Time is the only thing more consistent than change and innovation. It is the most precious element that we have, as we can neither store it, nor get it back. Spending less time and lowering costs in producing a product is the ultimate goal in manufacturing.
While the rapid pace at which technology changes often leaves us scratching our heads, we must evaluate the benefits of new technologies even if it requires us to change the way we think and the way we do things. First and foremost, technology should make our tasks faster and easier to complete. While it is easy to get lost in the science of the technology itself, one fundamental rule applies; does the new technology save time and generate more revenue? How does it fit within my existing processes? Does it benefit the end result or I am I introducing a new problem downstream in the manufacturing process? If it does not fit into my system now, how can I get it to fit? These are all questions that require careful analysis and thought. If the technology is a “game changer” for your business then you will need to incorporate this technology as soon as possible to remain competitive.
If the technology is an improvement over your existing technology and there is also a benefit from the cost of ownership side, then perhaps it is easy to justify the new technology. As technology continues to change and evolve, it is easier to assimilate new technology into your existing processes, so long as your other processes have kept pace with their respective technologies as well. Keeping pace with technology over time is more cost efficient and productive and also maintains your competitive edge in business.
By Frank Arteaga, Head of Product Marketing, NAFTA Region
Bystronic Inc., Elgin, IL – Voice.bystronic@bystronic.com