LNS Research is thrilled to launch the first Analytics That Matter survey in partnership with MESA (Manufacturing Enterprise Solutions Association) International. For the last six years we partnered with MESA on the Metrics That Matter survey, which has been one important foundational element of LNS Research’s primary data-driven research. As the use of plant-centric data has expanded dramatically since the last survey in early 2016, we decided to change the focus from overall metrics to the use of analytics in manufacturing operations and beyond.Read More
Tags: Manufacturing Operations Management (MOM), Industrial Internet of Things (IIoT), Overall Equipment Effectiveness (OEE), Benchmarking, Metrics, Artificial Intelligence / Machine Learning (AI/ML), Asset Performance Management (APM), Big Data, Asset Reliability, Industrial Transformation / Digital Transformation, Industry 4.0 / Smart Manufacturing, Manufacturing Execution System (MES), Mobile / Mobility
Overall Equipment Effectiveness (OEE) is a metric that most manufacturers rely on to help them understand how well their manufacturing operations are performing. Almost every discussion LNS Research has with end user clients about manufacturing operations eventually comes to OEE. A key factor influencing OEE is asset reliability. The bottom line is that a poorly performing asset due to poor maintenance can kill your OEE performance. The challenge that many companies face is there are multiple ways to address reliability. That’s why LNS Research is highlighting the automation and Product Life Management (PLM) giant, Siemens, and its approach to equipment reliability.Read More
Asset Performance Management (APM) is a critical core competency for any manufacturer or asset intensive company. LNS Research has designated APM, along with Quality, Manufacturing Operations, Energy Management, and Environment, Health, & Safety (EHS)/Sustainability as a pillar of Operational Excellence. Failure to achieve excellence in any one of these pillars puts Enterprise Performance at risk and failure in in two or more pretty much dooms any chance of achieving Operational Excellence, regardless of how the enterprise defines it.Read More
The #MondayMusings blog series provides executive level insights and analysis for the Industrial Internet of Things (IIoT) and Digital Transformation from the previous week’s briefings, events, and publications @LNSResearch.
As of late, GE Digital has been frequently featured on this blog for the advances it has made with the Predix platform (not to mention its entertaining Olympics commercials). However, this post and our most recent briefing was not for Predix, but rather the next generation of one of its legacy products – HMI/SCADA.Read More
Supplier Quality Management (SQM) is a top of mind consideration for quality leaders across industries. When done properly, aligned with best practices, it can also provide substantial increases in departmental, operational, and financial performance. Earlier we discussed the changing role of technology in SQM and introduced possibility of SQM technology as a disrupter.Read More
Overall Equipment Effectiveness (OEE) has been discussed a lot in the LNS Research blog from both an Asset Performance Management (APM) and a Manufacturing Operations Management (MOM) perspective. This time I thought I’d explore OEE as a quality metric since nearly a third of our Quality survey respondents ranked it as a key metric (third only behind customer complaints and on-time delivery).Read More
It’s the nature of a manufacturing business to have both competing and complementary goals and objectives. Financial and operational goals are sometimes seemingly at odds where time and resource investments should be made to best meet overall corporate initiatives. But sometimes, there exist opportunities for alignment and synergy as well.
It’s not uncommon today, if you visit a manufacturing plant, to see large digital displays peering down at the workforce, keeping everyone apprised of some of the key metrics, measurements, and statistics of what’s happening on the shop floor. Listed among these backlit harbingers, you might see a board with three ominous vowels—“O,” “E,” “E,” Overall Equipment Effectiveness. Surely this metric holds great importance to all beneath its glow.