How to improve Industry 4.0 ROI and how long does it take ?
Key Takeaways : Industry 4.0 helps improve ROI by reducing machine downtime and improving production quality. ROI from Industry 4.0 can be achieved within weeks or months depending on the investment and solutions implemented. Focusing on low-hanging fruit like operator behavior can yield quick improvements in capacity utilization. Industry 4.0 software provides data and insights […]
Shop floor data collection : What It is & How It Works
Shop floor data collection What is shop floor data collection, and why is it even required ? This is the core of the requirement: – In a manufacturing firm, money is made by machines – To run profitably, production and quality must be maximized and cost minimized – To do this, decision makers in the […]
What are the Causes of downtime in manufacturing ?
Causes of downtime in manufacturing The causes of downtime in manufacturing can be divided into Low hanging fruit and High hanging fruit. – Low hanging fruit is caused by work ethics issues. It can be fixed easily, in a short time, with little or no investment. – High hanging fruit is caused by systems (i.e., […]
Best manufacturing data collection software for shop floors
Manufacturing data collection software Collect data automatically from machines on production quantity, downtime durations, etc. Collect other data from operators on downtime reasons, rejections, etc. Store the data in a central location. Analyze the data, show lower level decision makers current data for immediate action. Show higher level decision makers historical data to analyze trends […]
How CNC machine monitoring system improves profits rapidly
Downtime at shift change. Feed rate override misuse. These are two common work ethics issues. Here’s how you can fix these in just 2 weeks, with a CNC machine monitoring system. 1. Fix downtime at shift change – fix with CNC monitoring system The CNC monitoring system can detect and report downtimes at the start and end of […]
8 Wastes of Lean Manufacturing
Lean manufacturing, or Lean, is the systematic elimination of waste (‘Muda’) within a manufacturing system. Lean manufacturing is derived from the Toyota Production System. To understand the wastes of Lean, it is necessary to first understand what Lean is. A machine manufacturing system on Industry 4.0 can play a great role in reducing the 8 wastes […]
5 Production Efficiency Examples That Could Save You Millions
5 Production Efficiency Examples That Could Save You Millions The production inefficiency on Indian shop floors is not just about skills. It’s a complicated mix of outdated procedures, overlooked process controls, insufficient new technology and system integration, and a heavy reliance on human interaction when automation should have replaced it years ago. Even though the Indian manufacturing […]
How to Calculate OEE ( in 2 mins )
Identify high energy consuming machines OEE Calculator OEE formula, and its components OEE, or Overall Equipment Effectiveness, is a brilliant invention that, in a single number, tells you how much waste there is on your shop floor. It is the ratio of what you produced to what you could have produced – the actual output […]
What is energy monitoring system – cut energy bills
An energy monitoring system based on Industry 4.0 can help reduce energy consumption, leading to reduction in expenditure and a more environmentally friendly shop floor. Traditionally, we have been tracking energy consumption for groups of machines like a whole shop floor. Maybe there is an energy meter for the whole shop, and we track the […]
Industry 4.0 production monitoring system vs manual system
Production monitoring – accuracy and speed of data To be able to take correct and timely decisions on the shop floor, you need accurately and timely data from a good production monitoring system. With traditional paper-based manual production monitoring, data takes 1 day to reach you. With Industry 4.0, it takes 1 minute. 1440 minutes, […]