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How to Define, Estimate, and Prove Out the Value of Smart Manufacturing Technologies

EAST Session: Abstract : Manufacturers are keen and pragmatic on how their capital is used to advance their state of manufacturing. And it is clear to them how investments in physical assets bring operational value. What is not so clear is the value-add of technology to their operations. In this session, you will learn how to translate the value of technology to operations to facilitate internal planning and justification for technology investments. You will learn how to build a business case around technology to show the expected value and ROI of that investment. Using this approach, the project team can report the financial gains to key constituents to help with continued funding and support. Significance/Importance : Manufacturers are keen and pragmatic on how their capital is used to advance their state of manufacturing. And it is clear to them how investments in physical assets bring operational value. What is not so clear is the value-add of technology to their operations. In this session, you will learn how to translate the value of technology to operations to facilitate internal planning and justification for technology investments.

Unlocking Insights: Revolutionizing Aerospace Manufacturing with Digital Threads

EAST Session: The aerospace manufacturing industry faces significant challenges, including the need for increased efficiency, flexibility, and cost reduction. Join us as we explore a real manufacturing scenario to see how vertical data integration from IT to OT can transform these challenges into opportunities. By connecting information silos throughout the manufacturing process, we enhance traceability and collaboration. Utilizing digital twin technology and smart manufacturing solutions enables virtual testing and optimization, helping validate part programs early on. Automation benefits, such as improved precision and consistency for example through advanced robotics, minimize human error and labor costs while increasing productivity. This integration fosters a data-driven manufacturing environment, driving innovation and competitiveness in aerospace manufacturing.