PackIOT has been shortlisted for NOS and AWS innovation program on 5G

We are honored to announce that we have been selected to be part of the 5G Accelerator - Collaborative innovation program is an initiative by NOS and AWS (Amazon Web Services), in partnership with Startup Lisboa, to accelerate 5G transformation and innovation in Portugal. With much faster speeds (up to 10 times faster than 4G), low latency (instant and real-time response to any command), and the ability to connect millions of devices, 5G will be one of the main drivers of the digital economy. There were only 15 companies selected from a list of hundreds of competitors, and PackIOT is the only one focused 100% on technology for the manufacturing industry. "We are very excited to be part of this program. 5G technology is going to have a big impact on production processes and in the digital transformation of the industry. And this is all part of our mission and vision"- Cristiano Wuerzius, CEO of PackIOT. With this program, NOS and AWS intend to support the construction of an ecosystem of innovation and 5G entrepreneurship ecosystem in Portugal, leading the digital transformation and fostering the creation of opportunities associated with the new mobile technology.

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Lean Manufacturing Implementation: from zero to hero

For any type of business that wants to be successful, they will need to understand and fully implement the lean manufacturing principles. This is a business concept that has been around for decades but it is only now that the actual effects of the lean manufacturing method are being felt. If you go back to the 1970s, many large corporations tried to use lean manufacturing methods as a way to cut costs and improve productivity. But now, almost every major company that you look to for a new job or even an employee is doing this. What is Lean Manufacturing? Lean manufacturing, or Lean production, is a management philosophy from the Toyota Production System that focuses on reducing the seven types of waste (overproduction, lead time, transportation, overprocessing, inventory, motion, and defects). By eliminating this waste, quality improves and production time and costs decrease. Lean tools include continuous review processes (kaizen), pull production (in the kanban sense), and fail-safe elements/processes (Poka-Yoke). Lean Manufacturing was developed by Toyota executive Taiichi Ohno during Japan's post-World War II reconstruction period. The term was coined in 1988 by John Krafcik, but more clearly defined and popularized by James P. Womack and…

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How finance professionals play a key role on digital transformation in manufacturing

A worldwide survey by KPMG carried out in partnership with Forbes, entitled"Digital Transformation", pointed out that 79% of 261 CFOs had already started the digital transformation procedure in the companies they lead. The poll also showed that this movement has opened the way for the introduction of more advanced emerging technology such as large data, computer vision, and machine learning. These capacities can provide information and help companies respond more efficiently to business fluctuations. The intelligent automation provides professionals with the essential information-gathering tools for decision making and enables them to concentrate more on approach. "What we've seen, lately, is that this procedure has also been intensified in the finance function in the other organizations due to the urgent need for automation which has arisen in the face of the challenges imposed by the social distancing determined as a health measure to fight Covid-19", points KPMG. In our daily dealings with factories in a variety of areas of the planet, we've seen many fund managers who are more open to electronic transformation. The covid-19 pandemic has accelerated this process, sometimes in a tumultuous manner. But we believe it is a road with no turning back. Contracts are…

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Digital Maturity in the Packaging Industry Benchmark Report

PackIOT decided to create a Benchmark Report to understand how digital mature are the packaging manufacturers around the globe. The goal of this benchmark report is to help the packaging industries to have a better understanding of itself during the journey through Digital Transformation. If the Digital Transformation could be defined as the attempt of companies and businesses to use technology and tools to innovate certain processes and products within the enterprise environment, the Digital Maturity would be the stage that the company is during this transformation. A digital mature organization is more prepared to respond and take advantage of technological innovations.  And that is why you should get a full understanding of what is your stage of Digital Maturity and where you are among the whole packaging industries. To build a complete report, we are approaching themes like: the importance of a transparent, easy and accessible information flow inside the factory; how involving people with different specializations in specific projects can bring success to your company; real-time data collection to see the trends, get insights and identify what is harming the manufacturing proccess; using the fast information flow to act upon unexpected problems in a short period of time; and…

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The Cosmetics Industry Is Being Transformed By Industry 4.0

By Mariana Costa, Marketing Specialist at PackIOT Today, more than ever before, the beauty and cosmetics industry is starting to experience what it is like to have technological innovation at the heart of its value chain, contributing to higher performances, greater agility and flexibility. This not only applies to the consumer but also to the employees since it simplifies and facilitates their everyday and enables better ergonomics. What does innovating mean? Not only means to be able to rely on the expertise of the teams but doing so while adopting the latest 4.0 technologies with cutting-edge capabilities, to create the most efficient solutions and conditions both for employees and consumers. We have already mentioned several times how Industry 4.0 and technological innovation concerns all parties of the value chain and the different fields of an industrial group, such as: research and development, environment, design, production and digital, for example. It is also crucial for operations and performance management. This is an omnipresent component from design to distribution, product development and manufacturing. Production processes in the cosmetics industry will only become more networked. Centrally controlled plants will be replaced by production systems which allow the communication between machines,…

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When Is The Best Time To Integrate an ERP With Your Production Analytics Software?

