By analysing production time, downtime, machine activity time, quantity produced and scrappage, FactoryIQ provides dashboards and reports to help identify exceptions and trends,
and guide the improvement process.
Valuable metrics including OEE and OTIF are automatically calculated in real time enabling you to intervene faster.
All data is held in perpetuity, so the pace of improvement can be easily determined. Resources can be planned and jobs costed more accurately based on this historical data.
With accurate data available you can start to confidently make decisions about future investments, for example identifying a previously invisible
"pinch point" in your processes could justify the purchase of a new machine. Likewise, you might find spare capacity in some areas which your sales team can take advantage of.