Intouch Monitoring Blog // What are the Right Ingredients for Your Businesses Growth
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Every successful manufacturing business, much like your favourite cocktail or the way you like your toast, needs the right blend of ingredients. What works for one business may not work for another—each requires a unique recipe to achieve success. When it comes to manufacturing, two essential ingredients stand out: technology and talent. In this blog, Intouch Monitoring will explore the essential ingredients for a successful manufacturing business, focusing on the role of technology and talent, and discussing how production monitoring systems can boost productivity, enhance communication, minimise waste, and reduce downtime, ultimately driving operational efficiency and success.
Manufacturers must maximise the use of technology and tools, but how you integrate these solutions into your operation is the key. A one-size-fits-all approach won’t work. Instead, it’s about identifying the right technologies and implementing them in ways that align with your specific business goals and that help you overcome your key challenges, and aid you in achieving your objectives and goals.
Minimising Downtime: A critical ingredient for manufacturing success
Minimising downtime is a core factor in driving efficiency. While achieving a perfect 24/7 operation is unrealistic, an Overall Equipment Effectiveness (OEE) score of 85% is a realistic benchmark for success. A lot of manufacturers hover around 60%, showing room for significant improvement. This gap is where technology, such as production monitoring systems, comes in.
Production Monitoring systems: The key to optimising your operations
Production monitoring systems are technological solutions designed to track and analyse the performance of industrial machinery in real time. By harnessing data directly from equipment using sensors and data acquisition tools, these systems provide actionable insights into machine operations, efficiency, and potential failures. This enables manufacturers to identify inefficiencies, pre-empt issues, and optimise productivity.
Here’s how production monitoring systems enhance and benefit your operations:
Boosting Productivity
By delivering immediate insights into machine performance: a key ingredient in your secret sauce, production monitoring systems empower manufacturers to enhance output. Identifying underperforming areas allows for swift corrective actions, reducing downtime and maximising operational efficiency. Predictive capabilities ensure that potential issues are addressed before they disrupt production.
Enhancing Communication: another key ingredient in your secret sauce
Improved communication between departments aids your talent (your staff). This includes areas such as production, maintenance, and quality control which will streamline workflows and accelerate decision-making. Real-time data sharing eliminates bottlenecks caused by miscommunication and fosters better collaboration across the business.
Minimising Waste
Production monitoring systems help reduce resource waste by tracking energy and material consumption. Manufacturers can pinpoint areas of inefficiency and implement corrective measures, contributing to cost savings and environmental sustainability.
Immediate Alerts
One of the standout features of monitoring systems is their ability to issue instant alerts when irregularities or potential failures are detected. These alerts allow for prompt interventions, preventing minor issues from escalating into costly breakdowns and extended downtime.
Production Monitoring systems: The key to optimising your operations
- Financial Loss– Downtime results in lost production and revenue. Reports vary considerably from £200-£200,000 per hour
- Psychological strain– Prolonged downtime impacts employee morale (your talent), affecting productivity
- Reputational damage– Delays and disruptions damage customer trust, leading to lost business
- Operational setbacks– Disruptions in schedules can affect the ability to meet demand and deliver on time, which also has financial implications
The bottom line: Realising the potential of Production Monitoring systems
For manufacturers operating below the 85% OEE mark, adopting an MES platform like Intouch Monitoring offers the opportunity to significantly improve operations. These systems not only highlight areas for improvement but also provide the tools needed to boost efficiency and profitability.
Read more from Intouch here.
