Advanced Manufacturing for SMB: The path to smarter, modern and better operations
From NZ Manufacturer, December issue, focussing on ‘The Year in Review’ Catherine Lye – CEO, Advanced Manufacturing Aotearoa If you hate the phrase ‘we’ve always done it this way’ and lead your business/team with ‘we’re going to try different, we’re going to try this, we think this will be a better way to improve quality & efficiency’, then you may identify more readily with advanced manufacturing. After all, manufacturers are all about advancing their business every day and trying to find the next thing that will make them better, faster, more competitive. It is, however, important to recognise that not all small medium sized businesses (“SMB”) in New Zealand’s manufacturing sector may readily identify with the term “Advanced Manufacturing”. The majority of New Zealand’s SMB’s may be operating with traditional methods and technologies that have been effective for their specific needs. Factors such as limited budgets, resistance to change, distractions with a global pandemic or not knowing where to start with integrating Advanced Manufacturing tools and techniques can contribute to this reluctance to adopt – after all there is a lot that you could do but what should you do? In the context of a small to medium sized business (SMB), advanced manufacturing embodies a transformative approach that simply translates to “Smarter, Modern, Better” operations. “Smarter Manufacturing” entails harnessing data analytics and automation to make informed decisions in real-time, optimising resource allocation, and reducing waste. The higher value of thinking is around the integration of tools, knowledge, and data. The challenge is finding easier ways to manage and extract data in an easy-to-understand report for everyone. It can make your eyes bleed figuring out what’s going on with 10,000 rows of daily data – you can chart it one way and it is meaningless, chart it another way that […]