Optimation Introduces Primary Standards to Reduce Cost of Measuring Manufacturing Performance

Released on: June 24, 2008, 7:32 am

Press Release Author: Thomas R. Cutler

Industry: Software

Press Release Summary: Optimation Introduces Primary Standards to Reduce Cost of
Measuring Manufacturing Performance

Press Release Body: Optimation has introduced Primary StandardsT which greatly
reduces the cost of measuring manufacturing performance. According to Michael D.
Lundy, P.E., President & CEO of Optimation, "Primary Standards enables a
manufacturer to know how each part produced contributes to the profitability of the
company avoiding secondary standards that mislead and cause wrong decisions. Nearly
all businesses make measurements and these measurements are intended to tell
management about the performance and health of the business.
Often these measurements are secondary standards such as square
feet produced, tons shipped, contracts signed, units shipped and many
others. Managers use these measurements with a false sense
of security that they are actually managing the company well."

The reason for this confusion is that the measurement in question was not designed
to reflect the profitability of the company. As an example, consider pieces-per-hour
as a measurement. Pieces-per-hour is a rate measurement designed to measure
efficiency of a machine or group of machines. There are many reasons why an increase
in pieces-per-hour may not cause an increase in profit. The first is the sales price
and therefore contribution may be lower for the product mix produced during the
month. Another is that raw material may cost more. In addition, there are a number
of costs that have nothing to do with productivity that may be out of control during
the month.
For thirty years Optimation® has been the world leader in Part Nesting for Optimized
Material and Labor utilization. Consistently providing product advancement
leadership to industry, the company's new Nesting Technology, AxiomVE make previous
nesting methods obsolete. The new technology, Vision EmulationT, allows the system
to "see" the shape of parts, just as human eyes would view them. When a person
looks at a part, they see the whole shape and any special features on the part.
This information is then used to determine if the part will fit in an area of the
nest. Vision Emulation eliminates excessive trial and error as well as excessive
rotation.
Optimation offers benchmarking against any other method of part nesting; recent
benchmarks have show improvements up to 15% in material efficiency alone. As lean
efficiencies are essential, the most advanced nesting technology guarantees the most
important parts are always nested in the next available machine, providing advanced
information to integrated costing, labor reporting, and material inventory systems.
Because Optimation is strong financially and has the most advanced technology; the
company offers direct financing from its own capital resources.

Optimation
www.optimation.com
Michael D Lundy P.E.
Opti1@optinest.com
877-827-2100


Web Site: http://www.optimation.com

Contact Details: Optimation
704 NW Mock Street
Blue Springs, MO 64015
816-228-2100

  • Printer Friendly Format
  • Back to previous page...
  • Back to home page...
  • Submit your press releases...
  •