Optimizing supply chains with pro-active monitoring of inventory down to item level will allow analysis of important raw material and product integrity issues, proactively before they enter into production to allow optimal process yield optimization.
“ThinkIQ’s ability to track material flow through the entire process as opposed to just looking at individual equipment status is pivotal to transforming Smart Manufacturing today,” said Doug Lawson, Chief Executive Officer, ThinkIQ. “Our partnership with UST brings the best of ThinkIQ technology with UST’s understanding of digital transformation in order to deliver unprecedented traceability and insight into ways to improve yield, quality, safety and compliance while reducing waste and achieving Industry 4.0 status.”
