Trending February 2024 # 5 Ways To Improve Manufacturing Profitability With Smart Factories # Suggested March 2024 # Top 5 Popular

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According to Forrester, manufacturing firms are entering a world where the traditional barriers that separated customers, partners, suppliers and internal teams into silos no longer exist. All of these actors now operate in a dynamic ecosystem with customers at the center, dictating their needs and desires for others to follow.

Given that we’re on the cusp of this customer-centric approach, Forrester suggests that lean manufacturing will compel companies to re-examine their relationship with the customer and embed them more deeply in their internal processes. Manufacturing profitability will be driven by placing the digital core at the center of the Industry 4.0 revolution. And a customer-centric approach will demand agile, smart factories operating on a fully digitally connected system.

Here are five strategies that manufacturing companies can adopt to reduce costs, improve productivity and stay nimble in a new, customer-driven process.

Diversify Production

Here’s one way to build a customer-centric approach: Offer more product choices. The Forrester report suggests that since digitized processes lend themselves to more granular control, manufacturers should “tweak their operating model and build products customized to customer requirements with an acceptable lead time.”

Such granularity is forecasted to increase manufacturing profitability and asset ROI, but will also demand increased efficiencies all along the central nodes of the manufacturing processes — as you’ll see below.

Untether Asset Management

In the smart factory, information is vital currency, and embedded devices and equipment outfitted with sensors can deliver data that optimizes workflow processes. A smartphone such as the Samsung Galaxy Note9 can be docked with a handheld barcode scanner to track parts and supplies used to service and repair an asset.

Enterprise asset management software such as IBM Maximo can be outfitted onto rugged field-service mobile phones or tablets such as the Galaxy Tab Active2, and the robust processing power enables plant operators to handle all aspects of asset management on the shop floor without being tethered to a desktop at a central office. They can claim and check off work orders, complete service calls, and can even perform remote operations and asset monitoring for assets at different locations by logging into the company’s computerized maintenance management systems.

Plant operators can also use a mobile phone or tablet to review production units delivered by specific assets and any upcoming batch processes that might be on the horizon.

Get a Better Handle on the Supply Chain

A customer-centric approach to improving manufacturing profitability will likely further fragment the supply chain. This will necessitate tighter digital supply chain management. Barcode systems deployed on supplies, along with enterprise mobile data management, can provide supply chain managers with real-time information about asset and materials availability. This in turn can deliver efficiencies in small, custom-batch production.

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As smart factories lean in on granularity in manufacturing, mobile devices can keep active, real-time track of the supply chain to handle procurement and forecast and schedule batch production processes efficiently.

Enable a Bird’s-Eye View of Data

Plant operators in a smart factory can add valuable data to production processes through live reporting on events. If a quality control issue arises, for example, floor personnel can shoot a video of the faulty production process and attach it as a file to the workflow process management software. Similarly, mobile devices can support employee training on the shop floor.

When an employee logs in through the enterprise production management software, an asset management scan can alert them to gaps in the completion of necessary training modules and deliver relevant videos in real time.

Lean manufacturing can also use embedded devices to sync with mobile device management (MDM) solutions to ensure compliance with OSHA inspection, safety and audit checklists.

Perform Real-Time Analysis

A true smart factory is one where data is used not only to fix processes by doing rear-view reporting, but also to gather data from Industrial Internet of Things (IIoT) devices to apply corrections and continuously adapt operations. Over time, machine learning enhances production processes to operate almost autonomously.

Predictive analytics increases manufacturing profitability by anticipating potential breakdown of assets and triggering real-time alerts of such possibilities. This avoids expensive downtime, which can cost $260,000 per hour, and increases efficiencies when granularity is key. Equally important, predictive analytics taps into Big Data sets gathered from embedded equipment and retrofitted sensors. A low-touch, machine learning system scans and processes this data and can be programmed to trigger alerts (such as a text to a plant operator’s phone) in case critical operating parameters are exceeded. This means plant operators don’t constantly need to measure temperature or pressure of operating equipment; they can rely on digital solutions to play the role of a critical ally on the plant floor.

Lean manufacturing enables companies to develop a customer-centric approach by delivering transparency across the board, from supply chain to production workflows.

