Factory overhead is any cost other than direct materials or direct labor, such as electricity, incurred while manufacturing inventory. Work-in-process inventory is what a company has started ...

Every factory since the start of the industrial revolution has shared one very specific trait: tooling sets the identity of the machines, and thus the factory. To create a specific part requires ...

Smart factories represent an evolution from traditional manufacturing, transforming automated processes into fully digital, interconnected, and adaptive production ecosystems. Leveraging advanced ...

Today’s manufacturing CIOs are responsible for a wide variety of issues on the shop floor, ranging from IoT security to supporting business operations and modernizing the smart factory. A key focus ...

Recently, defect detection systems using artificial intelligence (AI) sensor data have been installed in smart factory manufacturing sites. However, when the manufacturing process changes due to ...

The system allows users, integrators and partners to take production data from factory floors and generate browser-based visibility into enterprise operations — within minutes. It enables ...