mode40’s Post

Manufacturing Executives- make sure you tune in on September 5th to a Webinar we are hosting on The Profit in Data Insights. We are looking forward to hosting this conversation and hope you tune in. Registration below ⬇️

Smart manufacturing is transforming the future. Cloud-based solutions and artificial intelligence are leading this change, with these technologies poised to revolutionize operational efficiency, impact the global workforce, and advance sustainability efforts. As this transformation unfolds, it presents new opportunities, challenges, and trends that industries must navigate. Recently, a virtual roundtable hosted by The Manufacturer delved into these evolving topics. Experts discussed the implications of these advancements, shared insights on overcoming obstacles, and highlighted innovative approaches to harness the full potential of smart manufacturing. Click the link below to read the full article about the event! #SmartManufacturing #AI #IoT #Innovation

Industries that Can Benefit from Gemba Walks and Real-Time Data Visualization Based on the what I have Experienced and studied on various posts, websites, articles several industries can benefit from the synergistic approach of Gemba Walks and real-time data visualization: Manufacturing: The study highlights how Gemba Walks are particularly valuable in the manufacturing industry, as they enable managers to observe processes firsthand, identify inefficiencies, and make data-driven decisions to improve operational efficiency. Healthcare: The approach can also be beneficial in the healthcare industry, where Gemba Walks can help gather comprehensive data on factors like race, ethnicity, and language to support health equity initiatives. Other Industries: The search results suggest that data analytics and visualization have become critical elements for businesses across many sectors, including finance, retail, and logistics.  The principles of Gemba Walks and real-time data integration can be applied to drive continuous improvement in these industries as well. Emerging Technologies: The integration of Gemba Walks with emerging technologies like 5G and augmented reality can further enhance the effectiveness of this approach, providing next-generation factory insights. In summary, the combination of Gemba Walks and real-time data visualization can be a powerful tool for driving operational excellence and continuous improvement across a wide range of industries, from manufacturing and healthcare to finance and logistics. #digitalization #digitaltransformation #digitalmanufacturing #industry40 #smartfactory #industrialrevolution4 #iiot #iot #automation #robotics #manufacturing #manufacturingtransformation #smartmanufacturing #digitalmanufacturing #industrialautomation #factoryofthefuture #supplychain #productionefficiency #efficiency #productivity #analytics #visibility #qualitycontrol #sustainability #competitiveadvantage #scalability #digitalization #digitization #innovation #technology #digital #business #digitalmarketing #industry #ai #projectmanagement

Molex's digital transformation focuses on four “advantaged capabilities” driven by data: product development, intelligent digital supply chain, manufacturing and operations, and customer experience. Discover how this connectivity system manufacturer uses the Manufacturing #DataCloud for smart manufacturing and automation through #AI, machine learning (#ML), robotics, and IoT. https://okt.to/WtrhAK

Molex's digital transformation focuses on four “advantaged capabilities” driven by data: product development, intelligent digital supply chain, manufacturing and operations, and customer experience. Discover how this connectivity system manufacturer uses the Manufacturing #DataCloud for smart manufacturing and automation through #AI, machine learning (#ML), robotics, and IoT. https://okt.to/1Gf94D

🚀 𝐄𝐱𝐜𝐢𝐭𝐢𝐧𝐠 𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐁𝐢𝐠 𝐃𝐚𝐭𝐚 𝐚𝐧𝐝 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐀𝐧𝐚𝐥𝐲𝐭𝐢𝐜𝐬 𝐌𝐚𝐫𝐤𝐞𝐭! 📊💡 The #Big Data and Business Analytics market continues to evolve, driving innovation and reshaping industries. Big Data And #Business Analytics Market Size Was Valued At USD 252.2 Billion In 2024 And Is Projected To Reach USD 228.0 Billion By 2031, Along With A #CAGR Of 13.5% During The Forecast Period 2024 To 2031. 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐓𝐡𝐞 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐎𝐟 𝐓𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭@ https://lnkd.in/dZj9wbrH 𝐇𝐞𝐫𝐞 𝐚𝐫𝐞 𝐬𝐨𝐦𝐞 𝐤𝐞𝐲 𝐭𝐫𝐞𝐧𝐝𝐬 𝐬𝐡𝐚𝐩𝐢𝐧𝐠 𝐭𝐡𝐞 𝐥𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞: 1️⃣ AI Integration: Artificial Intelligence is becoming integral to analytics, unlocking new possibilities in predictive modeling and decision-making. Companies are leveraging AI to extract valuable insights from vast datasets, enhancing efficiency and accuracy. 2️⃣ Real-time Analytics: The demand for real-time insights is on the rise. Businesses are leveraging advanced analytics tools to make data-driven decisions instantly, leading to improved operational efficiency and customer satisfaction. 3️⃣ Edge Computing: With the growth of IoT, edge computing is gaining prominence. Processing data closer to the source reduces latency and enhances the speed of analytics, particularly crucial for industries like healthcare, manufacturing, and logistics. 4️⃣ Data Privacy and Security: As data volumes increase, so does the importance of robust security measures. Businesses are prioritizing data privacy to comply with regulations and build trust among consumers. 5️⃣ Customized Analytics Solutions: One size doesn't fit all. Companies are increasingly adopting customized analytics solutions tailored to their specific needs, ensuring more accurate insights and strategic decision-making. 𝐓𝐨𝐩 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬: Oracle, Microsoft, Hewlett Packard Enterprise, SAP, Dell Technologies, Teradata #AnalyticsTrends #DigitalTransformation #DataDriven #AIIntegration #TechInnovation #BusinessStrategy #DataScience #MachineLearning #Industry40 #FutureTech #DataSecurity #SmartAnalytics #BusinessIntelligence

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In today’s fast-paced and competitive logistics landscape, effective decision-making is crucial for maintaining operational efficiency and customer satisfaction. Transportation Management Systems (TMS) have evolved beyond simple routing and scheduling tools; they now harness the power of big data analytics to drive strategic decision-making. This blog explores how big data analytics can transform TMS and provide a competitive edge to businesses. Dive into the benefits, key components, and a real-world case study to understand how big data is revolutionizing TMS and the logistics industry. #BigData #TMS #Logistics #SupplyChain #DataAnalytics #TransportationManagement #AI #MachineLearning #IoT #PredictiveAnalytics #RouteOptimization #InventoryManagement #CustomerExperience #TechInnovation Dilip Bharatee Ravichandra Patil Sarvesh S. G. Sandeep Hiremath Adithya Mysuru Vandana Dekadoloi Amogh Varsh

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https://lnkd.in/ggeJr47M Found this article quite helpful as it summarized potential trends in supply chain management into bite-sized insights. Although, the write-up states these trends are most relevant in 2024, I believe most of them will carry on for the future. Hence, we should equip ourselves with the knowledge of what could potentially become common practice such as AI and IoT integration, greater degree of near-shoring, usage of big data, shifting to cloud-based solutions and the likes.