In today’s industry, keeping costs low while maintaining competitiveness is essential for companies in the sheet metal production sector. With the rising prices of raw materials and energy, finding ways to optimize operations has become increasingly important. Lantek, a technology leader in the field with a global customer base of over 30,000, has been providing innovative software solutions for over 30 years to assist manufacturers in improving efficiency, reducing costs, and increasing productivity and quality.
One approach to addressing these challenges is digitization. Lantek’s software tools are designed to help manufacturers make the most of every sheet of metal while optimizing processes. We will be highlighting the key areas where these tools can aid manufacturers in becoming more productive and competitive in a three-part mini-series of press releases. From nesting solutions like Lantek Expert/Lantek Flex 3d to manufacturing management with Lantek MES and evaluation with Lantek Analytics, these tools are fully integrated into Lantek’s modular software suite and work together to help companies cut costs and stay ahead of the competition.
In today’s digital age, the manufacturing industry is undergoing a major transformation with the rise of Industry 4.0. The integration of advanced technology and artificial intelligence (AI) is revolutionizing the way manufacturers collect, analyze, and utilize data to improve their operations. One such tool that is helping sheet metal manufacturers achieve this is Lantek Analytics.
Gone are the days of relying on phone calls, meetings, and stacks of paper to manage data. With Lantek Analytics, sheet metal manufacturers can now automate the collection of data on processes and machines, including through sensors, providing real-time visibility into the business. This allows managers to identify inefficient operations and machines, as well as excessive material consumption, and make informed decisions on how to address these issues and ultimately reduce costs.
The software is tailored to the needs of sheet metal manufacturing and offers a wide range of metrics related to sheet metal cutting, machine tools, and operational processes. It also provides historical data on a daily basis, allowing managers to identify trends and plan for the future more efficiently. The tool consists of two modules, Manufacturing Analytics and Customer Analytics.
Manufacturing Analytics offers various optimization options to help companies save energy and resources, such as the OEE metric, which can be used to evaluate and optimize machine utilization levels based on availability, output level, and quality. It also includes a nesting metric, which can help companies track the percentage of workpieces, scrap metal, and remnants generated during the cutting of nestings in production. Additionally, it provides multiple filtering options by time period, location, type of machine, materials used, etc.
Customer Analytics provides a comprehensive view of commercial operations and highlights potential areas for process optimization. It includes metrics such as the number of quotes sent and accepted, conversion to an order, value, and geographic location. It also offers meaningful analysis of invoices issued, costs, margins, and variances.
In summary, Lantek Analytics is a powerful tool that helps sheet metal manufacturers to streamline their operations, make better-informed decisions, improve efficiency, reduce costs, and save energy. It offers an intuitive and user-friendly dashboard with key metrics that can help managers identify inefficiencies and improve their operations. With Industry 4.0, the manufacturing industry is moving towards a more digitized and data-driven future, and tools like Lantek Analytics are leading the way.
Energy and resource saving series with Lantek software - Part 1
Energy and resource saving series with Lantek software - Part 2
