IoT and Asset Performance Management - a short story
One of the key use cases for IoT is in the area of machine and asset performance monitoring. One of my last projects was to have 125 NC (numerically-controlled) machines connected with real-time performance monitoring across 5 different locations in North America. The goal was to better understand their use, but also the down-time with a key focus on the reasons behind those lost hours. Some management folks saw this as an opportunity to monitor, and then improve, operator performance. The truth of the matter is that there were bigger savings to be found by solving the problems that kept the machines out of productive use. The article that follows is a simple narrative that comes to the same conclusion but using an example everyone can relate to. My experience also reflects their findings. Enjoy the article: https://tulip.co/blog/uncategorized/dishwasher-asset-performance-management/ Source: IHS Markit, DOE “Human Performance Improvement Handbook”, Noria research