Capacity Planning | E7 | Simulation and Digital Twins for Capacity Planning

Simulation, digital twins, and Industry 4.0 are revolutionizing capacity planning. These technologies optimize workflows, predict impacts, and enhance efficiency. Integrating sustainability reduces waste and energy use, improving both environmental and operational performance.
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✍ Here is the transcript of the video summarized:
*Simulation and Digital Twins:*
Digital twins, virtual replicas of physical systems, allow engineers to simulate operations and identify bottlenecks, optimizing workflows and predicting changes' impacts on capacity.
*Industry 4.0:*
Integration of cyber-physical systems, IoT, and cloud computing enables real-time data insights, accurate demand forecasting, and dynamic capacity planning. Predictive analytics and automation enhance capacity without significant investment.
*Sustainability:*
Lean principles reduce waste and improve efficiency, making capacity planning more sustainable. Reducing energy use and minimizing waste free up capacity and deliver environmental and operational benefits.
*Conclusion:*
Embracing technology and sustainability trends transforms capacity planning, optimizing capacity, efficiency, and environmental performance.
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