OEE | Matics https://matics.live/tag/oee/ Connected Worker Platform & Real-time Manufacturing Analytics Mon, 29 Jul 2024 09:13:26 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.3 Smart KPI’s in Manufacturing https://matics.live/blog/smart-kpis-in-manufacturing/ Mon, 29 Nov 2021 08:48:33 +0000 https://matics.live/?p=3203 How Setting Effective Targets with KPI Management Lets Manufacturing Operations Continually Improve Key performance indicators (KPIs) are an essential part of tracking production in manufacturing. But they aren’t just for evaluating past performance: they play an integral role in the ongoing improvement of any process. How an organization handles KPI management will have a significant […]

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]]> Why Digital Manufacturing Dashboards Matter for Industry 4.0 https://matics.live/blog/why-digital-manufacturing-dashboards-matter-for-industry-4-0/ Sun, 26 Sep 2021 08:49:02 +0000 https://matics.live/?p=3007 Industry 4.0 is all about tracking rapid real-world changes and using them to improve the productivity and profitability of your factory. Naturally, data is key to this process, and so are manufacturing dashboards.  A good manufacturing analytics dashboard translates the endless stream of data delivered by real-time monitoring systems into easy-to-understand visual displays and clear […]

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]]> Real-Time Operational Intelligence (RtOI) in Modern Manufacturing https://matics.live/blog/real-time-operational-intelligence-rtoi-in-modern-manufacturing/ Sun, 05 Sep 2021 20:25:39 +0000 https://matics.live/?p=3000 Simplifying the way manufacturers aggregate, analyze, and act Industry 4.0 has changed the face of manufacturing, forcing manufacturers worldwide to recognize that digitalization must take place within their shop-floor. Today, many manufacturers have already begun transforming their shop floor and adopting industry 4.0 best practices by integrating connective technological tools. This enables them to capture […]

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]]> Best Practices for Cloud-Based Manufacturing Software https://matics.live/blog/best-practices-for-cloud-based-manufacturing-software/ Mon, 30 Aug 2021 11:16:04 +0000 https://matics.live/?p=2985 Choosing the right manufacturing software is a key concern for plants during their transition to Industry 4.0. Without the right tools to support them during this process, they risk quickly falling behind competitors who made more effective investments.   Cloud-based manufacturing software solutions offer a number of benefits that make them an attractive choice for plants […]

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]]> The Importance of Real-Time Manufacturing Analytics in Achieving OEE https://matics.live/blog/the-importance-of-real-time-manufacturing-analytics-in-achieving-oee/ Sun, 04 Jul 2021 10:00:39 +0000 https://matics.live/?p=1076 Industrial Internet of Things (IIoT), cloud, and AI are all transforming manufacturing for the better.

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]]> How to Improve OEE in Manufacturing Industry https://matics.live/blog/how-to-improve-oee-in-manufacturing-industry/ Sun, 27 Jun 2021 07:04:03 +0000 https://matics.live/?p=2933 If you want your manufacturing facility to run smoothly and profitably, you need to know your overall equipment effectiveness (OEE) score. This number reveals your plant’s true productivity by measuring how long your machines are running, how much product you are making, and how many of those products meet established quality standards.   Improving OEE can […]

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]]> OEE Value: How to Calculate the Financial Impact of OEE? https://matics.live/blog/oee-value-how-to-calculate-the-financial-impact-of-oee/ Thu, 06 May 2021 13:30:50 +0000 https://matics.live/?p=2857 OEE is a well-known manufacturing KPI that measures the total efficiency of a production plant, but it can also be reframed as a potent financial indicator. When displayed in monetary terms, the OEE manufacturing metric can be used to illustrate the potential economic impact of production optimization and justify investments that will increase efficiency in […]

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]]> The Industry 4.0 Maturity Index: 6 Levels Toward Digital Transformation https://matics.live/blog/industry-4-0-maturity-index/ Tue, 16 Mar 2021 12:40:21 +0000 https://matics.live/?p=2668 Each year, as technology advances, the manufacturing industry gains new and exciting opportunities. Industry 4.0 is perhaps the most promising among current emerging trends. This six-stage process of the industry 4.0 maturity index outlines the journey each manufacturer takes toward digital maturity, from employing nascent digital solutions to automatically leveraging the predictive powers of a […]

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]]> CNC Machine Monitoring Software: What Is It and How to Improve Efficiency? https://matics.live/blog/cnc-production-monitoring-what-is-it-and-how-to-improve-efficiency/ Wed, 27 Jan 2021 10:05:49 +0000 https://matics.live/?p=2578 Increasing automation has made CNC machining a highly productive and profitable business, driving a projected annual growth rate of 5.5% between 2019 and 2026. Medical and aerospace industries are amongst the biggest users of CNC machinery, as well as defense and petrochemical companies, in which precision is an absolute must-have. However, greater operational efficiency is […]

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]]> Best Practices in Injection Molding: Mold Maintenance & Mold Monitoring Excellence https://matics.live/blog/best-practices-in-mold-maintenance-mold-monitoring/ Wed, 25 Nov 2020 11:19:14 +0000 https://matics.live/?p=2388 Molds are critical to cost-effective scalable manufacturing, but they come with a high price tag: a complex, high-quality mold for use in the plastics industry can easily cost hundreds of thousands of dollars. The products they are used to create also often generate millions of dollars in revenue.  It is imperative that your molds be […]

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