April 11, 2023
AI and Web3 breakthroughs excite the collective imagination, but often distract us from very real and high-impact innovations in more traditional industries. For example, a new report from ResearchandMarkets.com, MRO for the Manufacturing Industry Market Report 2023: Proliferation of Digital Transformation in MRO Processes Bolsters Growth, projects a significant transformation that will be taking place in factories worldwide. The report forecasts that the global market for maintenance and repair operations (MRO) will grow at a CAGR of 7.8% over this decade and reach $49.65 billion by 2030.
Manufacturers are harnessing IIoT to enable remote monitoring and repair processes. Being able to detect production anomalies that indicate equipment issues is critical to maintaining machinery uptime.
Beyond MRO systems, manufacturers can also tap onsite workforces to identify production challenges and evolve processes before they harm throughput.
The QAD Redzone Connected Workforce Solution helps manufacturers create a winning culture of continuous improvement (CI) by pairing Lean production techniques with a mobile app frontline teams use for collaboration, real-time performance monitoring, compliance, reliability, learning, and more. In addition, factories deploying the solution are coached by industry experts to ensure successful adoption of the platform and new standard work. When teams win together, their accomplishments are celebrated in different ways, from virtual high-fives and good catches on the QAD Redzone app to public acknowledgement on large screen displays and town halls.
QAD Redzone enables frontline teams and manufacturing firms to drive productivity, quality, yield, and equipment reliability, while also enabling a sustainable CI culture. Companies also use QAD Redzone to achieve environmental sustainability gains, such as reducing product waste and utility usage. Read the QAD Redzone 2023 Productivity Benchmark Report to learn more.