Article Courtesy of Videojet

How IIoT capabilities can help improve productivity?

Fast Moving Consumer Goods (FMCG) brands that once enjoyed healthy mid-single-digit growth or better have encountered challenging headwinds recently. In this pressurized marketplace, lean manufacturing is becoming more and more crucial. And technology – especially internet-connecting technology – is key to such efforts.

The business press frequently writes about the industrial Internet of Things (IIoT), the fast-growing interconnectedness of the machines and systems that shape our businesses (and our lives). But the shining examples we read about tend to involve very expensive pieces of capital equipment such as combine harvesters, mining equipment and aircraft engines.

So while the IIoT may seem less relevan to the FMCG packaging line, especially for smaller companies, it’s not. Even small
consumer packaged goods (CPG) companies must recognize advancements in technology that can minimize IT intensity and fit within their budgets and scope.

Furthermore, this thinking can inhibit the consideration of new lean technology. Plant teams may consciously avoid initiatives that involve significant IT resources, as these initiatives may be viewed as a “luxury” beyond the core mission of quality, delivery, inventory and productivity.

Read More to find out how the IIoT can help enable lean practices on your packaging line.