Manufacturing software innovations ‘transforming’ industry
When it comes to the manufacturing industry, there is a shift going on where many organizations are bringing operations back to the United States. As the cost of maintaining manufacturing facilities overseas grows because the price of labor, energy and transportation increases, it makes more business sense to open plants in the states, creating quality jobs in the process.
A recent article from Strategy Business examined this growing trend. The piece says that the current change in global manufacturing is happening faster than at any point in recent history. On top of that, the technology and software used in large-scale manufacturing have created a new era of proficiency.
The article goes on to say that there is a new wave of software solutions being created that are going to transform the industry and boost the manufacturing offerings in the U.S. There are several ways that this will happen, which include:
- Product design – Creating a virtual representation of products to improve design, testing and optimization
- Production planning – Simulating a wide range of scenarios for cost, speed, productivity, utilization, energy usage and quality
- Engineering – Programming and coordinating any number of automated systems to optimize workflow
- Execution – Monitoring production performances in real time for both short and long-term goals
- Service – Integrating systems like mobile devices, big data and analytics to create opportunities for remote monitoring and advanced predictive failure analysis that will reduce costs and improve utilization and productivity
With the help of a solution provider that specializes in manufacturing business software, any company can take steps toward improving its overall operations.