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Digitization, Industry 4.0 and the Industrial Internet of Things (IIOT) are buzzwords we hear quite often today. What do they mean for the wire processing industry? How will digitization affect our business, and how will we measure our performance?
Many companies routinely hit capacity constraints and immediately consider adding overtime for existing workers, hiring workers for a new shift, or buying a new line. Relatively few companies have made the more modest investment that is required to optimize the performance of their existing lines.
Multistation automated assembly systems are a wonder to behold. A well-designed system can mass-produce hundreds of assemblies per minute with minimal human intervention.