{"id":7387,"date":"2020-09-22T07:24:37","date_gmt":"2020-09-22T12:24:37","guid":{"rendered":"https:\/\/flevy.com\/blog\/?p=7387"},"modified":"2020-12-18T20:37:32","modified_gmt":"2020-12-19T01:37:32","slug":"how-to-utilize-internet-of-things-iot-system-to-expedite-decison-making-in-the-manufacturing-sector","status":"publish","type":"post","link":"https:\/\/flevy.com\/blog\/how-to-utilize-internet-of-things-iot-system-to-expedite-decison-making-in-the-manufacturing-sector\/","title":{"rendered":"How to Utilize Internet of Things (IoT) System to Expedite Decison-Making in the Manufacturing Sector?"},"content":{"rendered":"<p><img decoding=\"async\" class=\"alignright size-medium wp-image-7389\" src=\"https:\/\/flevy.com\/blog\/wp-content\/uploads\/2020\/09\/Manufacturing2-300x200.jpg\" alt=\"\" width=\"300\" height=\"200\" srcset=\"https:\/\/flevy.com\/blog\/wp-content\/uploads\/2020\/09\/Manufacturing2-300x200.jpg 300w, https:\/\/flevy.com\/blog\/wp-content\/uploads\/2020\/09\/Manufacturing2-768x512.jpg 768w, https:\/\/flevy.com\/blog\/wp-content\/uploads\/2020\/09\/Manufacturing2-1024x683.jpg 1024w, https:\/\/flevy.com\/blog\/wp-content\/uploads\/2020\/09\/Manufacturing2.jpg 1920w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><a href=\"https:\/\/flevy.com\/business-toolkit\/manufacturing\">Manufacturing<\/a> today entails immediate yet informed decision making.\u00a0 However, with increasing levels of sophistication and production, senior leadership often has limited time to make optimum decisions pertaining to the number of unanticipated issues surfacing from time to time.\u00a0 These issues\u2014if not managed properly and timely\u2014can lead to defects and wastes.<\/p>\n<p>Top global enterprises are utilizing <a href=\"https:\/\/flevy.com\/browse\/stream\/innovation\">innovation<\/a> and creative ways to enable prompt decision making. \u00a0Specifically, they are using <a href=\"https:\/\/flevy.com\/business-toolkit\/internet-of-things\">Internet of Things (IoT)<\/a> to effectively handle critical aspects of manufacturing.\u00a0 Successful implementation of a Manufacturing IoT system facilitates in automating key tasks, decisions and processes; curtailing scrap and rework; and enhancing productivity.<\/p>\n<p>People often object to implementing an IoT system by citing other important projects that they are already undertaking and the resource and time constraints as pressing hurdles.\u00a0 To work around these limitations, manufacturers can engage 3<sup>rd<\/sup> party consultants having proven expertise in end-to-end successful IoT, Asset Tracking, and manufacturing systems deployment.<\/p>\n<p><a href=\"https:\/\/flevy.com\/browse\/flevypro\/manufacturing-internet-of-things-iot-implementation-5249\">Implementing a Manufacturing IoT System<\/a> leverages immense benefits, including:<\/p>\n<ul>\n<li>Enhancing the ROI of other programs under way.<\/li>\n<li>Streamlined and <a href=\"https:\/\/flevy.com\/browse\/stream\/process-improvement\">Process Improvement<\/a>\u00a0and <a href=\"https:\/\/flevy.com\/business-toolkit\/robotic-process-automation\">Robotic Process Automation<\/a> help prompt informed decisions.<\/li>\n<li>Managing materials efficiently.<\/li>\n<li>Adjusting to customer requirements.<\/li>\n<li>Avoiding costly mistakes and rework.<\/li>\n<\/ul>\n<p>However, harnessing IoT necessitates careful deliberation and planning.\u00a0 The core requirements to effectively implement a <a href=\"https:\/\/flevy.com\/browse\/flevypro\/manufacturing-internet-of-things-iot-implementation-5249\">Manufacturing IoT system<\/a> can be segregated into 2 broad categories:<\/p>\n<ol>\n<li><strong>Functional Requirements<\/strong><\/li>\n<li><strong>System Requirements<\/strong><\/li>\n<\/ol>\n<p><a href=\"https:\/\/flevy.com\/browse\/flevypro\/manufacturing-internet-of-things-iot-implementation-5249\"><img decoding=\"async\" class=\"aligncenter size-full wp-image-7406\" src=\"https:\/\/flevy.com\/blog\/wp-content\/uploads\/2020\/09\/IoT-Manufacturing-Sector.png\" alt=\"\" width=\"1002\" height=\"752\" srcset=\"https:\/\/flevy.com\/blog\/wp-content\/uploads\/2020\/09\/IoT-Manufacturing-Sector.png 1002w, https:\/\/flevy.com\/blog\/wp-content\/uploads\/2020\/09\/IoT-Manufacturing-Sector-300x225.png 300w, https:\/\/flevy.com\/blog\/wp-content\/uploads\/2020\/09\/IoT-Manufacturing-Sector-768x576.png 768w\" sizes=\"(max-width: 1002px) 100vw, 1002px\" \/><\/a><\/p>\n<h2><strong>Functional Requirements<\/strong><\/h2>\n<p>Functional Requirements (FR) describe the system or its components.