By Fernando Pacheco, COO at PackIOT We have constantly been talking about how digital transformation in the industry should start with baby steps or pilot projects (or MVP, if you are already familiar with this concept). Manufacturing plants around the world have been looking for production optimization and Industry 4.0 solutions, and there is always one question on top of the decision tables: when is the best time to integrate an ERP with your production analytics software? We will explore this topic throughout this article but one thing is already clear: ideally, you should not integrate any new software with ERP from the start. Example: Are you implementing a MES or an IoT system? The first step is to make sure the roll-out will be a success. After, you can focus on the other integrations. 1_Each thing is a unique thing: ERP Enterprise Resource Planning is an information system that links all the data and processes of an organization into a single system. The interconnection can be seen from the functional perspective (finance, accounting, human resources, manufacturing, marketing, sales, purchasing, etc.) and from the systemic perspective (transaction processing system, management information systems, decision support systems, etc.). ERP is…

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The 8 Reasons Why Your Packaging Manufacturing Business Needs A Remote SaaS Service

By Mariana Costa, Marketing Specialist at PackIOT If you are here, it is probably because you are interested in building your factory’s own production metrics system. When trying to get more insights from your factory’s data, one thinks about a software that can be the right arm in this task. In this specific blogpost we asked ourselves: among all possibilities, why should you opt for a SaaS service and why is remote not a threat to the quality of the service? A remote software company is not physically based and more than 80% of the work is done remotely, even if, at some point, local visits are needed. Compared to the traditional models, a SaaS works particularly well based on a remote service. It is a type of software distribution and sales in which the software supplier is responsible for all the necessary structures to make the system available (servers, connectivity, information security care) and the client uses the software via the Internet, paying a fee for the service. For this set of reasons, it is possible to create an ecosystem, ready to support your manufacturing business without a set of strict and complicated rules and needs…

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How To Hire a Remote Software Service for your Plastic Tube Manufacturing Business

By Mariana Costa, Marketing Specialist at PackIOT It’s expected that at a certain moment of your plastic tube manufacturing business you will start wondering when is the right time to hire a remote service from a software company and how to do so. In one of the previous blog posts we had the chance to share with you an International Labour Organization study, in 2017, entitled: “Working anytime, anywhere: The effects on the world of work”. Long story short, this study shares very interesting data on how the model of remote work is influencing how companies are hiring professionals and project teams. Our goal with this post is to give useful information on how to proceed with the buying process of a software service, from the searching and finishing, including the project deployment in your plastic tube factory. A remote software company can be seen as a remote enterprise that offers a service beyond physical borders. Companies that follow this model do the majority of the work remotely with occasional local visits when needed. Now, we are ready to give you the list you will need to have with you: 1_Freelancers might not be the best long-term…

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Niched x Generic Solution: Which One Fits Best Your Factory’s Digital Transformation Journey?

By Fernando Pacheco, COO at PackIOT Find the right solution that really fits your digital transformation maturity/moment is not an easy task. But being honest, it neither does have to be a nightmare. First of all, we’ve been saying this for so long: industry 4.0. innovation and digital transformation are not only about technology but also highly committed and related to the culture of a company. After overcoming this stage of the cultural challenge, you will be able to pick the right suppliers to help you solve your factory's pain points. But should you choose a niched solution or a generically one?  (no matter the service you are looking for). This is a simple question to answer. Always choose the company/technology that has experience in your sector. Most of the time, niched solutions are adapted to address your needs because they were created to solve those specific problems exactly, already familiar to you and your factory. #1 How to find out if a company is able to help your packaging factory? Check out their cases: does the company have experience in your sector? Do you know their clients? How are they positioning themselves in the market? Ask…

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Deploying Industrial Analytics from Scratch (by Kudzai Manditereza)

Industrial Analytics has the potential to transform how organizations identify and eliminate operational problems that often arise in manufacturing plant-floors. Problems such as lack of visibility, unplanned downtime, low quality, and management of changeovers. Moreover, industrial analytics can help detect opportunities and/or issues that may have gone unnoticed. Examples include the detection of anomalous conditions in equipment and process data.  If operating your factory with the highest possible efficiency is what you yearn for, then there couldn't have been a better time than now for you to start on the path of understanding how Industrial Analytics work, and how they can help you transform the way you run operations.  In a nutshell, Industrial Analytics is a solution that helps you identify wastage in your factory. Wastage in the form of production defects, over-production, unplanned downtime, non-utilization of equipment, extra processing, inventory, transportation, and so forth. And once you've identified wastage, an analytics solution gives you the power to take action in order to reduce or eliminate that wastage. This article is meant to give you a guide on how you can go about deploying an analytics solution for your manufacturing plant. Let's first take a look at how…

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