14 plus 4 Benefits of an MES!
That's right! Let's talk about 14 4 benefits of a manufacturing execution system project!
The Manufacturing Execution Systems (MES) provides essential information that helps managers to:
• take important decisions for production,
• better understanding of the current conditions in the plant,
• optimize the production process.
Therefore, a detailed analysis of the ROI requires, above all, the identification of a balance between all the obtainable advantages and the costs to be incurred for the implementation of the MES.
As for the advantages, it should be noted that with technological progress, today it is possible to rely on intelligent devices and cloud systems, thus, operators and managers can benefit from an intelligent MES platform, constituting an investment that, in terms of price, it costs less than a monthly payment of a sports car.
This technological transformation has a very strong impact on production and acts on:
• people
• processes
• systems.
The catalyst for this sudden change, but also an improvement, is to be attributed to access to data.
The MES, in other words, has the purpose of accumulating and providing this data at the most appropriate time.
Plus, the MES, thanks to the IoT, expands its software capabilities, integrating perfectly with it.
McKinsey & Company, one of the largest management consulting firms, has estimated that the economic impact of the Internet of Things (IoT) will be between $ 1.2 and $ 3.7 trillion by 2025.
Moreover, the number of connected IoT devices is expected to rise over 75 billion within the same year!
Factories must implement smart solutions now! If they want to reap the rewards in the future and remain relevant in the market.
So why are so many manufacturers failing to implement solutions like MES in their operations, despite an ROI in less than 2 months, guaranteed by an MES solution?
The role of uncertainty:
the enemy of future progress According to a Gartner / MESA report, 63% of IT companies surveyed said their biggest obstacle to implementing MES in their factories is cost.
The project and the ROI are not correctly understood by potential MES implementers. A reality that represents a great challenge for the future advent of smart factories.
However there are numerous advantages to an MES solution.
So,we understood that the lack of understanding of ROI is an important obstacle that must be overcome.
Let's examine what ROI actually is and how it is normally calculated.
A simple ROI calculation predicts the net profit of the investment divided by its cost.
This calculation, however, is sufficient for traditional investments, which only deal with returns that do not take into account today's economic environment and long-term benefits.
In particular, what are the benefits of an MES?
1. Increased productivity.
2. Improvement of the OEE.
3. Significant gains 2 to 6 months from implementation.
4. Increase production efficiency.
5. Reduction of waste
6. Drastic reduction in material loss.
7. Stock savings in the warehouse
8. Reduction of the human error rate.
9. Significant drop in defective parts.
10. Improved and increased quality.
11. Machine learning and artificial intelligence (AI), for a continuous improvement of the entire production process (Kaizen).
12. Wiser and Faster Decision Making: Managers and practitioners can make decisions faster and more thoughtfully.
13. Factory optimization for constant innovation: knowledge acquired thanks to the accurate processing of factory Big Data.
14. Time-saving: essential to allow producers and workers to focus their energies on new plans and projects.
PLUS...
Standardized processes allow the entire factory for everyone to go hand in hand:
1. See the manufacturing process on the same monitor.
2. View resources in real-time
3. Resolve problems immediately
4. Creating a better and more flexible work environment for all managers and operators
All in all...
The list of concrete and flexible advantages of MES and IoT solutions is constantly growing, proceeding in parallel with the advancement of technology.
From a SMALL commission today to a BIG return tomorrow.
