The Driver's Seat
Simulation software for manufacturing systems uses computer modelling to analyze how production might work in any given plant or situation. A good simulation product will show how changes within work cells will affect entire lines or entire factories. This type of software, also called Digital Manufacturing, maps facilities and increases the chances of getting first-time-right production, reducing the number of expensive test runs.
The KPIs that might result from a simulation can include production over time, time to produce one unit of product, time delays caused by bottlenecks, time delays caused by moving inventory, production capacity, inventory needed to operate at capacity and utilization of equipment and employees.
Some large industrial companies have used simulation software to plan new production lines for several years now, but today, the vendors of this software have an opportunity to get in the driver’s seat of the Industry 4.0 bandwagon and incl...
You must be a subscriber to view this ABI Insight.
To find out more about subscribing contact a representative about purchasing options.