AI in Manufacturing: A Practical Guide to Getting Started
Part 2: Lift the Fog of Silos and Reveal a Constellation of Insights
As an industry leader, you know you need to innovate to stay ahead of the curve and deliver more value to customers. But if you’re like many manufacturers, you’re still evaluating how AI can help your manufacturing processes and if it will be worth the investment.
Article by Lori Borg
Part 1 of AI in Manufacturing discusses the importance of a growth mindset and B.E.S.T. Practices for AI maturity. In this article, Lori Borg, MCA Connect SVP, Manufacturing Intelligence and Chief Growth Officer, shares how lifting a fog of silos empowers manufacturers to transform operations with data and AI.
The Fog of Silos
Many manufacturers struggle with data trapped in isolated systems, scattered across multiple departments and locations. This “fog of silos” isn’t just inconvenient. It blinds manufacturers to valuable insights that can fuel growth, innovation, and efficiency.
A fog of silos:
Hinders collaboration
Fragmented data makes teamwork difficult, hindering information sharing and coordinated decision-making.
Delays decision-making
Struggling to find the right data delays critical choices, impacting responsiveness to market shifts.
Raises costs
Inefficient data management wastes valuable time and resources.
Limits innovation
Hidden insights can’t be used to develop new products and services.
Sound familiar? You’re not alone. A recent survey revealed that 74% of manufacturers struggle with data silos that hinder growth potential. Erroneous data, poor data quality, and difficulties with data integration are also common.
Lift the Fog to Reveal a Constellation of Insights
Here’s how visibility challenges come together in an AI-enabled manufacturing scenario:
A series of mergers left one leading manufacturer with a global network of siloed data systems. Leaders had no way of seeing the big picture or making sense of all their data. Instead of making data-driven decisions, they relied on gut feelings or made decisions in silos. As a result, the manufacturing company couldn’t make the most of its acquisitions.
To solve this complex challenge, the manufacturer adopted a growth mindset and followed B.E.S.T Practices for AI maturity. They also implemented MCA Connect Inspire Platform™ to connect their data and leveraged AI to drive their manufacturing processes. By lifting the fog of silos, the manufacturer uncovered a constellation of insights that transformed their business in three key ways.
Manufacturing AI Use Cases
Boost Production with AI Workflows
The company’s production lines were a complex network of machinery, each with its own rhythm and pace. Acting as a global conductor, AI transformed production by analyzing real-time sensor data from equipment across various locations. It identified bottlenecks and imbalances, then redistributed tasks to create a smooth workflow. This maximized utilization of existing machinery, leading to a significant production increase without additional capital investment.
Eliminate Downtime with Predictive Maintenance
AI also empowered the manufacturer to shift from reactive to proactive maintenance. By continuously monitoring equipment health and analyzing historical data on maintenance and failures, AI algorithms learned to identify subtle warning signs of wear and tear and predict potential breakdowns. This empowered the company to schedule maintenance during planned downtime, eliminating disruptions caused by unexpected equipment failures. As a result, AI’s predictive capabilities extended machinery lifespan, reduced repair costs, and ensured a steady production flow.
Predict Demand and Streamline Inventory with AI Forecasting
The manufacturing company also transformed inventory management from a static process to a dynamic one. By analyzing years of sales data, real-time sales trends, and supplier lead times, AI predicted future demand for each location with high accuracy. Leveraging these forecasts, the company automatically adjusted inventory levels, optimizing stock for both in-demand items and slow-moving inventory. This approach improved resiliency, reduced storage costs, and minimized unsold goods. Additionally, AI empowered the company with agility by automating the replenishment process based on real-time demand and inventory data across locations.
In each of these manufacturing use cases, AI served as the linchpin, turning data into actionable insights. The company not only solved its immediate business issues but also set a new standard for efficiency and responsiveness.
What’s next?
By lifting the fog of silos and revealing a constellation of insights, manufacturers like you unlock a world of possibilities. With AI in manufacturing, you can:
- Make data-driven decisions to optimize operations and maximize profits.
- Develop innovative new products to stay ahead of the curve.
- Streamline the supply chain to improve your employee and customer experiences.
- And more…
In part 3 of this series, I’ll show how you can lift the fog of data silos, reveal a constellation of insights, and unleash your business’s full potential.
Read Part 3 of this blog series by Lori Borg for tangible ways manufacturers can unlock the value of their data and leverage the power of AI.
Read Part 1 of this blog series by Lori Borg to learn why manufacturers should embrace AI and B.E.S.T practices for AI Maturity.
Contact us today to schedule time with our manufacturing data and AI experts.
AUTHOR
Lori Borg
Senior Vice President – Chief Growth Officer, MCA Connect