Activplant gets patent for Throughput Analyzer
Activplant Corporation has been granted a patent on its latest manufacturing software innovation, the Throughput Analyzer. Since its release in 2007, the Throughput Analyzer has been deployed in many of the worlds largest manufacturing facilities. This patent confirms Throughput Analyzers innovation in the performance management space, which enhances and extends the capabilities required by manufacturers in todays competitive market place. The patented Throughput Capability Metric is a breakthrough technology that supersedes all previous measurement metrics, including overall equipment effectiveness (OEE) and downtime, in its ability to identify the key chronic disruptors to overall product flow.
"The manufacturing industry is facing daunting challenges. We are very pleased to receive this patent on an application that has the opportunity to revolutionize how companies drive performance improvements," said Chuck Frosst, president, Activplant Corporation.
Activplant introduced its Activplant Performance Management System in 1997; however, since then the company realized that the space still lacked a repeatable solution that was quick to deploy and could recognize payback in weeks rather than months. The patented Throughput Analyzer application fills this void and is unique in that it is pre-configured to identify issues and provide root-cause information relating to the performance of the manufacturing value stream.
The Throughput Analyzer introduces a new patented metric: the Throughput Capability Metric, which essentially determines how each line impacts the overall performance of end-of-line production. It provides a balance map to allow continuous improvement teams to see specifically where they need to focus their efforts. This approach has been deployed at numerous large manufacturing organizations within several industrial verticals including automotive, industrial equipment, food and beverage, bottling and packaging, resulting in sustained operational gains of 8% to 18% overall. The application has been deployed in as little as 6 weeks and delivers ROI typically within 6 months.