Modernize by Simplifying Processes and Maximizing Your Marketable Product Profits

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Modernize by Simplifying Processes and Maximizing Your Marketable Product Profits

blue database with data points

It is a well-known principal goal of manufacturers to maximize the profits from a marketable product. In today’s world with everyone already following practices to do more with less, how can you do more? You can decide to modernize.

By modernizing and digitizing your data, you can:

  • Maximize your time management
  • Report for compliance, KPIs and forecasting
  • Eliminate downtime

Modernizing includes everything from upgrading your internal systems from spreadsheets to global tracking, and is an excellent vehicle for finding process improvement benefits. The beauty of modernization is it can help you do more while spending less, and can be a scalable roll out to avoid distracting your organization with a long and costly adoption.

Once you decide to modernize, you need to identify where, as a manufacturer, you can benefit the most and make the greatest impact. Your role in the supply chain is critical and the usage of manufacturing assets impacts everything from compliance to the production timeline – this is essential and a great place to start. Your understanding of the needs of your engineering and maintenance teams can help maximize processes and impact the cost of your marketable product, and therefore, the bottom line.

How to Maximize Time Management

Time really does equal money. But how can your company to see the benefits of modernization without it costing more than it helps? One thing you can do to have an immediate impact is implementing a foundational solution to help you better utilize your resources, both human and physical.

Implementing a computerized maintenance management system (CMMS) can provide this foundation, and eventually help you scale into an enterprise asset management (EAM) solution.

CMMS

A CMMS communicates your digitized information from maintenance teams to leadership. Common applications within a CMMS include:

  • Work order management
  • IoT integration
  • Predictive and preventive maintenance

A comprehensive CMMS tool will provide intuitive features that your workers will quickly adopt and use, and will not require extra time away from assets in order to input and record additional data.

And a scalable CMMS will integrate with your existing legacy systems. You should not need to build out any additional ad-hoc modules. The tool is built with the end user in mind and specifically for reporting to management, but not a management tool that is built to report. Thus, a successful CMMS must be easy to use with the ability to analyze data. A larger, more complex system could take extensive training and it could be years before you see complete user adoption or any positive effects for your bottom line.

EAM

Once you have integrated a CMMS, your next step should be implementing an EAM. A comprehensive EAM will include:

  • Asset management
  • Labor management
  • Inventory management
  • Multi-device Mobility

Seamless communication between your CMMS and your EAM is critical. These solutions need to work together in order to give you a complete view of all your assets. For example, your asset management and inventory are closely tied, and information regarding your available spare parts can reduce downtime by letting you quickly know what is available and what needs to be ordered. You immediately benefit by maximizing data-driven decisions and improving time management.

Reporting for Compliance, KPIs and Forecasting

According to the Strategy for American Leadership in Advanced Manufacturing, there are three goals across industrial sectors to ensure national security and economic prosperity:

  1. Develop and transition new manufacturing technologies
  2. Educate, train and connect the manufacturing workforce
  3. Expand the capabilities of the domestic manufacturing supply chain

With these objectives in mind, plus your own unique business initiatives, you can see how modernization can make a huge impact for your organization.

In today’s digital world, you must be data-driven. Reporting is necessary both inside and outside of your organization, and tracking your internal assets KPIs and forecasting your needs are both integral parts of long-term planning, especially when everyone’s wants and needs are included.

Business decisions are made every day based on ROI percentages shared across departments, demonstrating just how critical internal reporting has become. Having a solution in place to track your different business areas is essential. And implementing a solution that bridges the gaps between departmental actions and reporting should not cause any problems if you have successfully modernized.

When you have integrated both a CMMS and EAM solution, these reports are as simple as calling up the data in a readable format using the parameters needed by the different departments, which, in many cases, is just a few clicks away.

Eliminating Downtime

Downtime is another challenge everyone in manufacturing fights. Through modernization, your organization can not only maximize time management and reporting efforts, but also enable preventive and predictive maintenance. These two maintenance practices can nearly eliminate downtime by staying ahead of unexpected failures.

The integration of a CMMS and EAM solution not only make preventive and predictive maintenance programs achievable, but also improves visibility across the company for trackable costs.

Maintenance Connection is a scalable model that encompasses both a CMMS and an EAM. It is easy to use, has a short implementation and has a very short time to benefit.

Modernization does not have to be costly. It should be scalable to your needs and show quick benefits, for both your employees, your stakeholders and your organization.

Contact us today for a free demonstration.

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