Memex Automation’s (CVE:OEE) machine monitoring system has “proved its worth”, according to a new blog posting from industry outlet Modern Machine Shop.
Memex says its MERLIN product allows manufacturing companies to measure overall equipment effectiveness in real-time, enterprise-wide. It monitors production and capacity utilization on the shop floor, improving profitability, reducing waste and ensuring compliance with regulations. The tool enables customers to address production bottlenecks as they happen, converting idle time back into production and ultimately improving throughput and increasing income from plant operations.
Blog contributor Mark Albert said the experiences of three machining companies — Rose Integration, Magellan Aerospace, and Innovative Mechanical Solutions — document “the value of implementing a manufacturing execution system for machine monitoring.”
All three companies used Memex’s MERLIN hardware and software modules, leading to productivity gains and improved overall equipment effectiveness.
According to the blog, Rose Integration, based in Carlton Place, Ontario, was able to generate an increase in OEE of 105% in one year, while Kitchener, Ontario-based Magellan Aerospace went from a 36.9% OEE rating to an 85% rating, saving the company from costs of expanding to a fourth machine.
Aircraft parts company Magellan monetized $40,000 per month of production time, which was enough to recover the cost of MERLIN in just four months.
Meanwhile, Innovative Mechanical Solutions, based in Edmonton, Alberta, made several changes to its tooling systems as a result of MERLIN, and can now readily test the real cost of benefits of suggested new machining procedures, read the posting.
The word is spreading about Memex’s MERLIN. In April, Memex said it sold $106,000 of the company’s flagship manufacturing productivity tool to Toronto-based Club Coffee, a custom coffee roaster in North America.
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