Author: Eyelit Technologies
A smart reward
MESTEC is delighted to be one of only 10 companies in Europe recognised this year for our contribution to Smart Factory solutions.
Latest News from MESTEC
One of the UK’s leading providers of cloud-based Manufacturing Execution Systems (MES) has posted a record year – just twelve months after it was acquired by Eyelit Inc.
Mind the gap: extending ERP through MES integration
ERP and MES. Three-letter acronyms (TLAs!) that describe different technologies available for today’s manufacturer. Tools that from a high-level perspective perform many similar functions, which is why they can often be referred to in an ‘either/or’ context.
Algorithm Optimization in Manufacturing
In the manufacturing industry, optimizing production processes is essential to improve efficiency and increase profitability. One approach to achieve optimization is by using algorithm optimization built into production planning software. Algorithms are designed to take inputs, perform calculations, and provide outputs that optimize manufacturing processes.
The Traveling Salesman Problem in Manufacturing
The Traveling Salesman Problem (TSP), now solvable with simulated annealing algorithms, was an optimization problem that challenged computer scientists and mathematicians for decade. This problem involves finding the shortest route that visits a set of cities and returns to the starting point.
4 Most Important Manufacturing KPIs
KPIs (Key Performance Indicators) are defined as measurable values used to track and evaluate progress toward specific manufacturing objectives. For example lead time metrics are a type of manufacturing KPI.
Optimum vs Optimal in Manufacturing
The word optimum is a noun that can be inflected for the singular or plural, and can also be used adjectivally to modify a noun. However, its adjectival form is usually optimal.
Simulated Annealing Algorithm in Manufacturing
As problems in science, engineering, and business become more complex, so does the need for advanced algorithm optimization techniques. One such technique is the simulated annealing algorithm, which takes inspiration from the annealing process in metallurgy
Bill of Materials Example in Manufacturing
A BOM typically includes information such as the part or component name, reference number, description, quantity, unit of measur
Work in Process Inventory – Complete Guide for Manufacturers
Work-in-process (WIP) inventory is an important component of the manufacturing process and BOM calculations. It refers to the materials, products, and components in various production stages that still need completion. WIP inventory can include raw materials, partially completed products, and finished goods awaiting further processing or assembly.
