Category: Cyber Security

In the rapidly evolving landscape of manufacturing, digital transformation has emerged as an imperative for organisations to remain competitive and achieve sustainable growth. As Saudi Arabia embraces its ambitious Vision 2030 agenda, digital transformation plays a pivotal role in driving economic and social progress.

Embracing digital change equips organisations with the necessary tools to adapt to future technologies, foster enhanced efficiency, productivity, and innovation. It becomes the key to unlocking growth and success in the dynamic landscape of Saudi Arabia, where the transformation of traditional manufacturing practices is essential for growth.

The Saudi Manufacturing Conference 2023 provided a platform for manufacturers to explore ways to level up in this ever-changing industry. In this article, we will delve into how Anaplan, a leader in connected planning, paves the way for digital transformation, offering collaborative, end-to-end supply chain solutions. We will explore how organisations can capitalise on the opportunities presented and achieve their goals in the rapidly advancing manufacturing ecosystem of Saudi Arabia.

Supply Chain Planning: From Silos to Seamless Collaboration
Supply chain planning lies at the core of efficient manufacturing operations. Despite this importance, many organisations still rely on traditional methods, such as Excel, leading to siloed and disconnected planning processes. The heavy reliance on spreadsheets can impede sustainable growth, as isolated planning practices, bottlenecks, and delays hinder decision-making and responsiveness to market changes.
Anaplan provides a transformative solution by offering collaborative, end-to-end supply chain planning applications. The enterprise planning solution allows organisations to gain a tighter control over corporate data, offering flexible security levels that enable safe participation in the planning process while tracking all changes for audit purposes. Anaplan’s platform simplifies data management, boosts productivity, and shifts the focus from data upkeep to data analysis, empowering organisations to become more agile and proactive in their planning approach. By embracing Anaplan, organisations can break free from the limitations of spreadsheet-based planning.

But that’s not all – Anaplan also empowers enhanced efficiencies across all functions, ensuring a seamless and connected planning solution. Anaplan has the versatility to connect with various functions like Finance, Workforce Planning, and Sales & Marketing. By utilising these different modules, businesses can eliminate silos, and establish a holistic approach to planning.

Embracing Advanced Technologies for Manufacturing Maturity
As Saudi Arabia strives to drive maturity in the manufacturing sector, embracing advanced technologies becomes a crucial aspect of digital transformation. Anaplan aligns perfectly with this vision, offering a platform that incorporates artificial intelligence (AI) and machine learning (ML) capabilities.

PlanIQ empowers users to connect large volumes of historical data with internal data, enabling precise forecasting. Forecasting accuracy is a critical factor that influences the efficiency of the entire supply chain. Plan IQ provides a full suite of advanced AI/ML forecasting models, ensuring access to the best-of-breed forecasting methods for better results. These advanced tools and features solidify Anaplan’s position as a versatile and capable platform, addressing a wide range of needs and complexities for businesses seeking success.

Ambition of people and the potential of our younger generations: Empowering the Future Workforce:
The success of any digital transformation initiative relies on the capabilities of the workforce to adopt and implement new technologies. Educating the local workforce on emerging technologies becomes vital to ensure a seamless transition.
Anaplan’s zero code technology offers a user-friendly platform that requires minimal technical expertise. This means that even employees without extensive programming knowledge can leverage the power of Anaplan to streamline supply chain planning. By investing in training and upskilling, organisations can create a future-ready workforce that is proficient in using innovative planning tools like Anaplan.

The Saudi Manufacturing Conference 2023 provided invaluable insights into the significance of digital transformation in the manufacturing sector, presenting many opportunities for businesses in pursuit of their Vision 2030 goals. If your organisation is seeking a game-changing solution to overcome the challenges of modern supply chain planning in manufacturing, we invite you to connect with one of our experts at www.anaplan.com.

Leveraging IoT for Sustainable Manufacturing: Benefits and Applications

The Internet of Things (IoT) is completely transforming the way businesses are being carried out, especially in the manufacturing industries. It’s a key player in reshaping the industries globally, and the manufacturing sector leverages this technology very efficiently.

But what exactly is IoT? IoT technology refers to the network of objects that have sensors and technologies integrated in them for the purpose of transferring data across other systems over the internet.

