Optimize Production Processes with Asset Data

This transcript from a Plex webinar highlights the importance of optimizing production processes by leveraging asset data. The speaker uses an anecdote about a bakery’s malfunctioning ovens to illustrate how unmanaged machine health leads to significant issues like unplanned downtime, increased scrap, and financial loss. A key solution presented is moving beyond reactive or even preventative maintenance towards condition-based maintenance, which utilizes real-time data to schedule maintenance only when necessary, ultimately improving equipment reliability and reducing downtime. The discussion emphasizes that a smart manufacturing platform is crucial for connecting various systems and providing actionable insights to drive continuous improvement based on accurate data and worker engagement.