Sydney, Australia – May 6, 2024 – New Ocean Information System (NOIS) was a proud participant at Vietnam IT Day 2024, held recently in Sydney. The event highlighted the remarkable progress Vietnam’s manufacturing sector is making through advanced technology and automation. NOIS used this platform to showcase its expertise in smart manufacturing solutions and their role in driving efficiency and sustainability.

Vietnam’s Manufacturing Boom

The presentations at Vietnam IT Day underscored the impressive growth of Vietnam’s manufacturing sector. From a mere 12.5% contribution to GDP in 1990, manufacturing value-added (MVA) has skyrocketed to a staggering 25% by 2020. Similarly, manufacturing exports have exploded, reaching a phenomenal $276 billion in 2020. These figures solidify Vietnam’s position as a powerhouse in global manufacturing.

Challenges and the Path Forward

Despite this success, the sector faces hurdles. Low productivity, high energy consumption, environmental concerns, and outdated practices threaten to impede further growth. The presentations emphasized the need for transformation to maintain competitiveness. Key goals identified include process optimization, cost reduction, achieving sustainability, and workforce development.

Smart Manufacturing: The Answer

NOIS presented smart manufacturing as the cornerstone for overcoming these challenges. This approach integrates cutting-edge technologies to create intelligent factories. Key features of smart manufacturing include:

• Production Management: Optimizing schedules and ensuring seamless collaboration between humans and machines.
• Performance Management: Monitoring Overall Equipment Effectiveness (OEE) and resource use to minimize waste.
• Inventory Management: Maintaining accurate material tracking to reduce product defects.
• Workflow Management: Implementing digital processes to eliminate paperwork and streamline operations.
• Data-Driven Decisions: Leveraging data analytics to gain valuable insights and optimize operations.
• Traceability: Maintaining electronic records for compliance and brand protection.
• Quality Control on Steroids: Automating inspections for consistent, high-quality products.
• Enterprise Integration: Providing real-time visibility across the supply chain for better decision-making.

A Real-World Example of Success

A compelling case study resonated with the audience. A company with decades of experience and a dominant market share faced challenges like manual data entry, limited real-time data, and inconsistent processes. They adopted NOIS’s iMES Suites platform for their digital transformation journey. The results were impressive:

• Complete Digitization: All data and processes were converted to digital formats.
• Real-Time Revolution: 100% real-time data collection and control were achieved.
• Metrics Makeover: A 23% increase in OEE, 30% improvement in product quality, and a 70% boost in operating efficiency were achieved.
• Waste Warriors: A 40% reduction in waste and material downtime was realized.

The Future of Manufacturing in Vietnam

Vietnam IT Day concluded with a clear message: smart factories and sustainable practices are the future of Vietnam’s manufacturing sector. NOIS is committed to being a partner in this transformation journey, providing innovative solutions that empower manufacturers to achieve greater efficiency, environmental responsibility, and continued economic growth.

Continuing the Conversation

The event served as a valuable platform for NOIS to connect with industry leaders and showcase its expertise. NOIS looks forward to continued collaboration and exploring new opportunities to empower Vietnam’s manufacturing sector on its path to a smarter and more sustainable future.

This article is brought to you by New Ocean Information System (NOIS), a leading provider of smart manufacturing solutions.

• Website: https://nois.vn/
• Phone: (+84) 28 6681 0782
• Email: info[@]nois.vn