Various technological inventions have increased the efficiency and productivity of manufacturing plants. However, some owners of industrial equipment may not know that they are still hanging on to outdated equipment that may be hurting their bottom line. This article discusses some of the signs that can show you that your industrial machinery may be almost outdated. Use this information to replace your equipment with the latest versions available.
Reliance on Humans
Today, advances in robotics have drastically reduced the role of humans on the manufacturing floor. It is now possible for manufacturing processes to go on long after humans have retired to their homes. This development has helped to reduce the cost of labour on items like overtime pay.
Your profits may not be as high as they possibly can be in case your industrial equipment cannot work if a human isn't available to operate it. Review all your equipment and replace every machine that cannot work when a human isn't controlling it.
Gone are the days when one had to be on the manufacturing floor in order to control a piece of equipment, such as a packaging machine. It is now possible to control equipment remotely using apps. Digitalisation has also made it possible to get detailed reports about different manufacturing processes without paying someone to write those reports manually.
You may be losing potential profits if your manufacturing plant has not fully embraced digital systems at every level of its operations. For instance, you may be losing money by replacing machine components based on years in service instead of basing on accurate reports about the condition of those components.
Few manufacturers look at water as a tool. Many look at it as a resource that can be consumed and used up. Looking at water as a resource may be hurting your profitability because water is becoming more expensive each year.
You therefore need to invest in equipment or manufacturing processes that require little water. You should also be able to recycle all the water that you use in order to cut costs. Additionally, it is possible to upgrade to equipment that uses other resources, such as carbon dioxide, to keep cool or to clean products that have left the assembly line.
Look at all your industrial machinery from the three perspectives above if you would like to operate at peak efficiency levels. Replace all the equipment that does not meet any of the criteria discussed. Only then will your manufacturing plant be able to compete favourably in the 21st century.