Data-based decisions

Following the impact of the pandemic, concepts such as resilience, business agility, crisis management, costs and cash flow and innovation have become increasingly critical for business, changing the reality of manufacturers, companies and consumers.

It is generally quite difficult to know exactly how much each process contributes to a product’s value chain. The sheet metal world is not immune to the difficulty of estimating the right price for the product. There is an infinite number of processes that add value to a product: material used, scrap generated, cutting time, consumables used, labor associated with production, miscellaneous indirect costs, etc.

Lantek recently presented a set of applications that allow the path to digital transformation to unfold quickly and intuitively for companies in the sector. These applications now make up the suite of cloud-based products called Lantek 360. Users of Lantek 360 will have applications with enormous capabilities, and will be able to access and process large amounts of data in real time as well as historical data.