Case study: “We're going to continue seeing labor shortages and challenges, but the only solution isn’t just to hire people, it's reconfiguring your workflows based on operational data in order to maximize the resources that you have.”
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Specific FactoryOps use cases such as preventing problems through real-time alerting, making meetings more efficient through shared visibility, and driving more profit to the bottom line through changeovers were recently highlighted in Plastics Technology, Plastics Today, and Smart Industry.
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Machine monitoring allows manufacturers to capture data about machines which can then be analyzed through software to give them information on things like downtime, utilization, machine status and energy consumption. By providing operations leaders with the right information at the right time, machine monitoring can enable better decisions that ultimately impact the bottom line.
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Don’t sacrifice profitability to become a manufacturing company that operates in a sustainable manner. Take action to reduce waste while growing your factory operations to peak performance with Guidewheel’s help.
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Simple automation on your factory floor can help eliminate unnecessary downtime. By tracking the uptime of your machines, and setting alerts to automatically go out to the right people, you can make sure fixes are implemented in minutes.
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54% of manufacturers are having trouble finding qualified candidates, up from 38% in 2020. Labor and talent is a day-to-day challenge. People aren’t turning up for work, sometimes without notice, something that’s been amplified recently with the resurgence of Covid. Turnover is also up 15% when compared to 2020. So how do you prioritize the limited labor time?
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Lauren Dunford gives five key tips for empowering manufacturing teams, despite labor shortages.
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“I’ve found that addressing unplanned downtime is the best way to get more out of existing equipment.
Addressing downtime in this way represents a big financial opportunity. Especially when you compare the full cost of the alternative of adding in new machines, we have always found that upgrading our process has had a much faster payback period.”
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“The big story of the “industrial internet of things” (IIoT or Industry 4.0) is more than just the ability to acquire, analyze and communicate data from production systems—it’s also about the rapid “democratization” of such technology, making it available to manufacturers of all sizes, and not just the largest firms with big budgets, big engineering teams, and ample timelines for training and installation.”
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In our upcoming webinar, we’ll share examples of how companies are using benchmarking best practices to improve margins and reach peak performance will be shared!
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Can we get every factory in the world to sustainable peak performance? It's a lofty goal, but the cloud can go a long way in helping us get there. New advancements in friendlier technology mean no one has to be afraid to embrace it.
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Digital tools can be an important lever to help factories and entire manufacturing ecosystems dramatically reduce waste. As a foundation, most digital technologies start by providing real-time insight into what’s going on, what’s going wrong, and why. With that information, operators can act more quickly to fix issues as they occur and even prevent problems.
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“In my experience, generally two thirds of the performance gaps are very low hanging fruit that you can address by focusing and creating organizational alignment and ownership, doing root cause analysis and implementing corrective actions.”
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A packaging and containers manufacturer with multiple factories spread across the United States found opportunities to dramatically improve throughput and profitability, all without spending millions of dollars or stopping production for weeks to implement complicated technology.
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"Guidewheel has built the real-time data platform we believe will help create the future of manufacturing," said Mark Terbeek, Partner at Greycroft. "It is an amazingly simple yet powerful platform that comes at a time when factory performance is so critical to survival for manufacturers and the supply chain overall."
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Thrilled to announce that we’ve closed an $8M Series A led by Greycroft. This investment is an important step toward achieving our mission of empowering all the world's factories to reach sustainable peak performance through a new category of cloud-powered FactoryOps. https://bit.ly/guidewheelfundraise
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Safi has rebranded. Introducing Guidewheel, the only FactoryOps platform you need to reach peak factory performance and recover your lost downtime.
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Especially when a team has been using paper or spreadsheets for years, it can be hard to imagine how old habits might change to make use of real-time systems. This manufacturer found a way to engage the full team around real-time alerts to reduce changeover time by 89% and to get back 1.7+ hrs/day of run-time on their critical bottlenecks.
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Over the course of five months, the team worked together across these three departments - production, finance, and maintenance - to reduce downtime across their machines from an average of 6.8 hours/day per machine to 3.4 hours/day. This 50% reduction in lost production time resulted in a meaningful improvement in throughput and margin.
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Tired of speculating about what was causing them to miss production targets, an established plastics manufacturer searched for a system that could solve their challenges. Here is the story of how they reduced lost production time >50% and went from speculating to knowing with certainty how to consistently achieve their goals.
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