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What is Machine Monitoring? Machine monitoring harnesses the power of the industrial internet of things (IIOT) to ensure manufacturing processes run smoothly. If you are new to the concept and want to find out how it can boost manufacturing productivity, we’ve put together a helpful guide below. What is machine monitoring? In simple terms, machine ... Read More »
  • Posted: April 8, 2021
  • Category: OEE
Overall Equipment Effectiveness (OEE) is widely considered the best Key Performance Indicator (KPI) for measuring the efficiency of production processes. In other words, it offers manufacturing leaders actionable data regarding the performance of machinery, plants, lines, and cells.  The logic behind OEE is simple: it accounts for productivity losses incurred during a defined period and ... Read More »
  • Posted: March 23, 2021
  • Category: OEE
Are you calculating OEE right? Overall Equipment Effectiveness (OEE) is a metric, represented as a percentage, that indicates how effectively a manufacturing asset is utilized.  OEE software expresses this metric as a factor of machine Availability, Performance, and Quality. This provides a universal comparison metric for industrial equipment regardless of the type of asset or ... Read More »
If you own a manufacturing business, one of the key rules to achieving sustained growth is ensuring your operations are efficient. Regardless of the items you are producing, you must track the entire production process to assure your workforce is diligent, your machinery works well, and your maintenance costs remain as low as possible.  Successful ... Read More »
How Has Manufacturing Changed? As technology has changed at a rapid pace, so has manufacturing. Only twenty years ago, practically nothing had internet access. Now, it is hard to find something without internet access. A common way to explain how the manufacturing sector has changed is by referencing the steps of technological advancement that the ... Read More »
Smart manufacturing is a technology-driven approach that utilizes Internet-connected machinery to monitor the production process. The goal of smart manufacturing is to identify opportunities for automating operations and use data analytics to improve manufacturing performance. Smart manufacturing wasn’t developed in a single moment in time but a progressive series of smaller instances over 30 years ... Read More »
  • Posted: January 22, 2020
  • Category: OEE
The term OEE stands for Overall Equipment Effectiveness. Have you ever heard about OEE? Many times, right? It sounds like a buzz word for a quality team. Overall Equipment Effectiveness is a standard metric for measuring manufacturing productivity for products or services. Whether you're running a small or large business, implementing Overall Equipment Effectiveness is ... Read More »
There are many misconceptions when it comes to IoT challenges in manufacturing. In this article we will not only address many IoT Challenge myths but debunk them as well. First off, let’s understand IoT: The Internet of Things (IoT) is a system of interrelated computing devices, mechanical and digital machines, objects, animals or people that ... Read More »
IoT in Manufacturing is on the rise in record numbers. The global IoT market will grow from $157B in 2016 to $457B by 2020, attaining a Compound Annual Growth Rate (CAGR) of 28.5%1. IoT in manufacturing has become the prelude to which many believe will be the 4th industrial revolution or as it is commonly ... Read More »
  • Posted: April 11, 2019
  • Category: Events
April 9th is IoT Day and is a great opportunity to learn more about the Internet of Things and what it means for all of us.  As manufacturers, the networking capability that allows information to be sent between different objects and devices using the Internet can help organizations increase performance, productivity, and profitability. We reached ... Read More »

Smart manufacturing requires more than just investing in the latest IIoT solutions and technologies. Organizations that successfully incorporate smart manufacturing must experience a top-down shift from a process-first mindset to a culture-first mindset, effectively prioritizing the people side of the business. When every level of an organization is engaged and invested, a company can truly move forward and join “industry 4.0.” The following are necessary focus areas for successful integration of smart manufacturing principles and solutions.

An increasingly global manufacturing marketplace continues to expand the competitive borders of the manufacturing environment. At the same time, tighter margins, smaller lot sizes, and higher quality requirements demand advanced technical solutions that help organizations achieve lean manufacturing across each stage of the production cycle. Since 2013, 5ME LLC has provided manufacturers with a web-based software suite that does just that. FREEDOM™ Smart Manufacturing platform delivers real-time collection and analysis of important manufacturing data that is accessible on any web browser and any device, connecting every asset on the shop floor and providing analytics to its users everywhere from the shop floor to the top floor.

There’s an influx of information on the internet about smart manufacturing, IoT, and IIoT that makes it difficult to know what publications to pay attention to. At FREEDOM™, we know smart manufacturing – with our Smart Manufacturing Platform we stay up-to-date on industry trends, insights, and publications around these topics. Here are five articles we gathered to help keep your competitive edge.

