Global manufacturers are constantly looking for ways to make their operations more agile, efficient and profitable. A smart way to reach those goals is to realize the most value from every asset in its supply chain. However, traditional asset management processes require significant time and resources to search for, identify, and log asset information.
Wolverine Advanced Materials was overwhelmed when sales grew 10 to 13 percent over a two-year period. Its manual systems for raw material orders, inventories, shipping, and scheduling systems couldn’t keep up with the new demand, and lead times grew to 10 weeks.
By reorganizing all enterprise and equipment data into reusable asset equipment classes (templates), ICONICS promotes reuse and scalability while improving ease of configuration. Assets, as they are recognized by the software can represent any equipment or area in an application.
Manufacturing Business Technology is devoting this week to Inventory Control & Asset Management. Check here daily for articles, blogs and videos being featured this week. Hear from industry experts on how they've integrated technology, the solutions currently being offered in the industry and gain insight on making the most of your operations.
In an industry filled with stringent regulations and volumes of paperwork, Family Respiratory sought a solution that would streamline its processes and ensure accountability. Barcoding, Inc. was able to deliver a mobile proof of delivery (POD) solution as part of its newly purchased billing and inventory control system.
By moving inventory management and asset tracking (IMAT) to a web-based platform, manufacturing companies realize major cost savings as well as increased operational efficiency from general time saved in deployment and overall maintenance of the system to increased real-time collaboration within the team.
Since the inception of the first industrial electric motors, manufacturers have been developing technology to produce better motors which use the least amount of energy possible. While perhaps increasing the efficiency of electric motors is not a relatively new phenomenon, the last several decades of technological advancements in motors, as well as manufacturing methods, has vastly improved the efficiency of electric motors.
If people or machines are idle, then products are not being made, which certainly affects the business’s bottom line — minimizing manufacturing downtime makes money for a company. Understanding how to communicate with and evaluate employees, providing regular equipment maintenance, increasing incentives to produce and establishing production goals are effective ways to minimize manufacturing downtime.
Weak overall economic growth persisted in the third quarter of 2012, increasing by 2.7 percent, and the sluggish pace characteristic of the current expansion is likely to continue, according to the quarterly Manufacturers Alliance for Productivity and Innovation U.S. Industrial Outlook (EO-115), a report that analyzes 27 major industries.
No matter how efficient the rest of your business is, if your IT isn’t running at full speed, your end-to-end operations aren’t either. Whether it’s as simple as email or as complex as MRP, today’s businesses are driven by IT. Systems running at half speed or not at all can result in missed deadlines, lost revenues and reduced customer satisfaction.
Wireless sensors are applicable for a variety of applications, whether it be smart cities (smart parking, smart lighting, waste management), industrial control (M2M applications, indoor air quality, temperature monitoring), eHealth (fall detection, patient surveillance, ultraviolet radiation) and many more.
For decades, multi-million dollar decisions about essential equipment buys have been left to the engineering department, and while their in-depth knowledge is essential, achieving real efficiency and real savings requires something more. It requires multi-site planning. It requires deep market knowledge and global sourcing abilities. Ultimately, it requires a new way of approaching the mission of procurement.
Today’s science-driven enterprises are increasingly challenged by a “productivity gap” that exists within the innovation-to-commercialization lifecycle. Errors that slow innovation to a halt are all too common due to disjointed processes, siloed information systems, and a lack of data visibility across the product discovery-design-test-manufacture continuum.
The overall economy continued to grow for the 43rd consecutive month while economic activity in the manufacturing sector expanded, moving the Purchasing Managers Index (PMI) back over the 50 percent mark in December, according to the latest Manufacturing ISM Report On Business.
Find ways to save money through investing in energy efficient equipment and alternative energy solutions here! Included in this supplement are tips on the energy audit process, the Energy Incentive Guide and results of a recent survey on manufacturers' energy spending.
Most modern companies have a detailed, yet very manual process in place for handling a recall scenario. The objective of a plan is to ensure that any suspect product is quickly removed from commerce and to help the company manage specific customer requirements as well as International Organization for Standardization (ISO) guidelines.
Today the manufacturing of control panels is traditionally a labor intensive process with few options for process automation. Most operations are done manually including engineering, laying out, punching and drilling the back panels and enclosures; cutting to length, stripping crimping and labeling the wires, installing the components and wiring the panels.
Today, the typical manufacturer has between 20 and 40 information systems in any given facility. Despite good intentions, these largely exist as “data islands” and, because of historical difficulty in inte-grating these islands, decisions are often based on only the most immediately relevant system, with scant regard for the overall business picture.
The market for stick pack applications in the packaging of pharmaceutical products grows steadily. Reasons for the rising popularity are obvious: minimal material consumption, a fast and safe packaging process, and a convincing packaging system with a small footprint.
A Supervisory Control and Data Acquisition system uses both computer hardware and software to gather and analyze real time data, manage supervisory operation, respond to error conditions with alarms, and provide operations personnel with an interface to the system.