OEM software is rapidly advancing using Industry 4.0 innovations, bringing digital technology front and centre in the future of OEM.
Smart inventory systems, including computerised maintenance management systems (CMMS), provide greater control and planning of these necessary OEM business costs. A CMMS can plan stock levels based on actual expected business needs and coordinate purchase orders and picking around jobs. This reduces stock levels and their inherent tied-up capital and operating costs. This OEM software can also plan machine maintenance based on operating conditions or fixed schedules.
Artificial intelligence is permeating our lives, and this includes original equipment manufacturing technology. AI can predict required maintenance, spot quality defects invisible to the human eye, identify trends within reams of data, and optimise scheduling. The future of manufacturing stands to see AI play a large role.
IIoT devices and cloud computing allow the monitoring and controlling of manufacturing processes from anywhere. This allows checking on different branches of your company from anywhere in the world but also lets operators on the floor receive machine updates and alerts on their smartphones.