipment failures before they occur, minimizing downtime and saving costs.
What are production monitoring tools?
Production monitoring tools are software applications designed to track, analyze, and control the operational processes within a manufacturing facility. These tools provide real-time data and insights into various aspects of production, such as machine performance, product quality, efficiency, and overall equipment effectiveness (OEE).
Here are some key features and functions of production monitoring tools:
- Real-time data collection and analysis: Production monitoring tools continuously gather and analyze data from the manufacturing process. This provides a real-time overview of the production line, allowing for immediate identification and resolution of issues.
- Performance metrics tracking: These tools help monitor key performance indicators (KPIs) like OEE, cycle time, throughput, downtime, and more. This enables manufacturers to measure their performance against set targets.
- Downtime tracking: Production monitoring tools identify and categorize instances of machine downtime, helping manufacturers understand the causes and implement corrective actions.
- Quality control: By tracking production in real-time, these tools can immediately detect deviations from desired product specifications, ensuring consistent product quality.
Inventory management: Accurate production monitoring enables better inventory control, avoiding overstocking or shortages. - Predictive maintenance: Some advanced tools can predict potential machine failures before they result in significant downtime, leading to proactive maintenance and reduced costs.
One example of a comprehensive production monitoring tool is the MES Suite from Shoplogix. This suite provides real-time visibility into manufacturing operations, enabling manufacturers to optimize their processes, reduce operational costs, and improve overall productivity.
Get in touch
Schedule a meeting with a member of the Shoplogix team to learn more about our solutions and align them with your manufacturing data and technology needs.
