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5 SMART MANUFACTURING TERMS TO KNOW MonarchMetal.com
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5 Smart Manufacturing Terms to Know

Jan 16, 2017

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Monarch Metal
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Page 1: 5 Smart Manufacturing Terms to Know

5

SMARTMANUFACTURING

TERMS TO KNOW

MonarchM

etal.com

Page 2: 5 Smart Manufacturing Terms to Know

How can manufacturing be smart if it doesn't have a brain?

Page 3: 5 Smart Manufacturing Terms to Know

Here's how it works...

Page 4: 5 Smart Manufacturing Terms to Know

Smart manufacturing uses fullyintegrated and collaborative

manufacturing systems to respondin real time to obstacles or

challenges faced by a factory.

Page 5: 5 Smart Manufacturing Terms to Know

These 'Smart' machines process data tostreamline production, respond to

customer demands, and reduce the risk ofproduct failures and safety issues on the

plant floor.

Page 6: 5 Smart Manufacturing Terms to Know

Ready to learn more about Smart Manufacturing?

Page 7: 5 Smart Manufacturing Terms to Know

Ready to learn more about Smart Manufacturing?

Here are 5 important terms to know...

Page 8: 5 Smart Manufacturing Terms to Know

The Internet of Things

Page 9: 5 Smart Manufacturing Terms to Know

What is it?

The Internet of Things, or IoT, is anetwork of devices, machines,

buildings, and equipment that canexchange data and information

digitally.

Page 10: 5 Smart Manufacturing Terms to Know

What is it?

The Internet of Things, or IoT, is anetwork of devices, machines,

buildings, and equipment that canexchange data and information

digitally.

Why does it matter?

It enables remote accessthroughout the network, allowingeach network-connected device to

communicate without manualinterference.

Page 11: 5 Smart Manufacturing Terms to Know

Machine-to-Machine

Page 12: 5 Smart Manufacturing Terms to Know

What is it?

Machine-to-Machine, or M2M,provides remote access to onemachine's data from another.

Page 13: 5 Smart Manufacturing Terms to Know

What is it?

Why does it matter?

It monitors machine performancethroughout the manufacturing

operation and ensures that all runssmoothly.

Machine-to-Machine, or M2M,provides remote access to onemachine's data from another.

Page 14: 5 Smart Manufacturing Terms to Know

Cloud Computing

Page 15: 5 Smart Manufacturing Terms to Know

What is it?

Cloud Computing is a phrase used todescribe a machine's ability to access

data via the Internet.

Page 16: 5 Smart Manufacturing Terms to Know

What is it?

Cloud Computing is a phrase used todescribe a machine's ability to access

data via the Internet.

Why does it matter?

It's useful in manufacturingbecause internet-based data can

be shared and accessed on animmediate and on-demand basis.

Page 17: 5 Smart Manufacturing Terms to Know

Preventive Maintenance

Page 18: 5 Smart Manufacturing Terms to Know

What is it?

Preventive maintenance is anongoing, planned process that

follows guidelines for inspecting,detecting, and correcting equipment

failure.

Page 19: 5 Smart Manufacturing Terms to Know

What is it?

Why does it matter?

Preventive maintenance is anongoing, planned process that

follows guidelines for inspecting,detecting, and correcting equipment

failure.

It eliminates unnecessaryinspections and maintenance tasks,

making operations more reliableand cost-effective.

Page 20: 5 Smart Manufacturing Terms to Know

Predictive Analytics

Page 21: 5 Smart Manufacturing Terms to Know

What is it?

Predictive analytics is an automatedprocess that looks at the history ofmachine failures to predict future

equipment issues.

Page 22: 5 Smart Manufacturing Terms to Know

What is it?

Why does it matter?

Predictive analytics is an automatedprocess that looks at the history ofmachine failures to predict future

equipment issues.

It compares machine sensor data tospot potential problems, giving

manufacturers the insight they needto better anticipate maintenance

and productivity issues.