Project 2 - A project on creating Key Performance Indicator (KPI) dashboard for an Automotive Manufacturing company

Industry 4.0 Implementation - The Core building blocks of Industry 4.0 are 1) Autonomous Robots. 2)AR /VR 3) Big Data Analytics 4) IIoT 5)Digital Twin 6) Cloud 7) Additive Manufacturing 8)Horizontal & Vertical Integration 9) Cybersecurity.

Industry 4.0- IT Infrastructure -are 1) IT & OT Integration 2) Machine to Machine Communication- physical 3) Machine to Machine Communication- Internet 4) Horizontal Integration 5) Vertical Integration and 6) Leveraging Cloud Technologies.

Main KPIs- KEY PERFORMANCE INDICATORS-are 1)OEE- Overall Equipment Effectiveness 2) Variable & Fixed Cost 3)Energy 4) Safety Incidents and 5) Rejection.

OEE- Availability = Run time/ Planned Production Time

OEE-Performance=( Total count / Run Time) / Ideal Run Time

OEE- Quality =Good Count / Total count

OEE = Availability X Performance X Quality

Steps to using KPIs and Dashboards for problem-solving on the shop floor are 1) Leverage the Technology and Tools 2) Learn to Analyze the Data 3) Find the Root Cause 4) Find the Solution and 5) Capture the Corrective action.