MachineMetrics
Case Studies
MachineMetrics helped Carolina Precision saved over $1.5M on machine monitoring
Overview
MachineMetrics helped Carolina Precision saved over $1.5M on machine monitoringMachineMetrics |
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Analytics & Modeling - Real Time Analytics Application Infrastructure & Middleware - Data Visualization Functional Applications - Enterprise Asset Management Systems (EAM) | |
Equipment & Machinery | |
Discrete Manufacturing | |
Machine Condition Monitoring | |
Operational Impact
[Efficiency Improvement - Operation] MachineMetrics holds operators accountable for keeping up with their goals for the current shift - so our team can spend more time working on the harder problems that historical data allows us to identify and measure | |
[Data Management - Real Time Data] Information we get changes the way we work. Troubleshooting using data can discover the root cause of the issue, and make real time changes while relieving communication issues between teams. | |
Quantitative Benefit
An average of 688 additional operating hours per machine. A 20% increase in Machine Utilization. | |
At $60/hour, that averages out to an additional $41,280 of billings per machine. CPM’s initial investment in MachineMetrics was returned within only 11 days of using the software. | |
2 hours per day of administrative savings. Increase capacity by $1.5 million in 2016 with no additional machines! | |