The Covid-19 pandemic, changes to the global supply chain, and unforeseen occurrences such as the raw material shortages for baby formulas highlight the increasing importance of developing accurate industrial plans to manage productivity. Recognizing the importance of accurate planning, approximately 75% of organizations plan to use a digital twin to improve business operations and respond to changes. Despite where you are in your digital twin journey, either at the adoption or utilization stage, seeking technical advice from experts will always simplify your journey. These tips are the first ..read more

Designing and operating conventional simulation and digital twin models is a time-consuming process that includes the following steps: Dragging and dropping objects from pre-built libraries Defining the operational behavior of each object according to its properties Configuring the model to function accurately Although dragging and dropping objects from a pre-built library simplifies the design process, assigning properties such as rules or complex logic to objects creates its own set of difficulties… and any increases in the complexity of the facility’s operations create further modeling c ..read more

Industry 4.0 is causing a convergence of manufacturing processes and software in the industrial sector. This convergence is expected to provide manufacturing enterprises with the tools to implement diverse Industry 4.0 business models including condition monitoring, remote monitoring, risk-based scheduling, and predictive maintenance. The Digital Twin is one such application that empowers manufacturers with the tool to optimize every aspect of the product lifecycle. This post will showcase 5 ways manufacturers can leverage digital twin technology to improve revenue generation. Condition-base ..read more

A third of all raw materials and food produced across the globe spoils before getting to their targeted consumers or end-users. According to the United Nations, this amounts to approximately 1.3 billion metric tons of food wastage and approximately 40% of this wastage occurs during transportation across supply chains. In a time of increasing inflation, solving the logistics challenges attached to the food and beverages manufacturing industry has become a priority. Insight into the causation factors for food waste provides a starting point for successfully tackling waste across the supply chain ..read more

When many of you hear the word Digital Twin, you generally associate it with a digital representation of a machine or physical asset. However, this is just one subset or application of it. At Simio, we have a more robust and holistic view of the digital twin that focuses on its ability to capture and represent heterogeneous data across multiple, interconnected processes into modeled information that supports real-time analytics. Capturing data sets across industrial or manufacturing systems –from the supply chain, machine performance, throughput, and other shop floor relationships –and applyi ..read more

A functional and highly flexible supply chain is crucial to meeting manufacturing deadlines and optimizing production cycles. Approximately 79% of companies with high-performing supply chains achieve increased revenue growth when compared to the average within their industries. Enterprises with optimized supply chains also reduce the cost of managing supplies by 15% and boast of faster cash to cash operational cycles. Despite the importance of a high-performing supply chain, approximately 57% of enterprises in the industrial sector still struggle with visibility challenges across their supply ..read more

It is no longer news that virtual events have become the go-to solution for the convergence of large groups of people due to the safety, comfort, and ease of attending live events provide. Although physical conferences and events are slowly but surely making a comeback, virtual events at the corporate end have become mainstream and are here to stay…a quick look at your events calendar will buttress this point. The major advantage cited for the popularity of virtual events is the comfort it affords attendees but this isn’t always the case. As a matter of fact, the benefits of attending events ..read more

In a world of sensors, IoT, and edge devices, collecting data from industrial processes or within the facility floor has never been easier. Today, industrial enterprises end up collecting so much data that approximately 80% of the collected data end up as dark data or unstructured data. Here, dark data refers to the data you generate from industrial processes that end up unused. But there are ways to get the best out of your digital transformation process and dark data – this is where simulation and digital twin models come into the picture. Starting with definitions, simulation modeling is th ..read more

The introduction of new digital transformative technologies and processes into everyday workspaces means both technical and non-technical personnel must have some understanding of its terminologies. These terminologies include both new keywords and more importantly, keywords that digital transformation solutions providers such as Simio use to simplify the request for proposals of industrial enterprises. This post will highlight some of the traditional keywords used within the industrial sector and their corresponding terminologies in the digital transformation age. These keywords are focused o ..read more

The manufacturing sector is no stranger to the impact of increased public demand on consumer goods caused by recalls, shortages of raw materials or disrupted supply chains. One example is the recent recall of baby formulas by Abbott Nutrition which has left parents scrambling across the nation looking for usable alternatives. To eliminate this shortfall, other food and beverage manufacturers have been urged to increase production but complaints about maxed out schedules and other scheduling challenges highlight the difficulties with immediately increasing production rates. With increased deman ..read more