Business Outlook 2011 – Innovation Advantage

A recent publication, “Business Outlook 2011 – Innovation Advantage” that was put together by Canadian Plant magazine and Rogers Communications shed some interesting light on the manufacturing industry. It is based on a survey of manufacturing companies as well as a roundtable discussion with senior executives of leading manufacturing companies. Memex Automation was invited to participate as a supplier to the manufacturing industry, specifically David McPhail, President.

Some interesting notes about this outlook:

  • 77% of manufacturers identified improving productivity as a major issue.
  • 86% identified innovation is an important aspect of their competitive strategies.
  • Most panelists agree lean manufacturing is key to productivity improvement and innovation but adoption among survey respondents is just under half at 49%, suggesting there is much room for improvement here.
  • 91% of manufacturers have investment plans for 2011.
  • Process improvement tops the list of priorities for 2011.
  • Only about 40% of companies took advantage of the federal tax credit.

Much discussion was had about applying tax credits towards improving manufacturing productivity, all as a competitive advantage.

If you would like a hardcopy glossy reprint of the article, feel free to email to salesgroup@memex.ca and we will mail it out, or go online.

Advice on Software for Job Shops

Recently the manufacturing journalist, Derek Singleton published an interesting article in Software Advice that should be of strong interest to Job Shops.

During his research with shop leaders, three areas surfaced as essential components to consider when choosing software: flexibility of bill of materials, work order features and the ability to deliver real-time, actionable data. We at Memex believe in providing real-time data, automatically from the machine and complementing a flexible work order system on the shop floor. Our customers tell us the same things, as we support them to bring true value to their operations. Below is a quick synopsis of Derek’s article.

  1. A Flexible Bill of Materials Fosters Custom Production – Job shop production requires software that supports a dynamic bill of materials (BOM). As such, it’s important to look for BOM functionality that allows the production team to adjust materials during manufacturing processes. At the same time, there should be functionality to substitute alternative materials in an already defined BOM plan. This is a fundamental building block of job shop production and important feature for the high level of product variation in shops.
  2. Work Order Functionality Maintains Workflow – It’s not unusual for a mid-sized job shop to have 200 work orders floating around at a given time. Managing these manually is a paperwork nightmare – not to mention inefficient. With automated software, however, you can deliver work orders directly to machine operators at their work stations. This prevents operators from having to go to the production manager to ask for their next tasks.
  3. Real-time Data Creates a Proactive Environment – Having a flexible BOM and strong work order functionality does little good if real-time data isn’t accessible for employees to make the best decisions. The laundry list of information that needs to be kept up to date can be dizzying. A shop needs to know what’s being fabricated, what’s being scrapped, why items were scrapped, how many parts shipped and so on. Providing real-time access to this data clearly means gathering information in real time. One way to achieve this is to follow Forrest Machining’s lead: Put computers at or near every work station for workers to input data for analysis.

Beyond knowing which software components are the most important, it’s also necessary to understand how to get the most out of your system. In other words, the software alone cannot make your shop successful – you must also be able to make efficient use of the functionality to maximize your outcomes.

MEMEX - BNN Interview

BNN Interview with Memex Automation

Watch BNN interview David McPhail, President and CEO of Memex Automation, describe how Memex manufactures a suite of hardware and software products, connecting the shop floor to the top floor in real time, and measuring Overall Equipment Effectiveness (OEE), a universal worldwide metric in defining how efficient manufacturing works.

MEMEX - Interview with BNN

BNN Interview with Memex Automation

Watch BNN interview with David McPhail, President and CEO of Memex Automation, describe how Memex’s solution can improve productivity and profitability.