Business Outlook 2011 – Innovation Advantage
/in Articles, Recent NewsA recent publication, “Business Outlook 2011 – Innovation Advantage” that was put together by Canadian Plant magazine and Rogers Communications shed some interesting light on the manufacturing industry. It is based on a survey of manufacturing companies as well as a roundtable discussion with senior executives of leading manufacturing companies. Memex Automation was invited to participate as a supplier to the manufacturing industry, specifically David McPhail, President.
Some interesting notes about this outlook:
- 77% of manufacturers identified improving productivity as a major issue.
- 86% identified innovation is an important aspect of their competitive strategies.
- Most panelists agree lean manufacturing is key to productivity improvement and innovation but adoption among survey respondents is just under half at 49%, suggesting there is much room for improvement here.
- 91% of manufacturers have investment plans for 2011.
- Process improvement tops the list of priorities for 2011.
- Only about 40% of companies took advantage of the federal tax credit.
Much discussion was had about applying tax credits towards improving manufacturing productivity, all as a competitive advantage.
If you would like a hardcopy glossy reprint of the article, feel free to email to salesgroup@memex.ca and we will mail it out, or go online.
Achieving Business Excellence magazine: ‘Lean OEE’
/in ArticlesAs published on the website Achieving Business Excellence, Pages 14 – 19. Link to original article.
Improving Overall Equipment Effectiveness With Lean and Value-Stream Mapping
/in ArticlesAs published on the website Quality Digest, link to original article.
Real-time Shop Floor Data Increasing Important as Manufacturing Returns to Growth
/in ArticlesAs published on the website WTG News, Manufacturing and Supply Chain blog. Link to original article.
About Memex
MEMEX, with its visionary attitude, has been on the leading-edge of the convergence of the industry trends in Computing Power, Connectivity of Machines, Industry Standards, Advanced Software Technology, and Manufacturing Domain Expertise. MEMEX is the developer of MERLIN, an award winning IIoT technology platform that delivers tangible increases in manufacturing productivity in real-time.
Quick Links
Contact Information
Memex Inc.
3425 Harvester Rd, Unit 200,
Burlington, ON L7N 3M7
Canada
905-635-1540 (Main Line)
866-573-3895 (Toll Free)
sales@memexOEE.com