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Smart Manufacturing: Examples & Benefits

ProjectManager.com

Smart manufacturing is the same thing; it’s a way to produce better with emerging technologies. Just as a smartphone is a leap forward from the old-fashioned cell phone, so is smart manufacturing to traditional manufacturing. Of course, manufacturing has a long history and has made many advancements over time.

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Typical Challenges in Manufacturing Projects and Ways to Address Them

Epicflow Blog

The manufacturing industry faces numerous challenges that can affect the success of manufacturing project s, from supply chain issues to risks related to digital technology integration. Read on to arm yourself with the right knowledge and tools, and drive your manufacturing project s to successful delivery. Workforce Shortages.

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Projects and Cost Management

MPUG

Additionally, if our project produces a product, the associated material and manufacturing costs will impact the product’s pricing and sales. Once the product is created, it can be challenging to justify tooling changes or major manufacturing line updates. How much is the company investing in this project?

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Effective Manufacturing Operations Management in 2024

Epicflow Blog

Manufacturing companies continually seek ways to improve their processes, optimize costs, and increase competitiveness. There’s one more essential component that helps manufacturers reach their goals — manufacturing operations management (MOM). What Is Manufacturing Operations Management? Quality management.

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The 9 Biggest Project Management Trends in 2022

Inloox

AI, machine learning & automation. Lifelong learning & knowledge management. When traditional industries such as manufacturing or large, change-averse corporations began experimenting with it, one thing was certain: Agile is here to stay. Bigger focus on soft skills. Agile is here to stay.

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What Is Demand Planning? Tips, Strategies and Tools

ProjectManager.com

Once that is done, you can adjust sales and production planning to manufacture just the amount needed. Modeling: Feed your collected data into models such as algorithms and artificial intelligence that can predict the future demand for your product.

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The Basics: Artificial Intelligence for Strategic PM’s

The Strategic Project Manager

This post makes an initial attempt to describe what Artificial Intelligence is, where it might apply in the world, and the impacts to organizational strategy and project management. It follows up this initial attempt with actual Artifical Intelligence responses from ChatGPT. So let’s go right to the source!