The impact of our collaborative effort was quantifiable and transformative. Beyond the reported $300,000 in savings related to plant equipment, the enhanced air quality in the welding area created a safer and more productive work environment for Standard Technologies’ employees.
There are endless possibilities with Industry 4.0, but are you confused about what it really is?
When you look up the definition of lean manufacturing, you’ll get a lot of results, but in summary the focus is on minimizing waste in order to maximize productivity. Now, more than ever, companies are in dire need to get the most bang out of their buck and run as efficiently as possible.
Alloway’s research found there were no companies in the state of Ohio that offered respirometry testing services. They contacted CIFT, who connected them with The Ohio Energy & Advanced Manufacturing Center (OEAMC). OEAMC worked with Alloway to custom design and engineer a Mobile Respirometer System specifically for Alloway’s needs. Alloway saved over $100,000 with an increased investment of over $145,000 and avoided over $100,000 of unnecessary investments.
To help Verhoff Machining & Welding, Inc. with their key areas of improvement, CIFT provided the “on-site” process education and “hands-on” shop floor experience and implementation of lean principles and techniques. The program’s implementation of lean manufacturing is projected to result in 165 jobs retained or created, and a potential revenue of more than $13,000,000 on an annual basis.