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10 Ways To Reduce Manufacturing Costs Using Mobile Devices

History books are about to get a little longer — a new industrial revolution is here. Industry 4.0 promises to revolutionize manufacturing by digitizing routine processes and empowering plant managers and personnel to make data-driven decisions. Mobile devices are widely seen as the conduit to such smart factories. By their very mobile nature and high computing power, mobile devices can deliver unprecedented efficiencies in manufacturing. Cut your manufacturing costs with one or more of these 10 methods.

Adopt Lean Manufacturing Principles

This will require giving up a piecemeal approach in favor of a complete digitization of all processes to place data front-and-center in manufacturing operations. Mobile devices including smartphones and tablets can process data generated at every stage of the manufacturing process to trim waste, improve efficiencies and proactively help plant personnel run operations almost autonomously.

Go Paperless Manage Inventory Efficiently

Use mobile devices equipped with barcode scanners to manage inventory efficiently. Mobile devices with inventory management software as part of the enterprise resource planning system can ensure that all products are available for a day’s production processes. If inventory runs below a preset level, it’ll save time by automatically connecting with suppliers to order more raw materials. Ordering inventory only as needed frees up cash flow and decreases manufacturing costs.

Strengthen Supplier Relationships

Make vendors and suppliers engaged partners in lean manufacturing processes by implementing electronic data interchange (EDI) software that keeps them in the loop. Allow vendors transparency into your supply chain processes so they can follow along when goods have run low, and be alerted when defective goods need to be replaced or niche supplies ordered at scale. Mobile devices facilitate the transfer of data, which is valuable currency in fostering healthy vendor relationships and reducing materials costs.

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Implement Predictive Maintenance

Use mobile smartwatches to receive alerts about potential equipment malfunctions. Smart factories develop machine learning models that use the Industrial Internet of Things (IIoT) data from embedded machines to predict when a machine is likely to fail. Continuous temperature scans from a motor, for example, can be inputted into the model, so when a predetermined threshold is breached, the system sends an alert to an operator’s smartwatch or other device. Such predictive maintenance increases manufacturing uptime and saves manufacturing costs.

Manage Assets More Efficiently

Use mobile devices to scan barcodes on manufacturing equipment to receive the latest updates about repairs, schedules for upcoming batch production processes, and a list of personnel qualified to operate the equipment. Plant managers who visit miles of manufacturing floors in one day can use asset management software to get information about whole suites of manufacturing equipment at one glance, which saves time gathering data from other sources.

Increase Employee Productivity

Outfit employees with mobile devices so they don’t waste time having to track and record data from a desktop computer in the corporate office or at a production floor docking station. Whether it’s sales personnel accessing customer invoices on the road or plant managers typing an email to an equipment service provider, such basic functions can (and should) be assigned to mobile devices so employees don’t need to take precious time away from the task at hand.

Improve Quality Control Procedures

Use mobile devices to record abnormalities in the production process so managers can keep a better watch on quality control. Video recordings and photos can be attached to sales and production order notes to document defects. This helps reduce production interruptions improve production quality.

Be Transparent

Deploy mobile devices to democratize the availability of data. Authorized plant managers and manufacturing personnel can access information about an entire production process and make data-driven decisions about which aspects of the work need to be fine-tuned. Such transparency also makes it easier for management to detect inefficiencies and thereby reduce manufacturing costs.

Be More Customer-Centric

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7 Easy Ways To Improve School

Like businesses and relationships, schools live and die (or pass and fail) by communication. So what can they do to make it better? The following are just a few things our school did to improve communication.

An endless barrage of emails, texts, handouts, and announcements can lead to a communication overdose. The message, scattered about, gets lost when there are too many outlets. The easiest remedy is to consolidate these communications in a single, consistent package. We called ours the Monday Memo. It contained operational nuts and bolts, calendar events and deadlines, observations and insights from the school leader and others, weekly goals (which were shared with students as well), and at least one professional article aligned with the school’s mission and vision. The Monday Memo was like a Napoleonic bulletin—it kept the troops well-informed and on the path to victory.

Note: Whenever possible, add a little levity. A cartoon or humorous story usually does the trick. A Monday morning smile can often carry a teacher all the way over to hump day.

2. The Huddle

At big schools with lots of grades, teachers often work themselves into silos. Freeing them from these silos is a scheduling challenge, but one well worth taking up. A teacher of ours came up with a simple solution: The Huddle. (We actually called ours “The Herd” because our mascot was a yak.) Once a week for just 15 minutes, we would all gather (with refreshments, of course) to share team plans and to look for opportunities for collaboration across grade levels.