An operating platform is a foundation to manufacturer’s entire infrastructure. Depending on what systems are in place, these applications work together by sharing data which give manufacturers real-time visibility that enables instant decision-making. So, what’s holding manufacturers back from implementing smart manufacturing technology?  Let’s take a look. 

Smart manufacturing strategies and solutions are helping organizations across sectors stay competitive in today’s rapidly evolving marketplace. Digital, Industrial Internet of Things (IIoT) technologies are simplifying real-time collection and analysis of essential manufacturing data, information that is helping to boost productivity, improve product quality and enhance operational agility across the value stream.

Smart manufacturing is a growing trend that shows no signs of stopping. Across industries, digital technologies and Industrial Internet of Things (IIoT) solutions are transforming the shop floor from traditional linear operations to interconnected systems that communicate, adapt, collect, exchange and analyze data. These solutions are helping organizations boost production, improve efficiency and increase cost-savings, while simultaneously reducing unplanned downtime, part setup time, required system maintenance, and more.

Functional excellence is not enough to stay competitive in today’s manufacturing landscape. Maintaining a profitable, competitive and sustainable business today requires that organizations achieve efficiencies across each stage of the value stream. Creating and sustaining manufacturing efficiencies, however, can be challenged by a variety of factors, including a growing competitive marketplace, shifting customer demand, rapid introduction of new technologies, rising raw material costs, diminishing manufacturing expertise, as well as organizational, cultural, and process change management obstacles.

The National Institute of Standards and Technology (NIST) defines “smart manufacturing” as “fully-integrated, collaborative manufacturing systems that respond in real time to meet changing demands and conditions in the factory, in the supply network, and in customer needs.” In short, smart manufacturing is the optimization of every aspect of the value stream via interconnected solutions that facilitate automation, real-time monitoring, and continuous data analysis to increase efficiency and productivity.

The technology landscape for North American manufacturers continues to grow more complex as new automated, smart technologies are introduced at a rapid pace. Automated, smart technologies are helping manufacturers keep step with this fluctuating marketplace, enabling them to maximize cost, delivery, flexibility, and quality via interconnected solutions that promote rapid flow and widespread use of digital information within and between manufacturing systems.

FREEDOM™ demonstrated its growing, connected IIoT Smart Manufacturing Platform at IMTS 2018. More than 2,500 manufacturers brought their latest and greatest technologies to Chicago, Illinois. It was a record-breaking year for registrations, square feet of exhibit space, exhibiting companies, and booths.

5ME® Cryogenics and FREEDOM™ are happy to announce the booths we will be exhibiting in at IMTS 2018. 5ME® Cryogenics will be exhibiting with Doosan Machine Tools America in the South Building and our Bluezone™ partners – Star SU and Fullerton Tool Company – and Benz, Inc. all in the West Building of McCormick Place. FREEDOM™ will be on display in the South Building as well as in the AMT Smartforce Student Summit in the North Building. Being in multiple locations gives you the opportunity to chat with our experts in nearly every building of the show!

Lean manufacturing strives to boost customer value by improving efficiencies and reducing waste across operations. Moving toward lean manufacturing requires more effective management of materials, human resources, and energy. Compiling and analyzing the right data is crucial to the success of lean manufacturing.

The competitive and highly regulated medical sector is one of the fastest growing segments of today’s manufacturing marketplace. This rapid growth requires smart management—of assets, budgets, processes and more.

To thrive in today’s competitive manufacturing environment, you need to ensure optimal performance of assets while continuously increasing efficiency and reducing costs.

To improve processes, you must be able to measure in real-time what is working and what isn’t. Outdated data or a lack of current data can add to a growing performance problem, putting productivity, efficiency, and profitability at risk.

Your factory floor is an excellent example of where you should be continually capturing and analyzing data.

Over the past decade, the manufacturing industry moved from reactive to predictive data analysis to monitor equipment, extend asset lifecycles and manage overall profitability. Today, the future is trending toward the use of advanced analytics applications that enable manufacturers to intelligently meet increased demand for customized products created at affordable mass-production costs while improving operational efficiency and overall productivity. Are you keeping pace with this shift?

Collecting and analyzing data is crucial to ensuring long-term productivity and sustainability of operations. Detailed manufacturing metrics facilitate the optimization of shop-floor assets, improve overall productivity, and protect the bottom line.

Without this critical information, manufacturers cannot identify which aspects of an asset’s operational efficiency and overall equipment effectiveness (OEE)—availability, performance, and quality—are lagging. As a result, companies fail to identify where inefficiencies and bottlenecks may be occurring, placing valuable production time and money at risk.