From Control to Optimization and Simulation
The notion of finance providing control insights to operations is outdated. The real value of integrating financial and operational information has shifted from control to optimization, planning, and simulation.
The traditional accounting view is that cost accounting provides “control” over production operations. Those of you with sophisticated manufacturing enterprise solutions in place are surely chaffing at this perspective, but that’s the way it’s taught to accountants.
The automation and sophistication of manufacturing information systems has made this perspective laughable. Traditional financial control over operations is at best high level, difficult to link in a cause and effect manner to operational events, and too late for any semblance of “control"
Precise Control for Complex Fabrication
Metal fabricator Waymatic achieves laser-level accuracy with a punch plasma machine using Sigma-5 servos and controllers and EtherCAT networking (CONTAINS VIDEO).
Waymatic Inc., a metal fabricator located in South Fulton, TN, recently upgraded its metal manufacturing operations to execute more precise, complex cutting operations, such a creating smooth, circular parts. To do this, the company now employs a Whitney 657 punch plasma machine, which achieves its highly precise motion abilities through the use of Yaskawa (Waukegan, IL) Sigma-5 servos and controls in conjunction with the EtherCAT industrial Ethernet protocol
Some degree of alternative fuel transportation will be part of the foreseeable future. To be prepared, automakers must be ready to modify their platforms to support a variety of fuel technologies.
The push toward alternative and fuel-efficient cars is creating new challenges for automotive manufacturers in terms of revamping their core processes in preparation for mass-produced, non-internal combustion engine vehicles.