According to Worldwide Digital Transformation 2018 Predictions, by 2019 total digital transformation spending will reach $1.7 trillion, more than double the GDP of the three Southeast Asian countries: Thailand, Philippines and Vietnam; 35% of the world’s big manufacturers will use smart manufacturing solutions; 75% of big manufacturers will rely on Internet of Things (IoT) and big data analysis for fast and efficient product launches.
Smart manufacturing is the concept of applying information technology to manufacturing technology to optimize processes, improve efficiency, minimize waste, analyze information support decision making and predict to adapt to the market, improve efficiency and reduce risks.
Operation Monitoring, or Manufacturing Operation Management (MOM) is the most important level in smart manufacturing, which is digitizing the manufacturing process from the manufacturing data collection generated. , optimization of manufacturing planning and schedules, quality assurance of manufacturing, and provision of transparent information for Managers.
To achieve this, it is necessary to apply the following technologies step by step:
With the ongoing Industrial Revolution of 4.0, smart manufacturing is changing the way we think, from design to production, distribution and operation, to maintenance in every industry worldwide. Therefore, the expectation of Vietnam’s “cheap labor” competitive advantage is no longer there. Thus, the manufacturing enterprises have to change, identify its objectives, research and apply each step to continue to improve and maintain its competitive advantage based on efficiency, quality and a progress by smart ways.