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Finance managers benefit from having a real-time and historical view of the factory floor, enabling finance managers and departments to make informed decisions about where efficiencies can be gained to improve the financial and operational performance of the factory.
Make better business decisions
Maximise returns, reduce waste and pinpoint strategic investment areas for optimal business gains.
FourJaw’s machine monitoring software enables real-time tracking of production processes, identifying inefficiencies, and reducing unproductive downtime and wasted energy.
Identifying unproductive downtime and having the data insight to reduce it allows for more work to be done using the same overhead. Therefore reducing machine hourly rate and adding higher levels of contribution.
Benefit from Working Capital Reduction thanks to improved inventory management based on real-time production rates and material consumption helps avoid excess stock, reducing carrying costs and improving cash flow.
Have confidence in the numbers behind CAPEX justifications by using historical data rather than the best guess approach.
Additionally, continuously understand if a CAPEX project is on track and delivering what the justification made out to do.
Achieving 100% Machine Utilisation With FourJaw
- Machine Utilisation Increase - hitting a record of 100% utilisation
- Understanding the true time a job takes
- Being able to quote more accurately to improve profitability
- Driving a friendly, competitive culture across the shop floor
- Supporting a culture of Continuous Improvement
- Guided decisions for staff and equipment investments