- Posted: July 23, 2018
- Category: Smart Manufacturing
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To improve processes, you must be able to measure in real-time what is working and what isn’t. Outdated data or a lack of current data can add to a growing performance problem, putting productivity, efficiency, and profitability at risk.
Currently, many shops overstate asset efficiency because there just isn’t a way to measure it. Lacking smart manufacturing software and the information it can provide, organizations not only sacrifice performance but also reduce their opportunity to improve return on assets (ROA) and boost margins.
Smart production monitoring software helps companies identify bottlenecks and inefficiencies, streamline processes, and improve operational efficiency and overall equipment effectiveness (OEE). OEE data calculates an asset’s effectiveness, examining the availability, performance, and quality of parts produced and sets into motion actionable improvements in each area. Informed OEE helps to streamline maintenance repairs and identify what needs attention sooner, saving valuable production time and money.
Today’s minimally invasive manufacturing software solutions are easy to install and maintain, providing real-time metrics from any industrial asset on the plant floor. Informed asset data and analysis increases manufacturing efficiency, expanding your bottom line and improving overall productivity.
Learn more about how smart manufacturing software can improve asset effectiveness.
For more information about the Freedom Smart Manufacturing Platform, contact Sam Bowman at 513-719-1617 and email@example.com