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Industry News: Technology - The Secret Life of the American Factory

New Data: New Fruit…that’s the promise of finding new data sitting right there under your nose on the factory floor.

Doug Woods, president of the Association for Manufacturing Technology and MTConnect champion says it this way:
"At the end of the day," he explains, "after you've invested in hardware and machines, at some point it all comes down to how do you wring the maximum amount of productivity out of them? How do you get the ultimate efficiency out of the facility?" The only way to be confident you're doing that, he says, is to really understand what is going on with all of the equipment in the factory all of the time. And that, he says, comes down to having "really good data." 

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Tips:  LX | BPCS | M3

Are your employees not as productive as you’d like them to be? Are jobs not getting completed on schedule? Without actual data, making decisions about how efficient your operation is will be difficult. Start tracking actual time to complete each operation. Compare different production lines running the same job. Is one line running more efficiently? If so, start looking at why. Track downtime, setup, etc. Once you start really analyzing each piece of the puzzle, you can begin to uncover areas that are ripe for improvement.

Optimize Your Manufacturing Today!

When there is a problem, making a decision in a vacuum is the worst thing you can do.

Get input from others within your organization. If possible, consult those at various levels. By being open with others as to the nature of the problem, and enlisting their help in determining the right solution, resistance to the recommended solution is quite often greatly reduced.

Optimize Your Manufacturing Today!

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Tips: LN | Baan

All actions required for converting, validating, matching, and posting electronically received bank statements can be performed within a single session:

  • Bank Statement Workbench (tfcmg5610m100)
  • Bank Statement (tfcmg5610m000)

Alternatively, you can use the sequence of electronic bank statement sessions outlined below.

Steps to Process Electronic Bank Statements:

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