\u00a0 FR provide a description of services that the Manufacturing IoT system must offer. \u00a0FR for Manufacturing IoT may include:<\/p>\n<ul>\n<li>Control Assets and Administer Asset Properties<\/li>\n<li>Track Assets Movement<\/li>\n<li>Setup Locations<\/li>\n<li>Maintain Equipment Duty Cycles for Maintenance<\/li>\n<li>Record Raw Material Shelf Life<\/li>\n<li>Maintain Asset Family and Digital Thread<\/li>\n<li>Extend Material Shelf Life<\/li>\n<li>Enable Cutting and Kitting<\/li>\n<li>Asset Search and Filter<\/li>\n<li>Maintain Assets Events<\/li>\n<li>Record History of Events<\/li>\n<li>Generate New Assets<\/li>\n<li>Record Cured Kits<\/li>\n<li>Document Assets<\/li>\n<li>Allow Synchronization with Current Systems<\/li>\n<li>Generate Real-time Production Maps<\/li>\n<li>Enable Integration with Cut Planning Optimization Systems<\/li>\n<li>Allow Production of Passive RFID Tags Internally<\/li>\n<li>Create Customized Alerts<\/li>\n<\/ul>\n<h2><strong>System Requirements <\/strong><\/h2>\n<p>All systems require availability of certain software resources, functionalities, or other hardware components. \u00a0These prerequisites have to be met in the design of a system.\u00a0 Typical System Requirements for manufacturing IoT may include:<\/p>\n<ul>\n<li>User Authorization<\/li>\n<li>Quick installation<\/li>\n<li>Usability<\/li>\n<li>Integration to Next-generation IoT Platforms<\/li>\n<li>Radio-frequency Identification (RFID) Ability<\/li>\n<\/ul>\n<p>Let\u2019s delve deeper into some of the Functional Requirements for now.<\/p>\n<h3><strong>Control Assets and Administer Asset Properties<\/strong><\/h3>\n<p>The system should be able to manage multiple assets and add new assets.\u00a0 It should be capable of:<\/p>\n<ul>\n<li>Creating asset properties, e.g., name, ID and shipment date.<\/li>\n<li>Editing property labels and show \/ hide asset properties.<\/li>\n<li>Automatically adding materials\u2019 expiry date, \u201cremaining exposure time,\u201d \u201ctool autoclave cycles left,\u201d and \u201ctool usage time left.\u201d<\/li>\n<\/ul>\n<h3><strong>Trace Assets Movement<\/strong><\/h3>\n<p>The IoT system should be able to:<\/p>\n<ul>\n<li>Follow assets location from one site to another during the manufacturing process.<\/li>\n<li>Allow integration of MAT with RFID and other floor sensors to gather real-time assets\u2019 location and condition data.<\/li>\n<li>Enable asset location reporting manually, through barcode, or hybrid (barcode and RFID).<\/li>\n<\/ul>\n<h3><strong>Setup Locations<\/strong><\/h3>\n<p>The system should maintain:<\/p>\n<ul>\n<li>Asset data from multiple sites (locations).<\/li>\n<li>Assets movement to and fro various sites, reported using RFID or other sensors.<\/li>\n<\/ul>\n<h3><strong>Maintain Equipment Duty Cycles for Maintenance<\/strong><\/h3>\n<p>The IoT manufacturing system should record all maintenance needs and maintenance activity performed on an asset. \u00a0Specifically it should:<\/p>\n<ul>\n<li>Keep data on all tools available at various sites with their duty cycles for preventive maintenance.<\/li>\n<li>Maintain record and generate reports on maintenance activity preformed on a specific tool.<\/li>\n<\/ul>\n<h3><strong>Record Raw Material Shelf Life <\/strong><\/h3>\n<p>The IoT manufacturing system should:<\/p>\n<ul>\n<li>Automatically calculate raw material and work in process exposure time and date of expiration.<\/li>\n<li>Maintain assets\u2019 shelf life and generate automated screen notifications, alerts, emails, or SMS.<\/li>\n<\/ul>\n<p>Interested in learning more about the details of other Functional and System Requirements of a Manufacturing IoT system? You\u00a0can download\u00a0<a href=\"https:\/\/flevy.com\/browse\/flevypro\/manufacturing-internet-of-things-iot-implementation-5249\">an editable PowerPoint on Manufacturing: Internet of Things Implementation here\u00a0<\/a>on the\u00a0<a href=\"https:\/\/flevy.com\/browse\">Flevy documents marketplace<\/a>.<\/p>\n<h2>Do You Find Value in This Framework?<\/h2>\n<p>You can download in-depth presentations on this and hundreds of similar business frameworks from the <a href=\"https:\/\/flevy.com\/pro\/library\">FlevyPro Library<\/a>. <a href=\"https:\/\/flevy.com\/pro\">FlevyPro<\/a> is trusted and utilized by 1000s of management consultants and corporate executives. Here&#8217;s what some have to say:<\/p>\n<blockquote><p>&#8220;My FlevyPro subscription provides me with the most popular frameworks and decks in demand in today\u2019s market. They not only augment my existing consulting and coaching offerings and delivery, but also keep me abreast of the latest trends, inspire new products and service offerings for my practice, and educate me in a fraction of the time and money of other solutions. I strongly recommend FlevyPro to any consultant serious about success.