Page 54 - Plastics News Issue November - 2024
P. 54

TECHNOLOGY NEWS




          Four company benefits from tooling digitaliza-        ♦   Enhanced Product Quality and Precision
          tion
                                                                Digitalized tooling systems provide higher pre-
          These key areas are driving significant advance-      cision and consistency by automating previous
          ments  for  companies  in  the  whole  tool  supply   manual  processes.  Advanced  digital  tools  can
          chain, enabling more efficient operations, cost       adjust to real-time parameters deviations, en-
          savings,  and  enhanced  quality  control  across     suring high-quality, defect-free products. This
          their supply chains:                                  results in better quality assurance and reduces
                                                                scrap rates and waste
          ♦   Increased Efficiency through Real-Time
             Monitoring                                         ♦   Cost Optimization

          Digital tooling enables real-time monitoring of       Digitalization in tooling helps optimize material
          production  processes,  allowing  manufacturers       usage and reduce waste through improved pre-
          to track machine performance, detect issues           cision and accuracy in production. It also lowers
          early, and optimize workflows. With IoT-enabled       labor costs by automating various tasks. Conse-
          tools, data on tool wear, cycle times, and pro-       quently it provides insights that help streamline
          duction rates can be gathered and analyzed            production cycles, cutting operational expenses
          continuously. This reduces downtime and pre-          in the long run.
          vents unexpected breakdowns.
                                                                This is the first part to cover this extended topic
          ♦   Predictive Maintenance and Reduced                from the basic point of view, the next chapter
             Downtime                                           will show you some tool milestones that some
                                                                companies on the tooling supply chain are using
          Tooling digitalization allows manufacturers to        to stay competitive and be more aware about
          shift from reactive to predictive maintenance. By     what the industry is demanding.
          collecting data on the condition of tools, com-
          panies can anticipate when a tool is likely to fail                            Source – Plastics Engineering
          and schedule maintenance before it impacts
          production. This minimizes unexpected machine
          downtime, enhances production continuity, and
          lowers maintenance costs.
























             54   PLASTICS NEWS                                                                November 2024
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