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Thrive Academy : Increase Efficiency

Increase Efficiency

One of the most important things to understand about manufacturing is that you can’t understand what you’re not measuring – which is a large part of the reason why having as much visibility over your business as possible is always so important. 

Case in point: downtime. Obviously, any period where a critical piece of machinery is offline or when you’re not meeting the potential of your lines is about as inefficient as they come. 

But do you know why that may be the case? Do you know the average length of time for those downtime events, or just the frequency? Do you know what your biggest source of downtime actually is and why it is occurring? 

If you don’t know the answers to any of these questions, you ultimately don’t know what impact on uptime and production each downtime event would have had if you’d proactively fixed it – which is exactly what Thrive is designed to help you do. 

By tracking the cause, length, and frequency of downtime events, Thrive helps you track the efficiency of your lines and even of individual employees in real-time. You can use historical performance charts to track your equipment’s performance by days, weeks, months or even years if you prefer. You can see the impact on improvements at a moment’s notice, all so that you can be certain you’re always moving in the right direction. 

This lets you do more than just see how efficient you are right now. It also helps illustrate the opportunities you have to increase efficiency across the board. You can prioritize equipment maintenance to stop small issues that normally become bigger (and more expensive) ones if left unchecked. You can make smarter and more informed equipment purchases based on how you’re actively utilizing the resources you already have. You can take certain steps with complete confidence in the expected results, all because you have the insight you need to make true data-driven decisions for the first time. 

Think about it like this: right now, there is a certain maximum potential that your production lines are capable of reaching. The issue is that without knowing what it is, you don’t know what you have to do to achieve it – or how your current efforts compare to that magic number you’re trying to reach. 

But with an OEE and downtime tracking solution like Thrive, you WILL have that insight you need when you need it the most. At that point, you’ll be able to do more than just eliminate your biggest sources of downtime. 

You’ll have the complete confidence that comes with knowing you’re as efficient as possible on a daily basis, which really is the most important benefit of all. 

Browse ideas and tips that will help you increase efficiency in nearly every aspect of business, from the shop floor to the office.