Information-driven manufacturing, or iDM, is all about getting more out of your equipment by essentially making it smarter.
Ultimately, the goal is to create a closed-loop network. Connecting the production line to business systems means manufacturers will be better informed, with information in real time, so can be more agile in decision-making, particularly with cap-ex, QC, supplier management and raw material management.
Every single machine and system in your production line has a treasure trove of data. iDM is all about getting that information and then more importantly using it to vastly improve productivity and efficiency – right across your business. It’s really the information driving the manufacturing.
But don’t think iDM is just for large manufacturers. It’s actually for any manufacturer who wants to become more competitive and agile. iDM is a stepping stone to discovering gaps, so where the opportunities to optimise and/or change were previously hiding.
In this video, Matthews Australasia’s general manager of operations, Mark Dingley, speaks about information-driven manufacturing or iDM, what type of businesses it’s for, and how manufacturers can approach iDM.
Learn more about iDM here by reading the full story.