Memex Inc. · OTC:MENXF
Memex — MTConnect Conference 2014
17 slides from Memex's conference presentation, 2014
Slide 1: MTConnecting YOUR Income Statement
MTConnecting YOUR Income Statement David McPhail Dave Edstrom President/CEO CTO Memex Automation
Slide 2: Presenters: David McPhail and Dave Edstrom
Booth #10 Exhibitor Area • David McPhail • Dave Edstrom • President and CEO • CTO • 30+ years in manufacturing • 35 years in computer industry • President and Founder of • Former President and Chairman of • PSI - Process Systems the Board of the MTConnect Integration Institute • Sold in 2008 • Virtu
Slide 3: Manufacturing and Connectivity Buzzword Bingo
Manufacturing and Connectivity Buzzword Bingo • Lean, Six Sigma, Deming Cycle, Hoshian Kanri, insert program of your choice, etc. …. fail to gain real traction due to the inability to link incremental improvement to business profitability • OPC, MODBUS, BACnet, Profibus, Fieldbus, TCP/IP, SCADA, MQT
Slide 4: Manufacturing Management's Top 10
Manufacturing Management’s Top 10 1. How well is my plant running and making parts? 2. Am I making money? 3. What can I do, more importantly, what should I do to make more money (Income From Operations – IFO)? 4. What is holding me back from reaching my best profit potential? 5. Am I optimizing the
Slide 5: What Does A Shop Floor Dashboard Provide?
What Does A Shop Floor Dashboard Provide? 1. Real-time information on machine OEE Performance 2. Email alerts 3. Machine data is captured for historical reporting 4. Custom reports 5. Advance reporting, such as OEE analysis and data modeling
Slide 6: What Does An Income Statement Provide?
What Does An Income Statement Provide? 1) Revenue 2) COGS – Costs of Goods Sold 3) Direct Manufacturing Labor Costs 4) Total Expense (General & Administrative, Engineering, Rent, Utilities, Overheads, etc.) 5) Net Income
Slide 7: Bridging Shop Floor to Financials
Bridging Shop Floor to Financials Financials Shop Floor
Slide 8: Challenges Linking MTConnect Data to an Income Statement
Challenges Linking MTConnect Data to an Income Statement 1.Data credibility – Valid measures (auto-collected) vs. guessing 2.Unit & Machine information for both OEE and Financials 3.MTConnect: capture history in repository 4.Unit cost, LOB Operating expenses by Product 5.The end goal is truly unders
Slide 9: Manufacturing Technology & Operator Input
Manufacturing Technology & Operator Input • Manufacturing equipment - processes generating data • Operator panel input MT/OP Shop Floor Financials
Slide 10: ERP and Assets
ERP and Assets • ERP system to generate financial reporting and job costing (material, labor, operating expense, overhead) • Income by product, product mix and volume MT/OP ERP/Assets Shop Floor Financials
Slide 11: MTConnect enabling machine tools; historical repository
• MTConnect enabling shop/plant machine tools and equipment • Historical repository MT/OP MTC ERP/Assets Shop Floor Financials
Slide 12: Product and Work Orders
Product and Work Orders • Product standards and product specific manufacturing data by product and by workstation • Work orders to be dispatched to the shop floor • Operator lists to drive operator selection at the MES level MT/OP MTC Prod/WO ERP/Assets Shop Floor Financials
Slide 13: Manufacturing Execution System (MES) & MOMS
Manufacturing Execution System (MES) & Manufacturing Operations Management System (MOMS) • MES/MOMS < - > ERP connection (bi-directional) • Operator input • Data collected by product (historical info on all products produced) MT/OP MTC MES/MOMS Prod/WO ERP/Assets Shop Floor Financials
Slide 14: Shop Application Programming Interfaces
Shop Application Programming Interfaces • Integrated core manufacturing processes • Eliminating silos • ERP bi-directional connectors MT/OP MTC MES/MOMS Shop API Prod/WO ERP/Assets Shop Floor Financials
Slide 15: Financial Overall Equipment Effectiveness
Financial Overall Equipment Effectiveness • OEE = Availability Performance Efficiency Quality Rate • FOEE = ratio of Current Profits (IFO) at Current OEE relative to Theoretical Profits at World Class MT/OP MTC MES Financial OEE Shop API Prod/WO ERP/Assets Shop Floor Financials
Slide 16: Why Build A Financial OEE Bridge?
WHY BUILD A FINANCIAL OEE BRIDGE? • For the first time, you will know the why and where of profit and loss within your shop/plant • You will make more profit with the same resources • You will now know the financial cause and effect of future continuous improvement initiatives MT/OP MTC MES/MOMS Fin
Slide 17: Summary: MTConnect Your Data To Your Income Statement
Summary MTConnect Your Data To Your Income Statement • Merge the silos between shop floor and your financials • Actual Product, Process and Machine Data • Financial OEE provides a quantitative visual of Profits MT/OP MTC MES/MOMS Financial OEE ERP Prod/WO ERP/Assets Shop Floor Financials