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6 Results Found
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ABC: Why Accountants Should Love Industry 4.0
Engineers have always pushed for more measurements of a process since they allow for greater control. Accountants feel the exact same way. -
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How to Improve Quality with Industry 4.0
New methods brought on by the Fourth Industrial Revolution have either hypercharged previous QC/QA methods or brought on completely new ones. -
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The Basic Economics of Automation
When determining the value of automation, one should be careful to ensure that the humans in the calculation are not undervalued. -
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OEE and Profit Forecasting
Two primary calculations that are used in organizations are the overall equipment effectiveness (OEE) and the profit equation. -
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Information: The King of IIoT ROI
There is such a high level of data available in manufacturing that it can become overwhelming. Organizations are limited in the amount of data that they can reliably contextualize and convert to information and are further limited in how much information they can act upon. -
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Organizational Strategy in the Era of IIoT
Companies need to reevaluate their operations from the ground up to fully take advantage of IIoT.







