Optimized Smart Manufacturing Solution for Theory of Constraints based Efficiency Monitoring System (OTBEMS)

Abstract

The purpose of every business organization is to improve profitability and retain its competitiveness. To achieve these manufacturing industries look for the latest tools and improvement methodologies to increase their effectiveness. Theory of Constraints (TOC) is one of the very popular and widely used improvement tools that view any manageable system as being limited in achieving more of its goals by a very small number of constraints. TOC uses a focusing process to identify the constraint and restructure the rest of the organization around it. Industry 4.0 takes the industries to the age of Cyber-physical systems. This paper provides an optimized smart manufacturing solution that derives the benefits of both TOC and IoT (Internet of Things) World. A new toolkit XBK (Extended bridge kit) is introduced in this system. XBK introduces flexibility in the IoT implementation. This experiment is conducted in a real-time test environment.