Control loop of the modern production IT
The "Smart Factory Elements" model envisages the following control loop: ´First of all, production is planned (Planning & scheduling) based on specifications from different sources. Next, the planning is integrated or performed (Execution). The data collected is analyzed (Analytics) in order to make predictions which, together with other findings, can then be included in planning. The fifth element, the Industrial Internet of Things supports this cycle by collecting and providing all sorts of data.
A large part of these tasks can be perfectly mapped with a Manufacturing Execution System (MES) such as HYDRA - for the rest of the tasks, new products will gradually come onto the market.
Further information and White Paper
You can find details regarding „Smart Factory Elements“ on the White Paper at:
http://mpdv.info/pmhmisfeen