Billions of dollars are lost by engineering and manufacturing businesses every year through asset loss, waste, and inefficient and suboptimal processes. Much of this is as a result of lack of visibility both in-facility and whilst goods, parts and materials are in-transit worldwide.
Inefficiency is the scourge of businesses worldwide. The inability to understand where assets are, how long they’ve been there, and what conditions they have endured, makes effective management and problem resolution extremely challenging. This leads to waste, resulting in reduced velocity and profit, as well as negatively impacting the environment.
Things can’t be found or are in the wrong place:
The progress of assets through a process is vital to achieving efficiency:
The conditions assets endure determine usability and life:
Good business decisions require full visibility of assets:
Safe Distancing has reached renewed prominence with COVID and the need to maintain distance to inhibit its spread. But there are many other applications of this technology which are explored in the post.
Asset tracking or locating systems are fast be surpassed by asset intelligence. The advent of Industry 4.0 and the data it provides is changing manufacturing forever.
Industry 4.0 is offering an intelligent approach to asset management. There are numerous and highly benefits to industry for their deployment.
IoT is becoming much more than a pipedream. Its is now front and centre of every industrial, manufacturing and logistics company strategy. Are you ready to embrace disruption?
Industry 4.0 is offering an intelligent approach to asset management. There are numerous and highly benefits to industry for their deployment.
Real-time Asset Intelligence will prove a game-changer for your business because it allows you to shine a light on what are otherwise unseen operations.
Pathfindr’s award-winning Industrial IoT solutions provide customers with real-time insights into their assets and processes. From indoor and outdoor asset tracking and asset monitoring, our consultative approach has helped transform businesses around the world.
