{"id":1803,"date":"2022-06-20T14:46:31","date_gmt":"2022-06-20T19:46:31","guid":{"rendered":"https:\/\/pmpsolutions.ca\/?post_type=landing_page&p=1803"},"modified":"2023-04-13T13:02:38","modified_gmt":"2023-04-13T18:02:38","slug":"everyone-is-getting-on-the-industry-4-0-train-why-arent-you","status":"publish","type":"landing_page","link":"https:\/\/pmpsolutions.ca\/en\/landing_page\/everyone-is-getting-on-the-industry-4-0-train-why-arent-you\/","title":{"rendered":"Everyone is getting on the Industry 4.0 train. Why aren\u2019t you?"},"content":{"rendered":"

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Everyone is getting on the Industry 4.0 train. Why aren\u2019t you?<\/h1>
Do your competitors understand something you don\u2019t? Feel like you\u2019re missing the boat? Have they zeroed in on an opportunity you still can\u2019t see?\nSimply put, yes. And here it is.\n<\/div><\/div>
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\"Actionable<\/div><\/div><\/section>\n\n

Industry 4.0 is data<\/h3>

In the age of I4.0, sophisticated equipment such as your sorters and optimizers generate mountains of data. The challenge for everyone in the transformation plant is to make sense of that data and put it to use to reach business objectives.<\/span><\/p>\n

The industrial internet of things (IIoT) is one of the technological enablers of your understanding—one that can unlock better operations and higher profits, and one that will help you stay ahead of your competition.<\/span><\/p>\n

IIoT is a group of technologies that connects machines, advanced analytics, and people, driving positive actions. Together they form systems that can monitor, collect, exchange, analyze, and deliver actionable data<\/strong>.<\/span><\/p>\n

A 2021 <\/span>Gartner survey<\/span><\/a> revealed that 54 % of respondents want technological systems that improve the quality of work or business processes, while 46 % want to focus on improving the quality or speed of decision making (among their top three objectives). Which one are you?<\/span><\/p><\/div>\"Data<\/div><\/section>\n\n

GET A free PERSONALIZED EVALUATION<\/span><\/a><\/div>\n\n

Actionable data is business intelligence<\/h2>

Actionable data is information that can be acted upon or information offering enough insight that necessary actions are clear for decision makers<\/strong>. In other words, while actionable data is a product of big data, it shouldn’t be information stored in silos inside your mill (which is often still the case today).<\/span><\/p>\n

Actionable data is information that’s processed, analyzed, and presented in a clear, understandable, and often visual manner<\/strong>. It offers the ability to recognize mistakes and capitalize on new opportunities, to enhance performance, and to reach faster, more informed business decisions—all the way to the plant floor. Because, yes, every time your plant floor workers act or fail to act, they are figuratively making a business decision.<\/span><\/p>\n

In even simpler terms, actionable data is business intelligence<\/strong> (BI) and BI, nowadays, is like gold.<\/span><\/p>\n

Unfortunately, no matter the industry and IIoT systems in place, decision makers still struggle to make sense and capitalize on the wealth of business intelligence at their disposal.<\/span><\/p><\/div><\/div>

\"Actionable<\/div><\/div>\n\n
Download full article<\/a><\/div>\n\n
\"The<\/div>

BI must support your strategy<\/h2>

We’ve visited a good number of wood transformation plants over the years, so we believe to have a good understanding of how they run. Many of you reading this think their sawmill is unique, so no out-of-the-box \/ customer-off-the-shelf solution can meet all your needs. Yet, you see other plants modernizing and deploying new tools—you don’t want to be left behind, outclassed.<\/span><\/p>\n

However, first and foremost, before you adopt a solution (<\/span>PMP TeamMate<\/span><\/a> or otherwise), for the information you get out of it to be useful, it must support a strategy. Not just a plan or a project, but an overarching strategy. Only then can your KPIs be truly meaningful. In other words, if you don’t know what you’re chasing after, no amount of numbers will ever be useful.<\/span><\/p>\n

Through years of observation and experience, we’ve identified three basic strategies in mills:<\/p>\n