When an aerospace manufacturer was looking to acquire additional machine tools, it over-estimated the utilization of the machine tools already in place. Using OptiVue™ to provide an accurate measure of utilization helped saved the company $4 million.
optimize manufacturing efficiency and productivity,
and increase your overall equipment effectiveness by up to 20%.
The aerospace manufacturer over-estimated the utilization of its existing machine tools to 70-80%. OptiVue™ determined that the current utilization of the machines was a mere 25 -28%.
Extra capacity realized from existing machine tools removed the need to purchase four additional machines, resulting in a saving of approximately $4 million.
OPTIS combines the scale and global reach of Castrol with leading edge solutions of TechSolve, bringing the most comprehensive know-how and data driven best-practice solutions to help smart manufacturers transform their processes to optimize efficiency.