And just like a football huddle, we would break with a unified clap.

Note: This can be accomplished electronically, but being eyeball to eyeball makes a world of difference.

3. Tea With Teachers

Once a month, I would meet with parents in the morning to discuss anything and everything having to do with the school. I called it Donuts With Dunbar. (We served lots and lots of coffee as well.) One day a teacher came up to me and asked, “Why don’t you ever have donuts with us?”

“Y’all are always too busy in the morning,” I said.

“Then let’s do refreshments in the afternoon,” she said. And thus Tea With Teachers, or TWT, was born. Unlike most faculty meetings, TWT was voluntary and the agenda was set by the participants. There were no time limits nor goals—only open, honest, real discussion.

4. Shout-Outs

There are a number of ways to acknowledge and celebrate best practices and excellence in schools. One of the best and easiest is the humble shout-out. Throughout the week, faculty and staff would submit nominations for academic, artistic, and cultural achievement. Every Friday, we would recognize those students, teachers, and community members who had gone above and beyond the call of duty. We would also note progress toward weekly and annual goals. It was a way of keeping all eyes firmly on the prize.

5. Art Jams

During the school day, it’s almost impossible to think creatively. Grading papers and juggling deadlines doesn’t exactly foster creative thinking. Yet such thinking is more important today than ever. So how and when do you generate new, innovative ideas? For us, it took place after school and off campus, surrounded by art and with plenty of adult beverages. Being an arts-integrated school, we called it an Art Jam. It was a time to brainstorm crazy ideas—ideas that might just lead to improved teaching and learning.

6. Social Media

A board member once asked me why I managed the school’s Facebook page. “Don’t you have more important things to do?” she asked.

“Believe it or not,” I said, “Facebook is one of the most important things I do.”

The principal is the vision keeper for a school. That vision has to be shared with all stakeholders. Social media—Facebook, Twitter, Pinterest, etc.—is one of the best ways to accomplish this. Use it to promote instructional best practices, to celebrate excellence, and to recognize all of the things that make your school unique.

7. Professional Culture Surveys

So with all of this improved communication, how do you know if it’s working? As with student achievement, there has to be an end goal or measure for success. At our school, we developed a professional culture survey and gave it out three times a year. It was anonymous, and the perception data was shared with the entire faculty and staff. We used the results to, among other things, further improve communication.

When it comes to communication in schools, less is not more, and more is not necessarily better. It needs to be systematic, intentional, and transparent.

5 Practical Tips To Improve Email Abandonment Campaigns

Ideas for improving Basket Abandonment Emails that are relevant to other types of email follow-up

On a recent webinar, a question was posed that I thought was worth a second look:

‘On an abandonment programme, sending a discount to encourage a purchase may not necessarily be a good idea, so what would be a good hook to get their interest peeked again?’.

This touches on another subject; the inevitable decline in response rates for basket abandonment emails. Some argue against this, but it is inevitable. I consider basket abandonment emails as just another product and therefore they will inevitably follow the same path as any other product, as illustrated in the classic graph below.

So, what can you do to ensure that your results do not decline?

5 Tips to improve email response rates for basket abandonment

Please excuse me for mentioning this, but have you got the basics right? Does your basket abandonment email include the products from the basket? Does the email link straight back to the saved basket? Are you using standard personalisation (e.g. Dear Matthew).Honestly, you’d be surprised how many mailers don’t, or aren’t able, to do this. If you fall into the former, then seriously, get another supplier, you will double conversion rates.

To be fair, this could easily fall into the basics. But whilst getting the basics right is as much to do with set-up as anything else, optimising your basket abandonment emails is post set-up and on-going. An untended basket abandonment email will wilt, mainly because your best customers, intrigued by the first one, will simply get used to receiving them.So what constitutes optimisation of behavioural email? Well, start by testing the usual suspects ( subject line, time sent, copy, creative) to get the best performance. I believe testing is even more valuable with trigger and behavioural email, because the learnings will benefit you for months to come.

Another very simple way to improve conversion rates is to send one, sometimes 2 follow-ups. Working on the basis that 50% of the recipients won’t open the email, and approximately only 5% will go onto purchase, a cleverly crafted follow-up should achieve 40% of the performance of the initial send

But I emphasis ‘cleverly crafted’… don’t bang out the same email to people who have opened, that is the way to turn relevant email into spam.

