Discrete Manufacturing Analytics
Research shows that top shops generate $247,000 greater sales per machine and $60,000 greater sales per employee. How do they do this? Believe it or not, the top reasons for their 5-6% higher machine utilization are NOT machine related—rather the result of a variety of worker related issues— like how they interact with the machines they’re operating.
Most shops can’t automatically capture data around these interactions, therefore their operational analytics don’t tell a complete story or lead to any viable utilization improvements.
It’s difficult to eliminate a problem when there’s a lag between the time a problem occurs and the time it takes to discover and fix the problem. This becomes further complicated when when multiple problems occur in various locations creating an exponential factor of operational inefficiency. On top of that, the issues aren’t always noticeable to managers even though they happen right in front of their eyes.
The solution? Clarify the obscurity by providing your entire operation with real time, digital feedback, that is gathered automatically and displayed simultaneously. This visual stream of data is actionable intelligence delivered to your operational team the moment it’s captured, allowing them to immediately identify and resolve any issue on the spot.
Actionable intelligence = increased productivity!
A (Much) Better Way
ThinkIQ’s Discrete software exists to give managers real time reporting on critical activities and events in their shops. With ThinkIQ, decision makers are fed actionable intelligence in real time, enabling them to take immediate action to correct an operational issue and get to back full production.
Manufacturing Operations Solutions
ThinkIQ’s Discrete Solution gives you the full picture — by measuring both machines and equipment (utilization) & people (efficiency), true productivity is captured for the first time.
ThinkIQ can deliver:
- Current state of all machines’ true productivity
- Time travel to all machines’ true productivity
- Percentage of shifts productive
- Unbiased comparison of productivity between shifts and between machines of similar type
- Unbiased breakdown of setup time vs. run time of machines
ThinkIQ’s sensor devices can be installed in minutes, without the need for IT support or changes to existing processes. And there’s no machine downtime either. Based on a few simple questions, we’ll begin learning about your operations and concentrate on your known weaknesses. As soon as the first week, you’ll be seeing new operational insights.
eBook: Using Computer Vision to fill Manufacturing and Warehousing Blind Spots with Actionable Data
Download the eBook now and see how ThinkIQ can help to expand your business!
Improve Your Operational Efficiency Today
ThinkIQ solutions provide you the information you need to improve operations. This has historically been done through Management by Walking Around. Our customers typically discover insights and benefits within 10 days