Improve machine utilization in stamping die shop using digital technologies
Driven by emerging technologies, manufacturing ethos across the globe is transforming rapidly. Digital manufacturing is set to overhaul manufacturing practices by enabling operators to visualize, analyze, and collaboratively create products and processes definitions simultaneously. However, redefining the established paradigm is not an easy task. Owing to economic pressure, industry players are reluctant to invest in new technologies and the lack of customized vertical-specific solutions continue to impede wider adoption.
From an industry perspective, dies and press lines present themselves as critical but cost-intensive hardware. Maximizing return on investment (ROI) against these assets is crucial for maintaining a healthy bottom line. However, this would require optimizing uptime, usage, and downtime for ensuring peak productivity. Digital manufacturing tools and technologies can be leveraged in this context to monitor, analyze and inform decision makers with the most favorable options for maximizing stamping die shop machine utilization, thereby defining new boundaries for performance and efficiency.
This white paper highlights key challenges and opportunities manufacturers can begin to explore in a digitally-enabled manufacturing space. Furthermore, the paper also discusses, at length, the primary tools, and processes manufacturers can harness to streamline machine utilization.
Download and read our white paper to know more.
Some Numbers of Interest
By 2018, coordination of activities based on enterprise-wide planning will fall inside the expanse of fast-paced integrated business planning will be undertaken by 75% of manufacturers
By 2018, Product-as-a-Service model will be incorporated by 40% of the leading discrete manufacturers
By the end of 2017, there will be a 50% rise in the investments that facilitate manufacturing processes that are digitally executed