DOWNERS GROVE, Ill.,
Dec. 10, 2019 /PRNewswire/
-- Markem-Imaje, part of Dover (NYSE: DOV), is launching a new
CoLOS® Overall Equipment Effectiveness (OEE) software application
which enables 10-15% gains in production efficiency. The new
software will allow manufacturers to more easily access real-time
and historical packaging line data, targeting key availability,
performance and quality losses, as well as bottlenecks. Easy to
implement in days, it empowers companies not only to take the right
corrective action quickly but also to continuously monitor line
efficiency key performance indicators (KPIs) and implement
improvements.
Tackling high downtime, low performance and poor quality is a
priority for all manufacturers. One way to increase efficiency is
to measure and improve OEE, a standard method measuring
manufacturing productivity composed of 3 KPIs: Availability,
Performance and Quality. Many OEE solutions can be expensive and
time-consuming to implement, as they require custom programming or
the expertise to undertake complicated configuration. CoLOS OEE, by
contrast, is an off-the-shelf application that is 100% configurable
and provides the insights needed to improve efficiency within days
of purchase. This software by Markem-Imaje is suitable for a
multi-step approach from one line to full-site deployment.
Key Challenge Measuring and Improving OEE:
Typical OEE
rates before continuous improvement program implementation are
50-60%. While best-in-class plants achieve 85% OEE rates, many
struggle with improving their figures as they do not have easy,
timely and comprehensive access to the information they need to
calculate and track effectively.
A Quicker, Easier Way to Calculate OEE and Optimize Line
Efficiency:
Positive feedback has been received by customers
testing the software in its development phase. "We can now make
better data-driven decisions to implement line improvements," says
Todd Mondry, Vice President of
Engineering and Operations, Red River Commodities. "CoLOS OEE has
proved so effective that we're planning to deploy it across all our
factories. In fact, I'm regularly asked by plants for updates on
when they can deploy it at their location."
Because it is part of the market-leading CoLOS information
management system, the new OEE collects data from existing
Markem-Imaje coders, or any OPC-enabled packaging line devices, at
two points along the line, with no need for extra hardware or
communications.
By analyzing the data collected at these points, CoLOS
automatically calculates the OEE KPIs which are defined as the
following ratios:
- Availability: real versus planned production time
- Performance: real versus theoretical maximum line rate
- Quality: good versus total products produced
These KPIs are displayed on real-time dashboards, helping
operators ensure their lines produce the maximum number of
high-quality products, taking into account planned downtime and
stops.
If a line stops unexpectedly, for example, the counters will
pause. This is reflected on the dashboards, alerting operators who
can fix the issue immediately. Once the problem has been identified
and rectified, the operator can select the relevant reason on the
user interface to facilitate further analysis. Alternatively, if
the feature is enabled, CoLOS OEE can get the error code data
automatically from the relevant packaging line devices.
Providing Insight that Identifies the Root Causes of
Inefficiency:
CoLOS OEE provides a variety of historical
reports so managers have the facts they need to enhance
productivity permanently by prioritizing and eliminating the top
reasons for downtime, performance and quality losses. Quickly and
continuously they can identify trends and fix the root cause of
issues to achieve greater efficiency gains of up to 10-15%. Used
with Markem-Imaje's other Packaging Intelligence solutions,
efficiency can be improved even further.
"You can't improve what you don't measure and taking data-driven
decisions reduces risk while substantially increasing chances of a
successful outcome," observes Mark
Hathaway, CoLOS Software Product Manager, Markem-Imaje.
"Manually collecting the information needed to implement the right
changes, however, is time-consuming and subject to human error.
Custom automation improves accuracy but can take years to develop.
Our launch opens the door to any company ─small, medium or large,
with or without the funds or time for a long development process─
who wants to improve their OEE. Our tool is easy to use and
install, plus it provides the detailed data needed to drive big
increases in production efficiency," adds Hathaway.
For more information, please visit:
www.markem-imaje.com/colos-oee.
About Markem-Imaje:
Markem-Imaje, a wholly-owned subsidiary of the US-based Dover
Corporation, is a trusted world manufacturer of product
identification and traceability solutions, offering a full line of
reliable and innovative inkjet, thermal transfer, laser, and print
and apply label systems. Markem-Imaje provides global reach to over
50,000 customers with 30 subsidiaries, 6 technology centers,
several equipment repair centers and manufacturing plants with the
most comprehensive marking and coding portfolio available in the
marketplace. Visit www.markem-imaje.com for further
information.
About Dover:
Dover is a diversified global manufacturer with annual revenue
of approximately $7 billion. We
deliver innovative equipment and components, specialty systems,
consumable supplies, software and digital solutions, and support
services through five operating segments: Engineered Products,
Fueling Solutions, Imaging & Identification, Pumps &
Process Solutions and Refrigeration & Food Equipment. Dover
combines global scale with operational agility to lead the markets
we serve. Recognized for our entrepreneurial approach for over 60
years, our team of approximately 24,000 employees takes an
ownership mindset, collaborating with customers to redefine what's
possible. Headquartered in Downers Grove,
Illinois, Dover trades on the New York Stock Exchange under
"DOV." Additional information is available at
dovercorporation.com.
Markem-Imaje Contact:
Christine Bonnet, Global Communications
Specialist
33 (0)4 75 75 55 16
cbonnet@markem-imaje.com
Dover Media Contact:
Adrian Sakowicz, VP,
Communications
(630) 743-5039
asakowicz@dovercorp.com
Dover Investor Contact:
Andrey Galiuk, VP, Corporate
Development and Investor Relations
(630) 743-5131
agaliuk@dovercorp.com
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SOURCE Dover