New recognition for Schneider Electric from World Economic Forum
Mumbai: Schneider Electric, the leader in the digital transformation of energy management and automation, announced that the company’s Smart Factory in Hyderabad, India has been recognized as an Advanced Lighthouse — the fifth Schneider Electric factory to receive this distinction to date, joining Le Vaudreuil, France, Wuxi, China, Lexington, Kentucky, and Batam, Indonesia factories.
Schneider Electric’s Smart Factory in Hyderabad, IndiaThe company also added that its Le Vaudreuil factory in France which was earlier recognized as Advanced Lighthouse in 2018 has now been recognized by the World Economic Forum as a Sustainability Lighthouse. This is one of only six worldwide and the second for Schneider Electric, with the Lexington, Kentucky plant receiving the same status in September last year.
The Forum’s Sustainability Lighthouses showcase and recognize global best practices of 4IR technologies in manufacturing to demonstrate how companies can unlock new levels of sustainability in their operations and win-win solutions: greater operational competitiveness while simultaneously delivering greater environmental stewardship, for a cleaner and more sustainable future.
The Le Vaudreuil factory is a compelling case in the power of data to drive greater sustainability outcomes. The plant implemented IIoT sensors connected to digital platforms, and the visibility of this new data enabled optimized energy management to reduce power use by 25%, cut material waste by 17%, and lowered CO2 emissions by 25%. The smart factory is equipped with a zero-reject water recycling station connected to cloud analytics monitored by AI that predicts and processes flows, leading to a 64% reduction in water use.
Manufacturing the mission-critical products, the Hyderabad smart factory has leveraged Schneider Electric’s Fourth Industrial Revolution (4IR) based EcoStruxure Solutions to meet the company’s ever changing customer needs, supporting business growth of 54%. Enabled by AI deep learning, IIOT infrastructure, and both predictive and prescriptive analytics have improved manufacturing defects rates, non-quality cost and customer lead times, improvements in efficiency and free-up of energy for people.
“The Fourth Industrial Revolution is here,” said Mourad Tamoud, Schneider Electric’s executive vice president of global supply chain. “This latest recognition from the World Economic Forum for Le Vaudreuil and Hyderabad plants provides compelling cases for rapid and extensive deployment of 4IR technologies — there are significant benefits for manufacturers including sustainability, agility, and resilience.”
STRIVE Program
The Hyderabad and Le Vaudreuil factories are part of Schneider Electric’s global smart factory and distribution center initiative encompassing nearly 300 factories and logistics centers in more than 40 countries. This initiative – part of the company’s STRIVE program – aims to address the fundamental challenge of sustainability while increasing profitability and efficiency.
STRIVE (Sustainable, Trusted, Resilient, Intelligent, Velocity and Efficiency) is the next evolution of Schneider Electric’s supply chain transformation to be the most agile, innovative, planet and customer-centric supply chain.
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