Real world studies show significant opportunity to improve performance
Best-in-Class manufacturers in the food and beverage industry outperform their peers on a number of key performance indicators. Benchmark studies reveal how laggards should focus their efforts to catch up.
Industrial manufacturing operations gain competitive advantages
when they focus on operational excellence initiatives like Six
Sigma, Lean Manufacturing, Total Productive Maintenance and other
continuous improvement methods. They set goals to unlock
capacity and reduce inventory and labor costs, while increasing
productivity without additional capital investment.
To derive further manufacturing insight, Solarsoft analyzed
industrial operations worldwide. Researchers used Solarsoft
Informance Plant Reporting Module and IMPACT Advisory Services to
collect data, derive insight and discover correlations to
operational success of tactical and strategic actions.
Key Findings
- Because of expensive equipment costs in this industry,
industrial manufacturers utilized their equipment almost 20% more
effectively than all other industries.
- The best operations have 7x less product anomalies than the
laggards.
- Laggards have 8.5x more unspecified downtime than the best in
the industry.
- 81% of Industrial downtime comes from only three of the big six
loss categories-shutdowns, changeovers, and operational
downtime.
Schedule a Briefing Today
Schedule a briefing to find out how you can
benefit from the insights gathered during the intensive study, and
how you can achieve the following results:
- Run with 8x fewer minor stops
- Achieve 5x fewer shutdowns
- Reduce changeovers by 16x
- Outperform laggards OEE by 173%