Best Practices In Extrusion Processing and Manufacturing, 2019

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Tuesday, September 17 8:00 AM - 8:30 AM

Location: General Session


Event Information

Title: Best Practices In Extrusion Processing and Manufacturing, 2019

Description:

The top 10% of plastics manufacturers share a common series of attributes that differentiate their ability to grow fast while staying agile enough to take on new business. This presentation intends to provide a thorough definition of the best practices extrusion manufacturers growing the fastest in 2018 going into 2019 share. Key insights from the study include the following: 

  • 81% o plastics extrusion processors say real-time monitoring is improving their business.
  • 69% are relying on real-time monitoring to increase the accuracy of tracking production time, downtime, total parts created, rejects and parts to be produced.
  • 63% are relying on real-time monitoring and consider it essential for tracking machine utilization, scrap and downtime reporting. 
  • 60% say analytics and Business Intelligence (BI) are essential for managing manufacturing operations today.
  • 59% of those growing 10% a year or faster are adopting and using supplier inbound quality management applications and tools.
  • 53% specifically rely on real-time monitoring to increase Overall Equipment Effectiveness (OEE) accuracy.

Type: General Session

Abstract:

What differentiates the highest-performing extrusion processors and manufacturers from their peers? Often they can improve shop floor productivity and visibility starting with real-time monitoring combined with quality management and greater shop floor visibility and control. The proposed presentation, Best Practices In Extrusion Processing and Manufacturing, 2019, is based on interviews with 150 North American plastics processors and manufacturers and provides insights into how those growing 10% or more a year are orchestrating real-time monitoring, improving quality management and compliance, and selectively applying analytics and Business Intelligence (BI) to extrusion processing challenges. Every attendee will receive a copy of the full survey results for their future reference.  


Speakers