b'The main concept for the factory of the future is that the onlyfixed things in the factory are going to be the walls.ledge base, predictive maintenanceand make correct choices early onand Sandvik Coromant Co. is head-is possible, such as changing a me-getting it right from the start,quartered in Fair Lawn, New Jersey.)chanical component before it fails. said James Thorpe, global productHe said key preparation compo-You work toward intelligencemanager for Sandvik Coromant U.K.nents include method optimization and wisdom, he said. You want to(Hes based in Leicester, England,and automated tool and cutting be able to forecast the trend of your machine and look into the future.Being inundated and incapac-itatedwithtoomuchdatacan be avoided by implementing the proper strategy. For example, Car-ranco said its virtually impossible to manage one record at a time and evaluate production status.Thats why we provide the so-lutions to tell that you have this big data set and dont worry about these 100-plus or 1,000-plus re-cords, he said. Just be concerned about these five because they are not good.Carranco said managing by ex-ception is possible with technolo-gies, such as the Industrial Inter-net of Things and ERP software, be-cause they are interconnected by design. The goal is to ensure that activities go as planned.And if they go in a certain way, you are guaranteeing the quality is good, delivery is good, pricing is good, he said. Its supposed to be good because you have that10,335,870defined already. When things start going not according to plan, its when actions need to take place.Start SmartTo achieve high-efficiency gains, part manufacturers must prepare about the author Alan Richter is editor-at-large of CTE. Contact him at alanr@ ctemedia.com.ctemag.com/cteguide.com17Indy40.indd 17 7/19/21 10:56 AM'