Blogs | Demystifying the Application of Manufacturing Technology
- Blogs
- 5 min read
How to Calculate ROI of a Machine Monitoring System
At a high level, calculating ROI of any piece of software or hardware is simple: You measure the cost of the goods and services versus the benefits that they provide. Calculating the ROI of Machine monitoring software follows the same rule. You measure the cost of the software versus the benefits. For machine monitoring software, […]
- Success Stories
- 5 min read
Success Stories Plastics Manufacturer Drives Profitability Manufacturing Plastics Manufacturer Drives Profitability with Digital Transformation Future Plastics digitally transformed their operations with Mavarick’s production management system. Combining ERP intelligence with machine monitoring to improve performance, reduce downtime and accurately measure costs. Section Header Qorem ipsum dolor sit amet, consectetur adipiscing elit. Qorem ipsum dolor sit amet, […]
- Blogs
- 5 min read
Understanding Scope 3 Emissions in Manufacturing
Scope 3 emissions in manufacturing can be the trickiest to understand – but could also represent the greatest opportunity for manufacturers. Especially in the more immediate time frame. To understand the difference between Scope 3 and the other emissions types, you could think about it like this: Scope 1 and Scope 2 emissions cover everything […]
- Blogs
- 5 min read
Understanding Scope 1 and Scope 2 Emissions in Manufacturing
With the advent of the new Corporate Sustainability Reporting Directive (CSRD) in the EU, manufacturers must begin reporting on different types of emissions from their operations. In fact, manufacturers will have to report on emissions from their upstream suppliers and downstream users too. In all, there are 3 types of carbon emissions that manufacturers will […]
- Blogs
- 5 min read
How to Calculate ROI of a Machine Monitoring System
At a high level, calculating ROI of any piece of software or hardware is simple: You measure the cost of the goods and services versus the benefits that they provide. Calculating the ROI of Machine monitoring software follows the same rule. You measure the cost of the software versus the benefits. For machine monitoring software, […]
- Blogs
- 5 min read
How to Reduce Manufacturing Costs with Machine Monitoring
The profitability of manufacturing operations depends heavily on the ability to keep fixed and variable costs to a minimum. How do you reduce costs in manufacturing? Where do you look for cost reduction opportunities? With a properly integrated machine monitoring system, you can find cost reduction opportunities, and prioritise them using real data. This article […]
- Blogs
- 5 min read
Downtime in Manufacturing: Causes, Costs & How to Reduce
Downtime in manufacturing is an unavoidable reality. Value add operational downtime events such as servicing and tool set ups are inevitable components of the manufacturing process. These are inherent costs associated with manufacturing operations. Non-value add downtime events however, represent a distinct challenge. As a manufacturer, your primary objective should be to minimize unplanned downtime […]
- Blogs
- 5 min read
What is OEE, why do manufacturers need to measure it, and how is it calculated?
What is OEE? Put simply, OEE (Overall Equipment Effectiveness) is a measure of how well a manufacturing operation is running compared to its full potential. It is represented as a percentage of actual useful production / potential production. Perfect productivity or 100% OEE would mean that production time and resources (production assets and material) are […]
