Define a small-scale pilot project, sometimes called Proof-Of-Concept (POC) on one machine or one line. Use this project to assess the effort required to implement new technology and to calculate the ROI. Once you have something proven on a small scale, simply copy/paste on other lines/other sites to multiply the benefits with minimal risk and delays.
How can a smart Track, Trace, and Control (TTC) material solution help manufacturers improve their profit margins on orders that are already booked but not yet built or shipped? One quick example is using a system to ensure you can maintain an uninterrupted production flow – keeping your line fed and running to maximize utilization and not waste time (read: money) waiting for components. This hinges on a proactive approach to inventory control rather than a reactive one that scrambles to address shortages as they arise.
To this end, a software tracking system is necessary, one that can issue precise, low-level warnings, or predictive production line stoppage alerts, to ensure that critical alerts reach operators and material handlers with enough time to take action, effectively addressing any potential stoppages that would hinder the production line.
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TrackTrace and Control (TTC) technology that underpins these warning systems, though often operating behind the scenes, is pivotal to maintain your manufacturing operations and ensures that you’re getting the most out of every second of run time (and the labor and material costs you originally quoted can be met or even improved.