Working Smarter with ThingWorx Digital Performance Management (DPM)
Over 50% of manufacturing executives run their continuous improvement programs reactively, meaning they may not even be aware an underlying problem exists until issues take place. Performance management is a direct response to this limitation—helping organizations not only identify, but also prioritize improvements based on their true impact.
Meet Roberta, the VP of Global Continuous Improvement at NewCo, and see how Roberta and her team are able to use ThingWorx Digital Performance Management to:
- Exceed their annual savings target of $1.2M by eliminating $6M in overtime expenses from a single site in just three months
- Achieve $60M in labor cost savings by implementing overtime reduction across ten major sites
- Discover actual OEE to be 13% lower than previously believed—ultimately allowing them to recover 11 unmeasured hours per week from speed loss, small stops, and unaccounted time
- Understand how to improve performance by 10% to reduce an overtime shift—saving time and money
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