Case Study

Reduce working capital requirement by optimizing production mix and supply chain

Published on 30th July 2021 | By Throughput INC

For

Multiple corporates

Tags

Industrial automation
Real time monitoring
Machine utilization
Supply chain efficiency
Manufacturing
Automotive
Optimise working capital gap

Challenges

  • Large Industrial Operation with 100+ facilities called ThroughPut to examine machine behavior around uptime and downtime to improve quarterly output potential
  • Operations Manager needed to propose an improvement plan to reduce $500,000 annually by reducing machine unplanned downtime

Solutions

ThroughPut’s ELI software connected with existing sensor data and provided additional sensors:

  1. To Measure Uptime for Individual Equipment Across 3 shifts
  2. Flag Downtime occurrences and compare with historical data around number of events
  3. Quantify dollars lost from unplanned downtime

Key Metrics

25-30%

ThroughPut’s software discovered that critical tools had on average 25-30% downtime per shift, with shift 3 being the highest

5%

5% reduction in unplanned downtime was achieved by real-time monitoring and addressing root causes which equated to $1.5M savings

15%

15% of the unplanned downtime was due to maintenance coding and unskilled workforce performing tasks on the tool

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