VME – Vietnam Manufacture Expo

What do experts say about smart manufacturing?

What do experts say about smart manufacturing?

For most enterprises that have expertise in producing goods, the obtaining and implementing smart manufacturing innovation has become extremely essential key of success in the present digital era. Since these economic institutes are expected to be able to keep up with the trend for intelligent creation in the fourth industrial revolution by implementing new period modifications in both processes and production structure.

1. What is smart manufacturing?

Smart manufacturing generally is considered a major shift in the industry development orientation by applying advanced technology to support business build and control automated operational systems. In more deeply, these methods thus not only help to educate more high-quality human resources or reinforce flexible response, but also is able to boost supply chain efficiency and outcome achievements.

In briefly, smart manufacturing represents a step forward in using intelligent creation as a prioritized strategy to apply comprehensively in the entire product-making process, making it fast and simple, especially bringing higher profits to businesses.

2. The importance of smart manufacturing

2.1. Benefits of smart manufacturing

Corporations can encourage the adoption of machines and product chains from advanced equipment that can swap themselves into a professional process without human involvement via implementing smart manufacturing, as opposed to investing in workforce development.

Additionally, the implementation of smart manufacturing also aids organizations in expanding their customer base, strengthening environmental sustainability, as well as offering several options to boost their resilience.

2.2. Smart Manufacturing is the focus of the manufacturing industry

The global manufacturing sector is driven by smart manufacturing innovation, which has significantly altered data collecting in various production industries. More specifically, it intends to enhance the way products are made more effectively by assessing and pinpointing the reasons behind bottlenecks.

An investigation of the production practices of multiple entities found that for every hour they are shut down, they might lose up to one million or even five million dollars damage, according to industry specialists’s credible research.

This finding thus demonstrates how crucial it is to integrate cutting-edge technology into the workplace technique. The application besides requires lots of sincere dedication in order to be the most effective performance. It is since smart manufacturing may boost productivity by up to 20% while also reducing assembly emergent problem detection time by up to 50%.

3. How to approach and implement smart manufacturing?

3.1. IoT deployment

The Internet of Things (IoT) comprises an ecosystem that makes use of data transmission technologies to link machines and industrial equipment. Sensors have been incorporated into these tools to build meaningful data connections. Accordingly, this outcome is transferred to cloud systems and software through data transmission lines.

Researchers can find issues and mistakes in the production process by analyzing this enormous volume of data. These assessments are expected to be provided as much valuable feedback as possible to the manufacturing system, increasing the speed at which mistakes are fixed and boosting production quality. The production process may then also be properly and effectively monitored and managed from there.

3.2. Applying artificial intelligence to production

One of the most important benefits of the 4.0 industrial revolution is AI (artificial intelligence). Numerous sizable industrial companies use AI to optimize resources, cut down on supplies, boost productivity, and save prices. Businesses may dramatically enhance profitability by utilizing AI.

Artificial intelligence (AI) enables businesses to more correctly forecast the product’s parameters through the study of machine data, allowing them to alter their BOMs (product structure categories) to better suit the needs of each individual product batch.

In addition, artificial intelligence can also support businesses in items such as:

  • Detect errors in the production process and minimize downtime by implementing predictive maintenance.
  • Respond to real-time changes in demand across the supply chain.
  • Product quality inspection has a high level of complexity such as microchips.
  • Reducing the cost of production of batch or single goods, allows to diversify the product system.
  • Improve the working environment for employees by replacing traditional manual work with operating smart machine systems.

3.3. Implementation of industrial robots

Even though the industrial robot is not a completely fresh concept, between 40 and 50 years ago, this idea is still evaluated as crucial fundamental for smart production processes. Robots are becoming more intelligent, agile, and small, nevertheless, owing to contemporary technology, which can assist streamline the production process.

Robots had previously been confined to a certain responsibility and just newly formed modifications to be applied to other areas. For the time being, however, the robot may adapt to the situation simply by connecting to the factory’s sensor network. Furthermore, artificial intelligence remains employed to give robotic systems extra flexibility. Robotic systems can predict outcomes and adapt in response to AI activities.

3.4. Digital Twins App

Use data collected from sensors in the system and apply algorithms to create logical forecasts about the production process. Adopting Digital Twins in critical systems provides predictive maintenance, reducing product development time and costs, and unexpected downtime.

Digital Twins have been widely applied in fields such as aerospace technology, defense, transportation, electronics, machine building and energy.

3.5. Human resource training and development

On a larger scale, there should be a definite division between the group of low-skilled workers and the group of highly qualified workers to develop human resources. If outdated information is no longer necessary, it should be altered or eliminated. For human resources, it is better to update a lot of new information and skills.

4. Introduction of VME exhibition

Vietnam Manufacturing Expo (VME) 2023 is an important event for the business community in the field of machinery and equipment, manufacturing technology and supporting industries. With a fundamental role in the production of goods, this industry contributes greatly to the economic development of Vietnam.

VME 2023 will provide a platform for manufacturing businesses in the industry to learn and showcase the latest products, services, and technologies. At the same time, the industrial exhibition will also be an opportunity for businesses to seek opportunities for cooperation, connection, and expansion of business networks.

In addition, VME 2023 will also bring in-depth programs in industrial production areas, such as automation, machining technology, parts and components manufacturing, and many others. Experts, manufacturers, suppliers, and industry experts will also come together to share the latest experience and knowledge in these areas.

It is definitely a good chance for economic players in industry to access more deeply in global supply chains, while also enabling to accelerate their growth.