YOUR SURVIAL DEPENDS ON IT
Let face the facts:
The quickest and easiest way we can increase our profits is to increase our margins.
A MORE PROFITABLE OPERATION
Measuring shots per hour is meaningless - SHIPPABLE shots per hour tells the real story. All those bad parts reduce your margins in many subtle, and not so subtle, ways: Cycle times, tool wear, labor, remelt, secondary machining, and metal loss to menton just a few.
THE REAL COST OF SCRAP & DOWNTIME
Metrics like overall equipment effectiveness (OEE) help you measure the real cost of bad parts, reduced quality, and lost uptime.
A recent customer used Visi-Trak products and an on-site valve upgrade to increased OEE on one machine cell by 15%. That comes out to roughly $750,000 in reclaimed value on a $5M machine over 10 years. It is important to remember other costs like metal loss, labor, remelt, and abnormal tool wear makes that savings even greater!
OEE = Availability x Performance x Quality
So 70% Availability x 80% Performance x 90% Quality = 50% OEE
- or a 50% loss of machine capacity.
Even a few % difference in OEE over a 10 year capitalization of a die casting machine cell can mean hundreds of thousands of dollars in additional revenue.
Increased OEE = Increased Margins:
READ MORE - Process Automation For Survivalists - PDF
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