During a panel on IoE in Business last week, Stanley Black & Decker announced the results and estimated productivity savings, upside revenue, and risk cost avoidance of a new Connected Factory Wireless implementation conducted with Cisco and AeroScout Industrial. In partnership with AeroScout, we’re excited to share the details on how Stanley Black & Decker has transformed manufacturing operations with IoT.
Visit our post on the IoE Blog where Patrick Gilbert, AeroScout Industrial and I share details about Stanley Black & Decker’s plant in Reynosa, Mexico and best practices that helped Stanley Black & Decker improve labor utilization by 12 percent, increase throughput by around 10 percent, and reduce material inventory carrying costs by 10 percent.
Blog authored by Chet Namboodri, Cisco and Patrick Gilbert, AeroScout Industrial
Last week, at an Internet of Everything event in Chicago, Cisco and its partners showcased how an increase in connected devices is improving lives and businesses in both private and public sectors. From connected energy to more efficient hospitals to smart cities, the Internet of Everything (IoE) is producing real, transformative results. Amongst industries—even considering all of the existing automation and controls implementations from the last 50+ years—manufacturing has the most potential for growth and development by connecting the unconnected, estimated by Cisco to have nearly $4 trillion in IoE opportunity value at stake through 2022.
During a panel on IoE in Business, Stanley Black & Decker announced the results and estimated productivity savings, upside revenue, and risk cost avoidance of a new Connected Factory Wireless implementation conducted with Cisco and AeroScout Industrial. Stanley Black & Decker, headquartered in New Britain, Connecticut, is a leading global provider of hand tools, power tools and related accessories, mechanical access solutions, electronic security and monitoring systems, and products and services for industrial applications. They’re generally familiar to anyone who’s ever tried their hand at remodeling or handiwork. In 2005, Stanley Black & Decker opened a new plant in Reynosa, Mexico, to manufacture dozens of products, such as jigsaws, planers, cordless drills, floodlights, and screwdrivers for the DeWALT brand and lawnmowers for the Black & Decker brand.