Proactive Investors – September 29, 2014
Memex Automation (CVE:OEE) says its MERLIN product which works to improve manufacturing efficiency has been profiled in the September issue of Modern Machine Shop, alongside Caron Engineering’s adaptive control manufacturing methods.
The article describes Caron Engineering’s five multi-axis adaptive control machining methodologies and MERLIN’s ability to monetize the improved processes in real-time, said Memex.
The MERLIN device monitors production and capacity utilization on the shop floor, improving profitability, reducing waste and ensuring compliance with regulations. It enables customers to address production bottlenecks as they happen, converting idle time back into production and ultimately improving throughput and increasing income from plant operations.
MERLIN is highlighted in the article as improving production within and outside of the machining envelope by calculating capacity utilization plant-wide, through the measurement of overall equipment effectiveness. As a result, MERLIN gets “the Caron voice of process and the plant’s capacity utilization data” to the engineering and management teams in their respective business intelligence tools, on any device, the company said.
“With Caron and MERLIN, manufacturers can understand plant capacity in real-time, down to the accelerometers measuring vibration in spindle bearings, servo-drives and other machine components that can adversely affect cutting conditions, by the second,” said chief executive officer of Memex, David McPhail.
“Literally, MERLIN and Caron deliver the equivalent of the holy grail of manufacturing in a way that generates up to 400% IRR.”
Memex’s product was recently described in a case study by Mazak, which said that Merlin-related efforts to reduce downtime yielded a 42 percent improvement in utilization for the monitored machines.
In addition, Mazak also reduced operator downtime by 100 hours per month, while 400 hours per month of previously outsourced work was returned to the company.
To see the full article, please click here.