The costs of flying blind

Do you ever feel like you’re flying blind when running your plant, not sure exactly how your machines are being used? Poor visibility into machine utilization can lead to a number of costly inefficiencies, including: 

• Less agility to respond to new orders or adjust to new circumstances.

• Delayed order fulfillment, which can cause lost customers or revenue over time.

• High costs of overtime. 

• Costly lost production time during setup and changeovers. 

• Slow resolution to problems, or problems that become more severe without timely resolution.

• Sub-optimal planning across machines or plants without visibility into capacity. When plant managers have a clear picture of what is happening in their plant they can focus on fixing specific problems or trends in order to improve overall efficiency and productivity.

• Wasted time and effort without good data to prioritize the most severe problems. 

• CapEx wasted on expenditures that could have been avoided, such as new machines purchased when existing machines still have idle capacity that could be used more efficiently.

Each of these inefficiencies can cost money, increase risk, and decrease long-term competitiveness, and are problems that Guidewheel’s real-time system can help address. If you’d like support quantifying the costs of these problems at your plant, let us know at info@safi.ai. 

With Guidewheel’s real-time system, plant managers can gain visibility across all their machines - no matter the machines’ age, make, or model - to be able to stay in control and save money to stay competitive. Read more here.