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FREEDOM™ demonstrated its growing, connected IIoT Smart Manufacturing Platform at IMTS 2018. More than 2,500 manufacturers brought their latest and greatest technologies to Chicago, Illinois. It was a record-breaking year for registrations, square feet of exhibit space, exhibiting companies, and booths.

5ME® Cryogenics and FREEDOM™ are happy to announce the booths we will be exhibiting in at IMTS 2018. 5ME® Cryogenics will be exhibiting with Doosan Machine Tools America in the South Building and our Bluezone™ partners – Star SU and Fullerton Tool Company – and Benz, Inc. all in the West Building of McCormick Place. FREEDOM™ will be on display in the South Building as well as in the AMT Smartforce Student Summit in the North Building. Being in multiple locations gives you the opportunity to chat with our experts in nearly every building of the show!

Lean manufacturing strives to boost customer value by improving efficiencies and reducing waste across operations. Moving toward lean manufacturing requires more effective management of materials, human resources, and energy. Compiling and analyzing the right data is crucial to the success of lean manufacturing.

The competitive and highly regulated medical sector is one of the fastest growing segments of today’s manufacturing marketplace. This rapid growth requires smart management—of assets, budgets, processes and more.

To thrive in today’s competitive manufacturing environment, you need to ensure optimal performance of assets while continuously increasing efficiency and reducing costs.

To improve processes, you must be able to measure in real-time what is working and what isn’t. Outdated data or a lack of current data can add to a growing performance problem, putting productivity, efficiency, and profitability at risk.

Your factory floor is an excellent example of where you should be continually capturing and analyzing data.

Over the past decade, the manufacturing industry moved from reactive to predictive data analysis to monitor equipment, extend asset lifecycles and manage overall profitability. Today, the future is trending toward the use of advanced analytics applications that enable manufacturers to intelligently meet increased demand for customized products created at affordable mass-production costs while improving operational efficiency and overall productivity. Are you keeping pace with this shift?

Collecting and analyzing data is crucial to ensuring long-term productivity and sustainability of operations. Detailed manufacturing metrics facilitate the optimization of shop-floor assets, improve overall productivity, and protect the bottom line.

Without this critical information, manufacturers cannot identify which aspects of an asset’s operational efficiency and overall equipment effectiveness (OEE)—availability, performance, and quality—are lagging. As a result, companies fail to identify where inefficiencies and bottlenecks may be occurring, placing valuable production time and money at risk.