Grede’s Digital Transformation with Monitizer: Early Successes and Future Plans
Grede, a leading foundry company, has embarked on a significant digital transformation across its nine North American foundries. By implementing Norican Group’s Monitizer | DISCOVER IIoT solution, Grede aims to enhance production quality and reduce costs. Within just four months, all foundries using the new system have successfully reduced their scrap rates.
The push towards digitalization accelerated during the COVID-19 pandemic, as many experienced employees left the industry. Grede’s Chief Technology Officer, Susan Bear, emphasized the importance of replacing traditional know-how with data to bridge the skills gap and improve efficiency. The company plans to roll out IIoT by 2026, followed by AI-driven process optimization.