Increasing raw material performance is a crucial issue for any manufacturer, for several reasons:
In short, increasing material performance is an essential lever for improving the profitability, sustainability and competitiveness of an industrial company.
The material balance is an essential tool for improving the material performance of an industrial company. Here's how to build and use it effectively.
Material balance is a quantitative analysis tool that makes it possible to monitor and account for all material flows entering and leaving a process. In particular, it makes it possible to calculate the yields of the various unit steps and large process lines, but also to identify the flows that generate the losses.
Here are the key steps to build a material balance:
An accurate material balance makes it possible to identify opportunities for optimizing processes, reducing losses and improving overall production efficiency.
By systematically using the material balance, manufacturers can identify sources of waste, optimize their use of resources and thus significantly improve their material performance, which translates into very significant economic and environmental gains.
Our tools make it possible, based on sensor data (weighing, flow...), flow composition analysis data, to calculate the flows on the process, to carry out mass balance on continuous or batch processes, to calculate yields, to calculate losses and thus to have all the information necessary to work on material performance. This is made possible thanks to our contextualization engine, which simplifies and automates the aggregation of data to transform it into relevant information.
So, you can build your tools for tracking and identifying losses. These tools allow you to prioritize areas of progress but also to monitor improvements following the actions implemented.
The OIAnalytics solution allows manufacturers who want to improve their raw material performance to go further than simply monitoring KPIs and losses. In particular, it allows industrials to:
As a result, you can better track and understand your material performance, understand the parameters that affect it, investigate the root causes of material losses, and thus take the right corrective and improvement actions.