Start driving decisions with machine data.
Categories:

    MachineMetrics-Guy-At-Desk.png

    Achieving manufacturing cycle efficiency extends far beyond implementing a lean manufacturing strategy focused solely on the actual manufacturing process.

    It requires an analysis of all the manufacturing cycle elements involved, from order placement to the manufactured product landing in the hands of the consumer.

    Many companies focus on the processes involved during the manufacturing period itself, not realizing that waste and inefficiency may have already been designed into the product. 

    Manufacturing cycle efficiency starts well before the product is actually manufactured and continues even after it leaves the shop floor.

    It’s important for companies to understand that every activity they engage in to provide a competitive product impacts manufacturing cycle efficiency.

    Each element of the product lifecycle — from innovation, design, and development to testing and, eventually, manufacturing — must be examined in order to remove waste from the overall process.

     

    The 5 manufacturing cycle efficiency stages to examine:

     

    Stage 1:  Concept and Development  

    There is a significant opportunity for waste and redundancy during the conceptual and development period for a new product. Companies often don’t invest enough time during this feedback and assessment phase, but it is an opportune time to build in lean manufacturing efficiency.

     

    Stage 2: Ordering Process

    Efficient manufacturing is all about demand for finished goods and the supply by the manufacturers. One of the key early steps in the manufacturing cycle is the placement of orders for the manufacture of a certain quantity of products. The efficiency of this manufacturing cycle is easily compromised without a streamlined ordering process to account for possible complicating factors, like the currently held amount of stock, volume of sales, or future trends.

     

    Stage 3: Production Scheduling  

    After the order is placed, production should be scheduled in a way that maximizes a company’s manufacturing facilities. Products manufactured within the stipulated time period, allows a company to cater to the demand generated during the Ordering Process. A tightly run production scheduling process sets up an efficient manufacturing cycle.

     

    Stage 4: Manufacturing

    Once the production scheduling process has been streamlined, the actual manufacturing process can commence on available machinery and production lines. To become leaner and eliminate waste, savvy companies employ machine monitoring software - a modern, secure cloud analytics platform application, accessible from anywhere requiring no servers, automatic updates, and little IT expense.

     

    Stage 5: Transportation  

    The final stage of the manufacturing cycle involves efficient transportation of finished goods to different physical and geographical locations, such as warehouses, distributors, dealers, or retailers. This is literally where the rubber hits the road. With customer expectations higher than ever, even the slightest delay or slip-up in the transfer of product from the shop floor to the end user can be disastrous. Cancellations and payment delays are just two outcomes that can undermine all your efforts at manufacturing cycle efficiency.

     

    As you can see, all manufactured goods have to pass through a series of manufacturing cycle stages as they are transformed from raw material to a usable commodity that delivers profit to the manufacturer.

    For a company truly committed to being lean, every process and activity involved in the manufacturing efficiency cycle must be examined for opportunities to increase lean production.

    Monitoring your machines is one important step in this cycle. To learn more about how MachineMetrics can help improve your manufacturing cycle efficiency, reach out to us today.

    Learn More

    Comments

    Leave a comment

    Subscribe to our mailing list

    Related posts

    MachineMetrics is Honored in Built In Boston’s Prestigious Best Places to Work List in 2020

    MachineMetrics is Honored in Built In Boston’s Prestigious Best Places to Work List in 2020

    Boston, MA, January 13, 2020 — MachineMetrics today announced it was included on Built In Boston’s list of Best Places to Work in 2020. "It is such an honor to be recognized as one of Built In Boston’...

    MachineMetrics
    MachineMetrics named 2020 Smart Manufacturing Company of the Year

    MachineMetrics named 2020 Smart Manufacturing Company of the Year

    Northampton, MA, January 4th, 2020 – MachineMetrics, a leading data analytics platform for manufacturers, announced today that it has been selected as winner of the 2020 “Smart Manufacturing Company o...

    MachineMetrics
    A New Hope for Manufacturing's Platform Problem

    A New Hope for Manufacturing's Platform Problem

    The Industrial Internet of Things (IoT) space is hot right now, as manufacturing represents perhaps the largest greenfield opportunity left for digitization. Yet, IoT platform implementations have his...

    MachineMetrics
    Data tells a story; are you ready to listen?

    Data tells a story; are you ready to listen?

    While many of us are starting the new year resolving to transform ourselves by hitting the gym, eating better, and spending less money, manufacturers have the onus of a far more important transformati...

    MachineMetrics
    Finding the Right Cloud Solution for Manufacturers

    Finding the Right Cloud Solution for Manufacturers

    As more and more manufacturers begin digital transformations to take advantage of emerging technologies within Industry 4.0, choosing the right cloud-based solution is critical.  Not only is each prod...

    MachineMetrics
    Smart Machines - Improving Decision Making to Unlock Hidden Value

    Smart Machines - Improving Decision Making to Unlock Hidden Value

    With the arrival of the Industrial Internet of Things, manufacturers are finding themselves at the forefront of fast-moving, disruptive and revolutionary change.  Among other things, this change is qu...

    MachineMetrics
    Product Blog- The Truth About Job Standards

    Product Blog- The Truth About Job Standards

    How accurate expectations can increase your profitability and competitive edge We hear it all the time from manufacturers large and small: “The job standards are wrong.” Being the nerds that we are, w...

    MachineMetrics
    Four Key Benefits of PaaS for Manufacturers

    Four Key Benefits of PaaS for Manufacturers

      In today’s global economy, modern manufacturing is highly competitive, with companies vying for market share and often operating on razor-thin margins.  To maintain a competitive edge, companies con...

    MachineMetrics