INDUSTRY INSIGHTS FROM, Mr. Willson Deng, CEO at Arcstone
By Ashwini Balan, Eastern Trade Media
An industrial engineer by trade, Mr. Willson has implemented improvement projects in manufacturing industries ranging from aeronautics to smart meters, wineries, gourmet chocolates, glass production, and pharmaceuticals. Mr. Willson founded Arcstone in 2013 after he had been designing production simulation software for the world’s largest bio-manufacturers. Mr. Willson continues to drive a data-centric manufacturing revolution in Southeast Asia, encouraging like-minded companies to upend the status quo for manufacturing enterprise solutions through the Singapore Manufacturing Consortium (SIMCO).
The questions that did not make it to print, we are sharing with you exclusively here:
1. Why is data significant in transforming the manufacturing industry?
With most industries moving towards digitalisation, it is important for the manufacturing industry to keep up with the trends, or risk falling behind. Manufacturers have a tremendous opportunity to holistically analyse all data from the procurement, production, and distribution processes. While the volume and variety of data pose significant challenges, the potential gains for manufacturers in boosting overall productivity and profitability can be massive.
Data can be used to streamline processes, and through an intuitive solution, it simplifies the day-to-day operations, providing data to drive growth and allow for employees to monitor across the supply chain for productivity, quality, and the ability to deliver the necessary goods.
Onn Wah Tech for example, one of Arcstone’s long time customers have leveraged our manufacturing execution system to go “paperless” on the shop floor. Not only does this provide an immediate ability for managers to visualise and tackle productivity and capacity improvements across their manual and automated processes, but it also brings everyone onto the digital transformation journey. “Users are able to request or suggest [new] solutions, meaning they now appreciate the benefits of an MES,” says Mr. Mok Hon Yong, Chief Strategy Officer at Onn Wah Tech. Data is an organisationally transformative toolset for not just dollars and cents improvements, but enables continuous improvement through new technology by using this data as a foundation.
2. What are your forecasts on how the world and manufacturing industry will move forward in 2022?
We do see two major pillars around sustainability and data transparency that will impact the way the manufacturing industry will develop.
In today’s climate, the responsibility of sustainable production is as relevant to a small business as to a larger organisation. Through data, manufacturing practices can be adjusted to ensure that businesses are environmentally responsible in accordance with global efforts to measure the progress of sustainable initiatives against clear goals. In terms of perception, it also demonstrates that MNCs are ethical and focused on more than financial growth.
Manufacturers are constantly on the lookout for ways to lower the operational cost for manufacturing activities but are always faced with challenges such as waste generation, which decreases productivity, and increases energy consumption. With industry 4.0 facilitated by technologies like IoT, AI, ML, Machine Vision, and Data Analytics, manufacturers can look towards developing new equipment at a lower cost thanks to the efficient use of resources and energy.
At Arcstone, we see sustainability as encompassing business, education and research. By bringing visibility to the entire manufacturing process, we raise efficiency, reduce waste, and create an environment conducive to green production. We are not focused on profit alone but aim to advance the manufacturing industry by considering it within the bigger societal picture.
Data transparency across the supply chain is rapidly becoming a priority for manufacturers as they are starting to realise the advantages of having and sharing certain information with trading partners and consumers. By providing transparency, manufacturers can connect with consumers, build trust, achieve better visibility across all parts of the supply chain to drive production, increase product safety, implement better integrations and be more cost effective.
As consumers and governments are increasingly demanding more insight into supply chains and related operations, manufacturers have little to no choice but to increase data transparency across the supply chain. Manufacturers are also realising the importance of end-to-end digital thread as they face the pressure to dramatically reduce product development cycle and production ramp times while also enhancing product quality and reliability. With digital thread, it reduces the time from months to weeks. By having full visibility into the material costs and suppliers, this also allows manufacturers to pivot and keep production moving even when faced with challenges.
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