&#8221;<\/p>\n<p style=\"text-align: right;\">\u2013 Bill Branson, Founder at Strategic Business Architects<\/p>\n<\/blockquote>\n<blockquote><p>&#8220;As a niche strategic consulting firm, Flevy and FlevyPro frameworks and documents are an on-going reference to help us structure our findings and recommendations to our clients as well as improve their clarity, strength, and visual power. For us, it is an invaluable resource to increase our impact and value.&#8221;<\/p>\n<p style=\"text-align: right;\">\u2013 David Coloma, Consulting Area Manager at Cynertia Consulting<\/p>\n<\/blockquote>\n<blockquote><p>&#8220;As a small business owner, the resource material available from FlevyPro has proven to be invaluable. The ability to search for material on demand based our project events and client requirements was great for me and proved very beneficial to my clients. Importantly, being able to easily edit and tailor the material for specific purposes helped us to make presentations, knowledge sharing, and toolkit development, which formed part of the overall program collateral. While FlevyPro contains resource material that any consultancy, project or delivery firm must have, it is an essential part of a small firm or independent consultant&#8217;s toolbox.&#8221;<\/p>\n<p style=\"text-align: right;\">\u2013 Michael Duff, Managing Director at Change Strategy (UK)<\/p>\n<\/blockquote>\n<blockquote><p>&#8220;FlevyPro has been a brilliant resource for me, as an independent growth consultant, to access a vast knowledge bank of presentations to support my work with clients. In terms of RoI, the value I received from the very first presentation I downloaded paid for my subscription many times over! The quality of the decks available allows me to punch way above my weight \u2013 it&#8217;s like having the resources of a Big 4 consultancy at your fingertips at a microscopic fraction of the overhead.&#8221;<\/p>\n<p style=\"text-align: right;\">\u2013 Roderick Cameron, Founding Partner at SGFE Ltd<\/p>\n<\/blockquote>\n<blockquote><p>&#8220;Several times a month, I browse FlevyPro for presentations relevant to the job challenge I have (I am a consultant). When the subject requires it, I explore further and buy from the Flevy Marketplace. On all occasions, I read them, analyze them. I take the most relevant and applicable ideas for my work; and, of course, all this translates to my and my clients&#8217; benefits.&#8221;<\/p>\n<p style=\"text-align: right;\">\u2013 Omar Hern\u00e1n Montes Parra, CEO at Quantum SFE<\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Manufacturing today entails immediate yet informed decision making.\u00a0 However, with increasing levels of sophistication and production, senior leadership often has limited time to make optimum decisions pertaining to the number of unanticipated issues surfacing from time to time.\u00a0 These issues\u2014if not managed properly and timely\u2014can lead to defects and wastes. Top global enterprises are utilizing&hellip;&nbsp;<a href=\"https:\/\/flevy.com\/blog\/how-to-utilize-internet-of-things-iot-system-to-expedite-decison-making-in-the-manufacturing-sector\/\" rel=\"bookmark\"><span class=\"screen-reader-text\">How to Utilize Internet of Things (IoT) System to Expedite Decison-Making in the Manufacturing Sector?<\/span><\/a><\/p>\n","protected":false},"author":110,"featured_media":7389,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","footnotes":""},"categories":[84,82],"tags":[2169,2165,1800,2163,2161,920,919,2167,30,2166,1062,2168,2164,2162],"class_list":["post-7387","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-information-technology","category-operations","tag-asset-management","tag-asset-tracking","tag-automation","tag-decisionmaking","tag-functional-requirements","tag-internet-of-things","tag-iot","tag-iot-platform","tag-manufacturing","tag-manufacturing-systems","tag-material-requirements-planning","tag-rfid","tag-system-implementation","tag-system-requirements"],"_links":{"self":[{"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/posts\/7387","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/users\/110"}],"replies":[{"embeddable":true,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/comments?post=7387"}],"version-history":[{"count":9,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/posts\/7387\/revisions"}],"predecessor-version":[{"id":7785,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/posts\/7387\/revisions\/7785"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/media\/7389"}],"wp:attachment":[{"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/media?parent=7387"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/categories?post=7387"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/flevy.com\/blog\/wp-json\/wp\/v2\/tags?post=7387"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}