There are many sources of error in manufacturing processes. The most common are human errors, machine errors, and material errors.
Errors lead to off-spec production which must be reworked – increasing the cost of production. Not only do errors increase production cost, they also have a ripple into other areas of the business like customer service, asset downtime, and regulatory compliance.
Asset tracking is making it easier for industries to identify opportunities to reduce errors and improve overall efficiency. By understanding where assets are and what condition they are in, companies can more easily make changes that will reduce errors.
Additionally, asset tracking allows for greater visibility into the movement of assets, helping to prevent losses and better manage resources.
A major concern in the Industry 4.0 ecosystem is the role of human operators and workers as a source of error.
No system can completely stamp out the risk of human error. However an asset tracking system can help make those errors visible quickly.
For example, by tracking machines needed on a production line, workers can get that machine in place in advance, preventing unplanned downtime. By tracking pallets that are moved to the wrong loading dock, site managers can know before an item is shipped in the wrong direction. Or, by tracking perishable goods, workers can know well in advance that the asset needs to be moved, refrigerated, etc. to avoid expiration.