Processors must juggle multiple projects, technical specifications, and a variety of lead times. Many processors have found themselves challenged to gain a complete picture of what it truly costs to manufacture and deliver finished products to their customers. Often, data from the shop floor gets unused or is not timely enough to make impactful decisions. This data, however, is one of the keys to unlocking a product and customer mix that produces the most profit. By leveraging tools such as Industry 4.0 and Artificial Intelligence (AI), plastics processors can pull, aggregate, and present information from disparate sources that will provide meaningful information to managers and decision-makers.
During this presentation, the Wipfli team will provide thoughts, ideas, and case studies around the following: