FreePoint Founder Redefines Success in Manufacturing Automation Magazine
Earlier last week, FreePoint Founder and Chair, Paul Hogendoorn was featured in Manufacturing Automation Magazine for his article titled “Redefining Success in Manufacturing”. Throughout his article, Paul explains the importance for manufacturers to not only measure their success, but to properly define what it means for them, and what it looks like in their shop.
Depending on who you ask in a manufacturing environment, success could look like a lot of things. Is it profitability and growth, or stability and job security? The challenge with having one catch-all definition is that success looks different depending on your manufacturing environment.
Many manufacturers like to use OEE as their metric for and definition of success, but as Paul outlines in his article, that may not always be the best indicator, as OEE does not easily apply to operations where each job is different. Instead, for some shops, machine utilization and average set up times may be far better metrics to use.
Despite our tendencies to aim for objectives others suggest as valuable, we must first define success in a way that is relevant to everyone on the plant floor. At the end of the day, it all has to do with what factors directly lead to success in your shop, and how those factors can be made quantifiable.
Don’t struggle to get the most out of your IIoT solution. Make sure you are collecting the right metrics to determine your success so that you can focus on the most important factors of your production process.
Get all the expert insights by reading the full article here.
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