Technological innovation is driving a fourth industrial revolution (Industry 4.0) within the manufacturing space. Forward-thinking manufacturers are transforming the production process via new and improved technology and tools like AI and computer learning and further reliance on automation. In a time when manufacturers are struggling to get raw materials, consumers are experiencing longer-than-average lead times […]
The Impact of Unplanned Manufacturing Downtime For managers in the manufacturing industry, one of the most frustrating occurrences is when machines – especially with operators on duty – sit idle for any reason. It can work the other way as well. Downtime also occurs when machines are ready and in working condition, but have no […]
The Opportunity Cost of Working Capital Tied up in Inventory Measuring a manufacturer’s financial health involves taking into consideration a variety of factors. Many agree that working capital is often a good indicator of overall financial performance. Working capital takes into account the organization’s current assets and liabilities. At times, working capital may include inventory […]
IMCO Software has created an elegant solution that improves efficiency and profitability in manufacturing by giving manufacturing decision-makers real-time information about the current conditions on their shop floors and enables control of the many moving parts in the manufacturing process. This includes control of inputs, scheduling personnel, controlling machines, coordinating support services, managing inventory, processing orders, and providing visibility and traceability at their fingertips.
Going Green with Industry 4.0 Technology Companies worldwide are witnessing a new movement within the Manufacturing Industry: a push for Energy Management and Conservation. Manufacturing Execution System and Computer Learning software are two of the pillars for Industry 4.0 technology. Now Industry leaders are learning the benefits of going green by utilizing production data in […]
Using an MES to Deliver Real-Time Data for Decision-Making Manufacturing managers and executives are always looking for the latest data to measure productivity and efficiency, minimize scrap and rework, and benchmark performance against goals and industry standards. Six Sigma punch line, “You can’t improve what you can’t measure”, certainly applies to this case. Without systems […]
Achieving Real-Time Plant Communications & Scheduling with an MES Among the many benefits of a Manufacturing Execution System (MES) is the ability to provide an efficient communication channel between plant schedulers, floor operators, and supervisors. In fact, customers using our CIMAG MES have reduced scrap and rework by more than 33 percent and increased machine […]
The Importance of Real Time Information in a Manufacturing Environment To remain competitive in today’s global manufacturing space, companies need to be able to install corrective actions on time. Knowing that the company under-performed on a job is very valuable, and it even provides information for future runs. Many times, we need to be running […]