Archive | Business

How is OEE Calculated?

  OEE (Overall Equipment Effectiveness) provides an indication for how effectively machines are utilized on a manufacturing plant floor. It’s valuable for identifying and removing production constraints and for driving up revenue earned by every machine. The calculation has some mysticism surrounding the complexity of it’s calculation. We’ll simplify the calculation to a level where […]

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Breaking it Down: Building Blocks of Smart Manufacturing

  A Smart Manufacturing company is a manufacturer with fully integrated solutions which empower it to be highly flexible and responsiveto changing conditions, with self-healing systems. Those capabilities enable a company to reduce costs, generate more revenue, andincrease their competitiveness in their market. So how does it all work, and where do these capabilities come from? […]

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What Is Smart Manufacturing and Why Should You Care?

    Smart Manufacturing is a term with many definitions that all have one theme in common: using new technologies and capabilities to gain competitive advantage.     The Ideal and The Reality At Ectobox, we say that a company is a “Smart Manufacturing” company when they have fully integrated solutions which empower them to […]

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The Value of Condition-Based Monitoring. Part II: Technology

    Last time, we discussed how to prepare to implement an effective condition-based monitoring system for your operations. In this month’s post, we’ll show you how to choose the right technology.     Choosing the Right Tool With the operating parameters and failure modes defined, you can now add effective monitoring to your operations.. […]

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The Value of Condition-Based Monitoring. Part I: Preparation

  Summary Diligent monitoring of the condition of equipment at manufacturing plants (condition-based monitoring) can have a big impact on the company. This is an increasingly urgent issue  in a market where approximately $65 billion worth of automation systems are at or near the end of their useful life. The oldest equipment still in use […]

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One-Two Punch: Use the Industrial Internet of Things (IIoT) and the P-F Curve to Save Money and Increase Uptime

Summary IIoT can improve a manufacturing company’s asset utilization and production line up-time and produce significant savings in maintenance costs. This is illustrated through the P-F curve method of condition-based maintenance. Causes of Failure Vary: Let’s start with the basics. Failure of an asset or piece of equipment is a process, not an event. The […]

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Banish Uncertainty and Revolutionize Your Business with an IoT Business Transformation Plan

The good news is that in this digital age, no company needs to operate in the dark anymore. Leveraging the Internet of Things (IoT) in the right way can help you banish uncertainty.