Metalcasting Industry Roadmap Target Outcomes
x More cost effective designs x Ability to manufacture parts to the better match an initial design x Foundry tools to guide and enhance parting line and mold / die feature design and analysis
c. Actual Cost Tracking ± Activity Based Costing is important for all of manufacturing as companies benefit from the knowledge of what jobs are truly profitable. Knowing true cost allows companies to make improvements in manufacturing to make products that substantiate their business and future investment. One challenge for foundries is the extensive variability in means of manufacturing a casting. Therefore, standard cost estimating for the manufacturing operations required is difficult and not very valuable. Enabling a foundry to track part-specific costs through real-time automated data acquisition, empowers the foundry to know costs, including those of rework.
Plus, it
does not add the burden and inaccuracy of acquiring the cost data and does not require time studies which are inefficient and often biased. Furthermore, the ability to modify a design upfront or throughout its life cycle for manufacturing efficiencies will promote affordability. Smart Manufacturing is defined as the ability to solve current and future problems at the speed of business. New smart technologies will allow systemic rather than point solutions to be provided to the metalcasting manufacturing enterprise. This includes low cost sensors and the integration of programmable controllers and systems into a digital space, Big Data to provide real time control to optimize products and efficiency, and modeling to design and improve products. As laid out in the Internet of Things (IoT), much of the information needed is already available; thus, it is just a matter of bringing it all together and using it. Therefore, leveraging actual data from Smart Manufacturing will provide the key for actual cost.
Key Tasks
x Develop and implement Internet of Things (IoT) principles for manufacturing data
x Enable foundries to leverage real-time, part-specific data to manage cost x Design for affordability
Target Outcomes
x Manufacturing efficiencies x A more responsive casting supply chain x Cost reduction to enable reinvestment which will insure long-term industry capability
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Design
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