John Hayes, VP of Sales at Vecna Robotics, recently discussed how Vecna incorporates OEE (Overall Equipment Effectiveness) to reduce or eliminate costs by identifying causes so that corrective action can be implemented. Through equipment inefficiencies, plants can incur billions of dollars in waste including costs of increased labor, overtime charges, penalties for late product, lost sales, lost customers, cost of quality and scrap, and extra production to compensate for equipment failure. Using OEE as a tool, manufacturers can identify major losses.
Plant managers need actionable insight into equipment availability, performance, and quality output. Until the recent convergence of Artificial Intelligence (AI) and data analytics tools, OEE measurements and the Industrial Internet of Things (IIoT), no plant manager could create a roadmap to enhance productivity and throughput. Solutions today, however, must provide quantifiable evidence that manufacturing equipment is operating at maximum effectiveness.
Manufacturers have to know where problems are located. Data collected from IIoT installations allows Vecna Robotics customers to identify issues and gaps in efficiency and pinpoint exactly where those issues lie: with equipment, with employees, or a combination of the two. AI and advanced analytics help to speed the data collection and evaluation process, eliminate human error, and put continuous improvement processes in place.
The combination of AI and IIoT is giving leading-edge companies a distinct competitive advantage. The old school automated guided vehicle (AGV) is no longer good enough; A holistic workflow focus including advanced data-driven continuous improvement must be adapted and transformed to keep up with modern manufacturing practices. Vecna Robotics is the first robotics manufacturer to offer embedded 24/7 IIoT monitoring, driving operational efficiency and improving OEE.
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About Vecna Robotics
Vecna Robotics offers a fleet of intelligent, next-generation autonomous guided vehicles (AGVs) to optimize logistics and material handling operations. With two decades of experience developing advanced systems for medical and military operations, our case picking, goods-to-person, person-to-goods, robot-conveyor hybrid material handling systems are the most cost-effective in the market. Vecna Robotics is dedicated to helping companies, ranging from Fortune 50s to SMEs, reduce costs, improve throughput, and stay flexible and competitive.
Vecna is also dedicated to corporate citizenship and has donated more than 170,000 hours of community service and pays team members to spend up to 10 percent of their paid work week on a community service project. For more information visit https://robotics.vecna.com/ or contact info@vecna.com.
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Company Name: Vecna
Contact Person: Brent Watters
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Website: https://robotics.vecna.com/