As for IoT’s role in the manufacturing industry, it majorly contributes towards promoting sustainable manufacturing practices. When IoT devices are utilised in manufacturing processes, companies can improve in terms of efficiency, effective utilisation of resources and environmental impact.

The subsequent points elaborate on how IoT contributes to enabling sustainable manufacturing practices:

1. Improved waste management:

Many manufacturing industries deal with the issue of waste management and IoT is here to mitigate this issue by introducing real-time monitoring and optimisation capabilities. Through the effective utilisation of IoT sensors, manufacturers can track various waste management processes, leading to minimised waste and better environmental impact. These sensors are instrumental in monitoring waste levels, thereby reducing waste overflow.

By enhancing waste management, IoT products encourage us to create a green economy by promoting practices like recycling, responsible waste management, etc.

2. Enhanced emission monitoring:

Greenhouse gas emission sources in manufacturing industries are one of the major reasons for the depletion of the environment, and network IoT assists in keeping the levels of these gases in check.

By consolidating both Smart IoT sensors and data science tools, environmental monitoring can be made easy. These tools are capable of reporting with maximum accuracy, the levels of gas emissions produced by engines and facilities. Thus, it provides you with reliable information about GHG emissions across all possible channels.

3. Comprehensive supply chain and fleet management:

Another major role of IoT products in sustainable manufacturing includes in fleet and supply chain management.

In fleet management, smart tools can integrate GPS to track the vehicle’s location and health and important elements like fuel consumption, and alert if there is a need for maintenance. In addition, route planning can help optimise fuel usage as well as reducing harmful emissions let out when the car is left idle.

Whereas in supply chain management, smart IoT sensors can be leveraged to monitor the temperature and humidity of the produce while it is being transported, and send out alerts to the staff if any problem arises.

4. Establishing high quality products:

Manufacturing superior quality products is one of the main aims of a manufacturing industries and network IoT enabled sensors facilitate in achieving that aim. These sensors detect the change, if any, in the product composition and send signals to the assigned operators.

Through this, high-quality products can be established that in-turn improves customer satisfaction, reduces waste and boosts the organisation’s profit.

5. Minimising downtime to a vast extent:

Manufacturing of superior quality products isn’t enough, what’s more important is the completion of production on time without any hitch in the process. If the machines tend to deteriorate before the completion of production, it can cause brutal losses.

The IoT system comes to the rescue yet again by preventing manufacturers from such losses. When IoT induced sensors are integrated in the machines, an alert signal is transmitted when its performance relatively declines. Having these issues detected in advance helps in faster production and reduces severe losses as well.

From the above-mentioned points, it’s evident that IoT solutions are positively impacting sustainable manufacturing to a great extent. The implementation of IoT in the operations of the manufacturing industry is expected to result in significant growth in the coming years.

Conclusion:

In conclusion, IoT in manufacturing industries globally is expected to generate a revenue of approximately 80 billion by the year 2026, establishing a CAGR of around 11% from 2021 to 2026. This proves that IoT is only going to make things swifter and easier for the manufacturing industry. By reducing green house emissions, early detection of faults and preserving the quality of products, IoT is gaining recognition in various industries. The potential of the IoT system in contributing to a greener economy will soon renew the image of all industries across the world.

Moreover, The upcoming 23rd Edition of The Saudi Manufacturing event could be a remarkable opportunity for you to grow your manufacturing industry through heaps and bounds by learning from industry experts on how to inculcate such advanced technologies into your operations.

contact us at Exito Media Concept Pvt Ltd

Saudi Arabia has been investing in advanced manufacturing technology as part of its broader economic diversification efforts. Some key areas where the country has made significant progress include automation technology and automated manufacturing.

One example of this is the development of the King Abdullah Petroleum Studies and Research Center (KAPSARC), which is a research institute focused on advanced energy technologies. The center has a state-of-the-art manufacturing facility that uses automation and advanced manufacturing technologies to produce a range of energy-related products, including solar panels and wind turbine components.

Another example is the establishment of the National Industrial Clusters Development Program (NICDP), which is a government initiative aimed at promoting the growth of key industries in the country, including advanced manufacturing. The NICDP has supported the development of several industrial clusters across the country, including the Advanced Manufacturing and Technology Cluster in Riyadh, which is focused on developing technologies such as 3D printing and robotics.

