LeapZipBlog: FactoryWorx's blog: Factoryworx Production Reporting

Factoryworx Production Reporting

January 23, 2020 by FactoryWorx  

Production Reporting

  • Reduce manual data collection Labor Costs: With the introduction of automation in production reporting, manual data collection processes are now avoided, resulting in reduced labor cost and improved data accuracy. 
  • Develop Inventory Accuracy : When you update the inventory system in your factory electronically with respect to real time production monitoring system, you can track down order status and production flow and can update the Enterprise Resource Planning (ERP) system automatically.
  • Regulate accurate Job Elements: When reporting was done manually, determining the standards in each job stage were difficult. But with automated FactoryWorx production monitoring, during data collection, it is simple to calculate production life cycle time, run time, down time, setup time and labor hour standards to develop accurate Job costs.
  • Practice KPI Dashboards: Real-Time KPI (Key Performance Indicator) screens display huge bulk of data. FactoryWorx cloud displays OEE (Overall Equipment Effectiveness) status, current downtime reason, average cycle time or production rate, etc.  
  •  OEE reporting: The AI enabled controller features adaptive intelligence that identifies and spots normal and abnormal features in each of the equipment.
  • MTBF (Mean Time Between Failures) is a measure of how often something will fail.
  • MTTR (Mean Time To Repair) is a measure of how long it will take to fix a problem.
  • Together MTBF and MTTR help increase the risk.

Job Shop Scheduling | Industry 4.0 Enabled | Predictive Analytics | Production Reporting | Factory Dashboard | Manufacturing Resource Planning | Predictive Maintenance | Maintenance Management System | Paperless Manufacturing System | Printing Management System Factoryworx Transportation | Team Collaboration | Project Execution | Recipe Management System | Inventory Tracking System | Business Improvement Training | Energy Management System