For mold companies, a comprehensive evaluation of the factory and operations is an ideal way to improve overall production efficiency and reduce operating costs.
The assessment will focus on the operational infrastructure, identify and quantify the opportunities that contribute to efficiency throughout the production and operation process and within the factory, and then prioritize these different processes.
For factories that produce high-standard injection molding equipment, especially customers who want to evaluate and improve their existing overall business model,
it is common to initially evaluate their business model, infrastructure, and injection molding machines.
Zhenxiong's assessment project will provide:
Quantified and prioritized improvement opportunities projects and budget programmes for the investment required to achieve these improvements
A 5 - 7 year equipments upgrading strategy, if possible, it will elaborate the best time to replace equipment and recommended techniques
Product cost analysis and calculation, including the impact of proposed improvement measures on product cost
Main representative system performance documents and evaluation data to determine the specific process optimization requirements
Evaluate factory energy consumption and find out the improvement opportunity
Assess the infrastructure that supports existing processes and identify possible upgrades that will help reduce operating costs and support expansion
Key performance indicator benchmarks that compare customers with top manufacturers
Proposals for implementing identified opportunities for improvement.
Although the results vary from factory to factory, there are generally 10-40% savings in operating costs.
How the process works
Zhenxiong's project engineers will lead you through a series of activities, including collecting and evaluating relevant data and identifying key points, such as: operational efficiency, energy conservation and energy management,
mold standards, machine layout, plant operating procedures, production monitoring systems, process infrastructure and automation.
By adopting a structured approach consisting of multiple assessment worksheets and activity lists, zhenxiong team can obtain objective quantitative and qualitative evaluations of the business and the factory.
Qualitative data on factory performance, such as overall equipment efficiency (OEE) and scrap rate, are calculated from collected data.
Qualitative data such as safety, infrastructure, environment and equipment status are evaluated according to the observation and experience of zhenxiong optimization team.
Production consultants and project engineers from zhenxiong will spend a week meeting with key personnel in the factory to assess and analyze current processes and operations, compare indicators with performance standards,
and then determine the potential for cost savings.