In addition to these efforts, the Saudi Arabian government has also been working to improve the overall business environment in the country to make it more attractive to manufacturers. This has included efforts to streamline regulations, improve infrastructure, and provide incentives for businesses to invest in the country.

Overall, it is clear that Saudi Arabia is making significant progress in the area of advanced manufacturing technology, and the country is well positioned to continue to grow and develop as a hub for manufacturing in the future.

Learn More at the Saudi Manufacturing Show happening in Riyadh, Saudi Arabia on 17th & 18th May 2023.

Visit Website – https://saudimanufacturingshow.com/

Enquire – enquiry@exito-e.com

Saudi Arabia has issued permits for 725 industrial projects worth an accumulated SR1.37 trillion ($265 billion) in the first nine months of 2022, according to data from the Ministry of Industry and Mineral Resources.
This comes as the Kingdom is pushing to develop domestic industrial and manufacturing sectors as part of its strategy to diversify away from the oil-based economy. In September alone, the ministry issued permits for 79 industrial projects estimated to be SR3.1 billion with up to 1,882 licensed workers, the data revealed.

While national investors accounted for 84 percent of the projects in September, 16 percent were foreign-owned or joint ventures with foreign nations.
Moreover, as many as 68 factories started production in September with a volume of investment of SR3.5 billion. The data revealed that the commencement of those factories also generated up to 4,219 jobs during September. By the end of September, the total number of industrial projects in the Kingdom hit 10,728, up from the 10,192 recorded same period a year earlier, according to data.

In August 2022, the MIMR announced that the Kingdom issued permits for non-oil industrial projects worth an accumulated SR4.1 billion, MEED reported. Some 115 licenses were issued for non-oil industrial projects — 20 percent higher than those granted in July. Toward the end of August, the total number of industrial units in the Kingdom reached 10,707. Until September, the licensed projects covered several small and medium industries, including metals, chemicals, home appliances, paper, etc.

Saudi Arabia is set to become the world leader in sustainable metal production as the Kingdom explores its mining potential, according to Khalid Al-Mudaifer, vice-minister for Mining Affairs, Ministry of Industry and Mineral Resources. He further emphasized that the economic diversification was in line with the goals outlined in Vision 2030. Saudi Arabia would target an estimated US$1.3 trillion in mineral wealth hosted by the underlying Arabian-Nubian Shield.

The mined products would feed into a “mid-stream” manufacturing sector for which the government expects to attract $32 billion of investment on its own, and already includes foreign direct investment for a $4 billion steel plate mill complex and a $2 billion electric-vehicle battery plant.

Saudi Arabia is quickly becoming a major player in the global technology manufacturing industry. With its strong economy, supportive government policies, and strategic location, the country is attracting investment from leading technology companies and creating high-quality jobs for its citizens.

One of the key factors driving the growth of technology manufacturing in Saudi Arabia is the country’s strong economy. Saudi Arabia has one of the largest economies in the Middle East, and its government has been investing heavily in infrastructure and other initiatives to support the growth of the manufacturing sector. This has created a favorable environment for technology companies to invest in the country and set up manufacturing operations.

Another factor supporting the growth of technology manufacturing in Saudi Arabia is the availability of skilled labor. The country has a large and growing pool of skilled workers, and the government has been investing in education and training programs to ensure that its citizens have the skills needed to succeed in the technology industry. This is helping to create high-quality jobs and support the growth of the manufacturing sector.

In addition, Saudi Arabia’s strategic location is another factor driving the growth of technology manufacturing in the country. Saudi Arabia is located at the crossroads of Europe, Asia, and Africa, making it an ideal location for technology companies to set up manufacturing operations. Its proximity to major markets and access to key transportation routes make it an attractive location for companies looking to expand their operations.

Overall, Saudi Arabia is emerging as a key player in the global technology manufacturing industry. With its strong economy, skilled workforce, and strategic location, the country is well-positioned to continue attracting investment and driving innovation in the technology sector.

Saudi Manufacturing Show 2023 – https://bit.ly/3UZ6xKR