Still on the fence about IoT? That’s fair; you have your time and money to consider.
Take a moment to envision dancers on a stage. Each performer in the show has a very specific job to do, one that may or may not be identical to someone else’s job. Regardless of exactly who is supposed to move when and how, in order for it to look graceful and be a success, the dancers must be working in harmony. They must synchronize their motions in order for the show to be fluid and successful.
This is what Prophecy IoT can do for your business, large or small. Web-based and fully able to be tailored to your needs, it will connect your ERP to real-time data, providing synchrony throughout your enterprise. A simple list of possibilities would be monitoring and controlling machinery, displaying real-time metrics, providing a variety of alarm functionality, collecting information from and updating information to the ERP, among other things.
In order to give you a clearer picture, here’s another, more on-target example of how IoT can help a customer control inventory variances. This case study took place in a plastics manufacturing company that employs Infor’s Cloud Suite Industrial Software. It was found that their actual manufacturing bill of materials (BOM) repeatedly did not match their ERP BOM.
In this circumstance, the company used production schedules to control their work flow through a number of plastic blenders and extruders. Shortages in blender components would result in substitutions on the shop floor. Due to environmental conditions, blend percentages varied during production, and it was seen as cost ineffective to provide an ERP license to every machine on the shop floor. As result of this and the fast-paced environment, the BOMs could not be updated to represent the as-built status. The production of scrap material was not being inventoried as needed, which can be a significant percentage of the inventory consumed.
All of this resulted in thousands of pounds of inventory variances in each production schedule.
Can your business thrive with such discrepancies?
Now when utilizing Prophecy, operator selections are combined with automated inputs from the blender and the scale. At the production run’s beginning, the user selects a production schedule offered from the ERP software as well as the desired finished good. Alterations and modifications can be made via the software, so the end product of the cycle will be exactly as desired, with no surprises or unexpected waste. This can be done wirelessly, based off data, or done manually if preferred or necessary. Percentages and measurements are all clearly displayed for the operator prior to sending the information to the ERP. Then those numbers can be compared to what raw material is actually present in the work center for production. You may set the technology to automatically process these numbers for you.
The above video breaks all of this down for you step by step. It also discusses the scrap material and how it can be collected and weighed at the end of a cycle; that number is entered into the operator interface. When Prophecy computes these numbers, a downtime data table will be created so the customer can analyze the scrap material and raw material, and how those numbers compute compared to overall inventory and accounting. The plastics manufacturing company was able to find savings of hundreds of thousands of dollars just by analyzing this aspect of their manufacturing, and it was made possible thanks to Prophecy IoT.
Watch the video, and after watching, visit www.godlan.com and www.phrophecyiot.com for further information. Please call us at 586.464.4400 to speak with us about how we can help you make the most of your time and money thanks to IoT.