the bottom line is the bottom line!
YOUR SURVIVAL DEPENDS ON IT
Let’s face the facts:
- metal costs aren’t going down
- utilities aren’t getting cheaper
- and our customers aren’t volunteering to pay us more
The quickest and easiest way we can increase our profits is to increase our margins.
A MORE PROFITABLE OPERATION
Measuring shots per hour is meaningless – SHIPPABLE shots per hour tells the real story. All those bad parts reduce your margins in many subtle, and not so subtle, ways: Cycle times, tool wear, labor, remelt, secondary machining, and metal loss to mention just a few.
THE REAL COST OF SCRAP & DOWNTIME
Metrics like overall equipment effectiveness (OEE) help you measure the real cost of bad parts, reduced quality, and lost uptime.
A recent customer used Visi-Trak products and an on-site valve upgrade to increased OEE on one machine cell by 15%. That comes out to roughly $750,000 in reclaimed value on a $5M machine over 10 years. It is important to remember other costs like metal loss, labor, remelt, and abnormal tool wear makes that savings even greater!
OEE = Availability x Performance x Quality
- Availability – percentage of scheduled time that the machine is available to operate.
Ex. Uptime – Degraded by slow set-up, maintenance from flash and tool wear
- Performance – represents the actual speed of the equipment as a percentage of its designed speed. Ex. parts/hour – pure shots/hour
- Quality – represents the Good Units/Total Units Started. Ex. Scrap Rate – Only the good parts.
So 70% Availability x 80% Performance x 90% Quality = 50% OEE
– or a 50% loss of machine capacity.
Even a few % difference in OEE over a 10 year capitalization of a die casting machine cell can mean hundreds of thousands of dollars in additional revenue.
Increased OEE = Increased Margins:
- Limit Downtime
- Reduce Scrap
- Preserve expensive tooling from excess wear
- Don’t buy a new shotend; Upgrade your existing machines for a fraction of the cost
How does it work?
Product Brochure PDF