Muda is the Japanese word for “wastefulness” and was initially popularized by Toyota as the main concept behind lean manufacturing. Muda refers to any activity that consumes resources without adding any value to the end product, including waste, overproduction, defects, unnecessary motion, or defects. By focusing on eliminating muda, Toyota achieved never-before-seen efficiency gains, solidifying […]
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Artificial Intelligence (AI) and Machine Learning (ML), are huge contributors in these advances and have revolutionized the way that software operates and functions for the manufacturing industry. AI and Machine Learning in ERP Systems Artificial Intelligence and Machine Learning have drastically enhanced ERP software in the following ways: 1. Simplifying Immense Data One of the […]
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To fully understand what Industrial IoT can do for operational efficiency, one must take a holistic view of its benefits. As previously discussed, Industrial IoT involves the connectivity of all aspects of a factory’s assets. This includes production equipment, inventory, supply chain, maintenance, quality and business operations. In past revolutions, specific linear progress was made […]
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Virtual • Dec 10–11, 2025
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Nov 5, 2025 • 10:00 AM ET
1-hour virtual session — Free to attend!