Or should I say ‘don’t rule out offers’. Firstly, decide what type of customer you want to encourage with an offer. Many online retailers focus on the 2nd sale, aiming to increase the repeat purchase ratio. Perhaps use offers here, and also use business rules on your database to make sure that customers only ever get an offer once.

Alternatively, cross sell with an offer, e.g ‘the item of clothing you left in your basket looks great with these shoes, 20% off’ or ‘people interested in this also looked at this…’. Product recommendations are also useful when seeking to increase engagement with basket abandonment emails. It may be that the abandoner did not find what they were looking for.

Once that is all in place, one thing to remind you of is that it is the communication itself that is the primary hook. The email is a reminder, a prompt, or even a disruptive influence on the decision-making process… remember the cliché – don’t ask, don’t get. The simple fact is that if you craft your emails carefully, then performance will improve.

3 Smart Ways To Change Netflix Billing Date

Why do you like Netflix? Is it because of various Netflix plans or the collection of amazing TV series? For me, it’s the ease of access to some exclusive features that no other OTT platform serves. One such setting is to change the billing date for a Netflix subscription. So, if your monthly salary date changes and you want to restructure your finances, Netflix understands you. In this article, we will discuss direct and indirect ways to change your billing date on Netflix. So, without any further ado, let’s begin.

How to Change Netflix Billing Date

Changing the billing date on Netflix is a straightforward task you can do from the account settings on Netflix. However, the feature is not available for every country. Therefore, you have to rely on some tricks that will change the Netflix billing date in unique ways. Let’s see how we can change the date for paying your Netflix bills.

Sign in to your Netflix account on a browser and go to your Account Settings.

Changing the billing date on Netflix will require you to pay for the gap immediately. Let’s say you are changing the date from 1st of November to 10th of November; you will have to pay for those ten days before continuing with the process. You can also choose to select the last day of the month option if it helps you keep your finances sorted.

This method is only applicable if you use a debit/credit card or PayPal for payments.

This feature is not available in all countries.

You can’t change the billing date on the billing date. It can be before or after the date.

Changing the billing date is not possible if your account is on hold.

You can’t change the billing date during a free period.

Your billing date can be a day before due to time-zone differences.

If your billing day comes on a non-repetitive date, like the 31st, it will be charged on the last day of the month.

If you are reading this article from a country like India or that do not present the “change billing date” option

What if The “Change billing day” Option is Unavailable

It is common among users not to have the “Change billing day” option on their accounts. It is because this function is not available for all the countries. Don’t worry though, here are a few secondary options that will ultimately change the billing date for you.

Yes, you read that right. It’s a smart way to get a new billing date. You will still be able to enjoy your subscription for the remaining days of the current plan even after cancellation. After that, wait for the preferred date to come and restart your membership. If you are having second thoughts to lose your recommendations, don’t worry. Netflix won’t delete your information and choices for ten months. Therefore, you can come back anytime in the period and restart your membership flawlessly. Here’s how to cancel your membership on Netflix.

Go to your Account Settings on Netflix.

Lastly, confirm your cancellation on the next page.

If you aren’t using an automatic payment method, you can forget about the membership for a while. Netflix will put your account on hold unless you pay the amount for the coming month. This way, you only have to pay when you want to watch something. Given that, the subscription will be active for the next 30 days from the day of payment. But, you won’t get charged unnecessarily even if you are not using Netflix.

If your subscription value doubles, you can expect the next billing day to occur in half time from your current date. So, changing the plan ten days before the due date will bring the next billing day on the 4th or 5th day. This calculation can be tricky; therefore, you must check it manually by accessing the “Change plan” page (visit).

Another noteworthy point is this trick is only applicable if you are upgrading the plan. There won’t be any difference in the billing date if you are downgrading the plan. So, if you decide to downgrade your plan, it will take effect in the next subscription period. You will still have all the benefits of the current plan for the running month.

You can quickly change your Netflix billing date from account settings, requiring you to pay the amount for the gap instantly. However, this method is only available in limited countries. In such cases, I recommend you cancel your subscription and take a break for a while before restarting it on your preferred date. Meanwhile, if you are also looking to upgrade your plan, the Netflix billing date changes automatically.

You will be able to use Netflix until your current plan ends, even if you cancel your subscription. The changes will take effect after the last day of the current cycle.

