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Description
The objective of the project proposed by Octavis PTS, is to build a real time smart production scheduling for the Manufacturing Operation Management System which currently comprises 3 layers: Data collection from machines and operators, visual management elements, layer of data insights and KPIs. With this project, the company will be able to increase its competitiveness by developing an improved planning module.
Octavic PTS is using the knowledge gained from research and practical experience with the aim to produce additional knowledge, that will directly help them to raise the level of technology readiness of the RT SPS module. The development of the module involves considering various risk aspects into planning and the development of the planning algorithm so it can adjust the planning in real time even when it needs to consider several risk elements. Key activities include:
- Research activities.
- Project management.
- Financial audit by external auditor.
- Project publicity to promote the project.
The major result will be to promote value creation in the business sector by offering an innovative solution to companies which implement manufacturing activities in various industries, at national and international level. The solution should also strengthen the company’s capacity to perform research, development, and innovative activities.
The developed solution will be commercialised, and the company will have the right to sell the entire system. The project is also estimated to generate 3 new jobs by 2023.