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Taming the Most Detailed Product Data Imaginable

Some things are a given today. One is computing is cheap and powerful, and it is getting cheaper and more powerful. Another is the dropping price of industrial sensors. Combine this with easier ways of moving around data from those sensors and you get lots of data: Terabytes of data.

Sensors Help With IT/OT Integration … Outside the Factory

Smart sensors, already an integral feature of many manufacturing plants that are integrating IT and OT, are now making their way into the supply chain where they monitor reliability and shipping conditions, improve predictive maintenance and make just-in-time delivery (the innovation from the 1980s) easier.

Making Hay With Reams of Data—From Supply Chain Players

Within manufacturing, a shift has begun to extend big data analytics and condition monitoring beyond the factory door to both ends of the supply chain—to customers, other end users and to second-and third-tier suppliers.

When is it best to make your own components?

Most manufacturers have relied on third-party vendors to make parts that are then incorporated into the final product. From automakers sourcing stereos and aircraft makers contracting for jet engines to a small bakery ordering plastic bags or a woodshop buying nails, producers of all types have supplemented their internal capabilities through a painstakingly developed supply chain of external vendors.