Does Netflix charge automatically? How many days does Netflix give you to pay?

If your current plan is exhausted and you haven’t paid the next fee, Netflix will hold your account for ten months. You can restart your membership at any time in that period without paying for the lost months.

Perks of Changing Netflix Billing Date

5 Ways To Use Chatgpt

In today’s world, artificial intelligence (AI) has become an essential part of our daily lives. Chatbots are one of the most popular applications of AI, and they have gained immense popularity over the years. One such chatbot is ChatGPT-4, which is based on the GPT-3.5 architecture. ChatGPT-4 is a state-of-the-art chatbot that has been trained on vast amounts of data and is capable of generating human-like responses to text input. While ChatGPT-4 is a paid service, there are ways to use it for free. In this article, we will discuss how to use ChatGPT-4 for free and get the most out of this powerful AI tool.

See More: How To Make Money With ChatGPT ($5.00 Every 5 Minutes) *Step By Step*

As ChatGPT-4 is not yet publicly available, there are limited ways to use it for free. However, there are some ways to use ChatGPT-4 for free or at a low cost:

Nat.Dev is a platform that provides free access to AI models, including ChatGPT-4. To use ChatGPT-4 for free on chúng tôi follow these steps:

Step 1: Go to chúng tôi and create a free account using a valid email address and phone number.

Step 2: Once you’ve created an account, log in to the dashboard and navigate to the “Models” tab on the left sidebar.

Step 3: In the “Models” tab, select “gpt-4” from the drop-down menu to access the ChatGPT-4 model.

Step 5: Wait for a few seconds, and you’ll get a response generated by ChatGPT-4.

It’s essential to note that when signing up for a free account on chúng tôi you need to use a real phone number for verification.

HuggingFace is a platform that provides access to various language models, including ChatGPT-4. To use ChatGPT-4 on HuggingFace, follow these steps:

Step 1: Go to HuggingFace and navigate to the “Models” tab on the top menu bar.

Step 2: In the search bar, type “ChatGPT-4” and press enter.

Step 3: Once you’re on the ChatGPT-4 page, enter a question in the “Input” field.

Step 4: Press the “Run” button to generate a response from ChatGPT-4.

Step 5: Wait for a few seconds, and you’ll get a response generated by ChatGPT-4.

Using ChatGPT-4 on HuggingFace is a simple and easy way to test the capabilities of ChatGPT-4.

OpenAI provides access to ChatGPT-3 for free, but to access ChatGPT-4, you need to either subscribe to ChatGPT Plus or purchase tokens in API. The common pricing for subscribing to the premium features of the chatbot is $20/month. To use ChatGPT-3 for free, follow these steps:

Step 1: Go to OpenAI’s GPT-3 Playground.

Step 2: Enter the text you want to generate a response for in the “Prompt” field.

Step 3: Select the model “davinci” from the “Model” drop-down menu.

Step 4: Press the “Generate” button to generate a response from ChatGPT-3.

Step 5: Wait for a few seconds, and you’ll get a response generated by ChatGPT-3.

It’s important to note that while using ChatGPT-3 on OpenAI is free, you’ll need to pay to access ChatGPT-4.

Microsoft Bing is a search engine developed by Microsoft Corporation, and it has integrated OpenAI’s language model, ChatGPT-4, into its search results. This means that users can interact with ChatGPT-4 directly from the Bing search engine without having to pay any additional fees.

See Also: 21 Innovative and Realistic Ideas to Make Money Using ChatGPT

As ChatGPT-4 is not yet publicly available, there is no direct way to sign up for a free account. However, you can sign up for a free account on OpenAI and access the basic version of ChatGPT-3. Alternatively, you can use other platforms like chúng tôi chúng tôi HuggingFace, or Binbg Chat to use GPT-4 for free. Note that GPT-4 is not free, and you must purchase a $20/month subscription to access the new AI model through ChatGPT Plus.

As of now, ChatGPT-4 is not publicly available for free use. However, once it becomes available, there could be limitations to using it for free. One of the limitations of using the Microsoft Bing chatbot, which uses GPT-3, is that it may not always provide accurate, relevant, or satisfactory responses to user inquiries.

Similarly, with ChatGPT-4, there could be limitations to the amount and type of data it can process and the accuracy of its responses. Additionally, using the model for free may come with restrictions on the frequency and volume of requests that can be made.

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