Podcast: The philosophy and application of data-driven manufacturing

David McPhail in conversation with James D. Sawyer – Editor Emeritus, Advanced Manufacturing

A manufacturing concern can get the greatest return on its investment by optimizing its overall equipment effectiveness, or OEE. In this podcast hosted for SME, MEMEX CEO David McPhail details the relationship between OEE and the Industrial Internet of Things (IIoT). Data, he explains, is what drives this relationship. Data-driven manufacturing consists of keeping track of everything that happens on the shop floor, and software, including MEMEX’s MERLIN Tempus solution, helps monitor and manage that data.

Update with MEMEX Inc. | Stock News Now – June 2017

SNNLive spoke with David McPhail, President and CEO of MEMEX Inc. (TSX-V: OEE) (OTC: MENXF) at the LD Micro Invitational 2017 in Bel Air, CA.

Leveraging Data-Driven Manufacturing for greater efficiency and profitability

Everyone responsible for deploying Data-Driven Manufacturing on the shop floor needs a
roadmap. During this presentation, MEMEX will discuss company’s proven approach for driving
productivity through managing the efficiency of the manufacturing process. The presentation will focus
on importance of complete shop floor connectivity, shop-floor-to-top-floor dashboarding, and team
sharing of real-time data for greater efficiency, productivity, and productivity.

• Reduce your company’s operating cost with complete visibility
• Identify constraints to increase your overall profitability
• Stay ahead of the competition with the Automated Approach
• Identify your improvement opportunities to create the factory of the future

 

 

Be a Top Shop: Shop Floor Management Best Practices

To be a Top Shop, your shop needs to harness the full potential of Data-Driven
Manufacturing. No machine is left behind. No operator is out of the loop. And every shop floor manager
can see, share, collect, analyze and act on OEE and a multitude of other productivity metrics.

 

• How to easily connect both legacy and newer machines
• Shop-floor-to-top-floor dashboarding and team sharing of real-time data
• Making bi-directional ERP connections for one version of the truth
• Managing expectations and change management to create ongoing improvement

 

 

Data-driven manufacturing: Making IIoT and Industry 4.0 come alive on the factory floor

The Industrial Internet of Things. Industry 4.0. Real-time Continuous Improvement. Cyberphysical systems. The manufacturing world is swirling with buzzwords and urgency around data-driven manufacturing. So how do you make it real in your factory? This presentation boils it down to a proven approach. Embrace every machine as a node on your corporate network that delivers real-time dashboard data.

• Change culture to harness the power and profit of data-driven manufacturing
• Incorporate process-driven data from real-time analog sensor sources
• Introduce dynamic job scheduling and ERP connectivity
• Case studies: 20%-plus profit improvement based on an achievable 10% increase in OEE

Measuring Manufacturing Excellence

The award-winning MEMEX smart manufacturing tool-kit makes the Industrial Internet of Things (IIoT) and Industry 4.0 come alive on the factory floor. MERLIN Tempus is the took-kit’s software foundation. It equips industrial machines with the necessary interfaces for data-driven manufacturing, then presents that data in Web-enabled dashboard reports so machine operators, factory managers, engineers, production managers, continuous improvement managers and senior management can work together to dramatically improve productivity and profit. MERLIN Tempus delivers a 10%-50% average productivity increase, earns 20%-plus profit improvement based on just a 10% increase in Overall Equipment Effectiveness, achieves payback in less than four months with an Internal Rate of Return greater than 300%, and ensures no machine is left behind – connecting them with MTConnect, other protocols, or MERLIN hardware adapters for older machines. Combined with MERLIN Tempus, MEMEX’s Continuous Improvement Fast-Track Services reveal ongoing factory productivity gains and ROI for years to come.

The MEMEX promise

The award-winning MEMEX smart manufacturing tool-kit makes the Industrial Internet of Things (IIoT) and Industry 4.0 come alive on the factory floor. MERLIN Tempus is the took-kit’s software foundation. It equips industrial machines with the necessary interfaces for data-driven manufacturing, then presents that data in Web-enabled dashboard reports so machine operators, factory managers, engineers, production managers, continuous improvement managers and senior management can work together to dramatically improve productivity and profit. MERLIN Tempus delivers a 10%-50% average productivity increase, earns 20%-plus profit improvement based on just a 10% increase in Overall Equipment Effectiveness, achieves payback in less than four months with an Internal Rate of Return greater than 300%, and ensures no machine is left behind – connecting them with MTConnect, other protocols, or MERLIN hardware adapters for older machines. Combined with MERLIN Tempus, MEMEX’s Continuous Improvement Fast-Track Services reveal ongoing factory productivity gains and ROI for years to come.

“Our Product Generates Over 300% IRR,” Says Memex’s CEO

Memex’s Merlin platform measures overall equipment effectiveness

SmallCapPower was at the Canadian Innovation Exchange’s Public Investor Day in November and had an exclusive chat with David McPhail, President and CEO of Memex Inc. (CVE:OEE). The Company’s main product, Merlin, is both a software and hardware platform product that uses three metrics to calculate overall equipment effectiveness (hence their stock symbol) and generates nearly 50% productivity improvement. Find out how Merlin helps to generate over 300% internal return rate of capital, and OEE’s plans to solidify its position as a market leader in North America.

 

Click here to watch the video interview 

“Our Product Generates Over 300% IRR,” Says Memex’s CEO

SmallCapPower was at the Canadian Innovation Exchange’s Public Investor Day in November and had an exclusive chat with David McPhail, President and CEO of Memex Inc. (CVE:OEE). The Company’s main product, Merlin, is both a software and hardware platform product that uses three metrics to calculate overall equipment effectiveness (hence their stock symbol) and generates nearly 50% productivity improvement. Find out how Merlin helps to generate over 300% internal return rate of capital, and OEE’s plans to solidify its position as a market leader in North America.

MEMEX Inc. Discusses IIoT Market, Growth Drivers, Goals and Milestones for 2016-2017 in New SNNLive Interview

LOS ANGELES, Nov. 17, 2016 /PRNewswire/ — StockNewsNow.com, The Official MicroCap News Source™, today published SNNLive Video Interview with David McPhail, President and CEO of MEMEX Inc. (TSX-V: OEE), the developer of MERLIN, an Industrial Internet of Things (IIoT) technology platform that delivers manufacturing productivity in Real-Time, according to the company’s website (see here: www.memexoee.com). The video interview was recorded on Monday, October 24th, 2016 at The MicroCap Conference 2016 in Philadelphia, PA.

Click the following link to watch the SNNLive Video Interview on StockNewsNow.com:

MEMEX Inc. – Developer of IIoT Technology Platform Delivering Manufacturing Productivity in Real-Time

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About MEMEX Inc.

MEMEX, the developer of MERLIN, an award winning IIoT technology platform that delivers tangible increases in manufacturing productivity in Real-Time, is the global leader in machine to machine connectivity solutions. Committed to its mission of “Successfully transforming factories of today into factories of the future” and encouraged by the accelerating adoption and success of MERLIN, MEMEX is relentlessly pursuing the development of increasingly innovative solutions suitable in the IIoT era. MEMEX envisions converting every machine into a node on corporate networks, thereby, creating visibility from shop-floor-to-top-floor. MEMEX, with its deep commitment towards machine connectivity, offers solutions that are focused on finding hidden capacity by measuring and managing Real-Time data. This empowers MEMEX’s customers to effectively quantify and manage OEE, reduce costs and incorporate strategies for continuous lean improvement.

For more information and company description, please visit: www.memexoee.com

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