Tag: Digital Transformation

Smart Technology Helps Manufacturers Make Intelligent Use of Tools

The promises of Industry 4.0 – enhanced productivity, work capacity and savings – appear enticing, but in many smaller manufacturing firms, everyone from the owner to the shop floor chases a long list of must-do tasks, leaving little time to think about how to improve the status quo. Some of the most-asked questions…
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Your Manufacturing Transformation Starts With Machine Monitoring

As an increasingly global industry, manufacturing continues to become more competitive year after year, which means shops have to continuously improve just to keep up. In many cases, this has included a move to high-mix/low-volume (HMLV) production strategies, which give manufacturers the agility they need to quickly respond to customer needs. To achieve…
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Implementing Shop Floor Analytics: Machine Monitoring Tells All

Many manufacturers fail to get the maximum amount of productivity out of their machine tools. In fact, according to research by Machine Metrics, the average machine utilization rate in 2018 was less than 29 percent – but most manufacturers are oblivious to the fact that there’s a problem with their shop’s efficiency. Luckily,…
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What’s Trending in Tool Management Systems?

If you take a closer look at your yearly tooling expenses, you might be surprised at the cost – both in dollars and efficiency. A lack of effective tool management results in missing or lost tools or stock-outs, lost productivity searching for tools, and increased machine downtime to replace or switch out tools….
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