| A | I can help, but it's going to cost you. Just kidding. Actually, there is a pretty consistent body of research in industry — in addition to the ROI studies that AMR has conducted over the years — that points to solid ROI (generally 12 months), with improvements in quality, inventory measures, productivity measures, lead time, and fulfillment measures, etc. The aggregated data I'm sharing here is from AMR ROI studies, but if you look to the MESA organization, you'll probably find data that's of like magnitude. - 3-7% increase in yields due to reductions in scrap, material savings ranging from $150,000 to $3 million annually on discarded products. Reduction in process defects of 20%
- E-signature tracking, headcount reduction, 25-75% reduction in signature review times, 30-55% reduction in rate of exception handling (closure)
- 58% reduction in idle time, 8-18% increase in productivity, 15-50% decrease in cycle time, 20% reduction in unnecessary equipment changeovers, reduced reporting latency from days to hours, daily to shift
- Reduction in finished goods inventories, product holds, 20-50% reductions in WIP, monthly inventory adjustments eliminated
- Improved inventory counts, number of exceptions, time-to-manage exception, batch reviews, data entry into ERP, unnecessary equipment changeovers, eliminates millions of entries and checks/year. Save 70,000 hours/year on batch reviews, 93% reduction in time-to-handle exceptions, reductions in G&A overhead of up to 90%
In short, there's a pretty strong business case on dollars alone, not to mention the benefits derived from mapping the business processes in advance of automating them with an MES, or the potential benefits that can be realized once manufacturing capacity and response times are improved by implementing an MES. Good luck! If you need more info, by all means, get in touch. Alison |