Many smart factory implementations are performed with a single goal in mind, such as implementing predictive maintenance to increase OEE. That is certainly a worthwhile project and goal! But a myopic focus on single metrics misses many different opportunities for improvement on the shop floor, the supply chain, and the overall impact of the company. It is possible to utilize these projects to impact each of the triple bottom line goals - Profits, Planet & People.
Whether you are considering getting started on a digital transformation in manufacturing or are already underway, it is fine to start small, focus and drive success. But you should also think BIG about the potential impacts of these solutions and how to take full advantage of the capabilities they provide.