Do you really know what's going on with all your equipment all the time? Does everyone agree on what that data means? Are you interested in Data-Driven Manufacturing solutions that use real-time machine data? Are you aware of how an extensible machine monitoring system can improve efficiency? No matter where you are in your digital transformation journey, MEMEX’s 5 Steps to Success with Data-Driven Manufacturing can empower your vision of using your machine data to drive productivity.
- Connect: Connect your manufacturing assets (old and new) to your business systems and automatically collect machine data in real time
- Visualize: Receive and share real-time data and metrics on all levels which, based on our experience can enable you to achieve a 6% - 10% productivity increase
- Analyze: Evaluate the situation based on real-time, automatically collected machine data and determine where there are problems and where improvements can be made
- Optimize: Make business decisions based on data analytics to enhance productivity, profitability, and efficiency by shifting the emphasis from data collection to value-added continuous improvement activities
- Monetize: Enjoy a 10% – 50% productivity increase, where a 10% increase in productivity alone will generate a 20% increase in profitability
The 5 steps to success is a proven, cost effective Data-Driven Manufacturing strategy for monetizing real-time shop floor data using 5 steps:
If you’re on a team to implement MES, Manufacturing Operations Management, IoT, machine monitoring, Industry 4.0 technology, or have a Digital Transformation Plan see this video NOW to learn more about achieving sustainable operational excellence with the “5 Steps to Success”