Labor efficiency measures how well employees accomplish tasks in comparison to industry standards. To calculate it, use this labor efficiency variance formula.
Labor productivity is measured by evaluating the efficiency of workers in producing goods or providing services. Learn how it’s measured on industrial work sites.
Learn how and why adopting an IIoT platform with powerful automation features drastically improves and streamlines plant operation management.
The development of IoT in mining has changed how operations are handled, effectively reduced workforce needs, and improved overall accuracy. Learn more.
As technology continues to advance at an unprecedented pace, digital twin software has emerged as a revolutionary approach to optimizing and streamlining various aspects of an industrial worksite.
The Internet of Things refers to an ever-growing network of internet-capable devices that can communicate with each other. Smartwatches, fitness trackers, smart speakers, smart doorbells, thermostats, and pacemakers are all examples of commonly-used IoT devices.
Understanding the components of OEE (Overall Equipment Effectiveness) can help you drive continuous improvement initiatives to boost equipment effectiveness and efficiency, resulting in increased profitability.
Overall Equipment Effectiveness (OEE) is a crucial metric for evaluating the efficiency and productivity of your manufacturing processes.
One thing is clear: the impact and importance of digitization in the chemical, oil, and gas industries cannot be overstated.
In part 4 of this series, we will dispel myths about wearable IoT technology for industrial sites. Safety wearables gather critical […]
Every owner and contractor is familiar with the insurance coverage and certificates needed for a construction project. In construction, coverage and […]
In part 5 of this series, we will dispel the myths about worksite labor data collection including wearable technology for worksites. Labor productivity data […]