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Staying Competitive: GE’s Advanced Manufacturing Software Solutions Drive Lower Costs, Faster Production And Tighter Control On Quality

GE Intelligent Platforms (NYSE: GE) today announced that it is building on the expertise of GE as a world-class manufacturer to introduce advanced manufacturing software solutions that drive lower costs, faster production and tighter control on quality. Deployed at GE manufacturing plants around the world, these solutions are continuously honed to keep GE and other manufacturers competitive in their markets.

The software solutions, called Proficy for Manufacturing, address key challenges faced by companies across a diverse range of manufacturing businesses. The first in the family is aimed at long cycle, engineer- or build-to-order (ETO or BTO) complex manufacturing operations. For companies in aerospace, defense, heavy equipment, energy or other complex discrete manufacturing industries, paper-based processes to manage plant floor production are still the norm. The need for comprehensive visibility into production performance has become increasingly important to stay competitive. Elimination of the paper-based processes through digitization provides fast, reliable and accurate information manufacturing businesses need to effectively manage their operations and work toward optimizing their supply chains.

“Manufacturers and their suppliers face multiple industry challenges today,” said Jim Walsh, Software General Manager for GE Intelligent Platforms. “These include agile product development, price pressures, customization to meet consumer demand, quality, and, of course, cost.”

GE companies deploying pieces of the solutions have already realized significant benefits such as: 70% faster order-to-delivery, 15% reduced WIP, 12% less rework and 24% reduced warranty costs.

A key aspect of Proficy for Manufacturing includes the ability to reduce costs through MES digitization of existing paper processes. Manufacturers can then leverage the benefits of digitized processes such as reducing waste, increasing flexibility and decreasing lead times. Digitization makes it possible to capitalize on the value of fast, reliable and accurate information to maximize production performance, save time and money while still providing a consistent high quality product.

Stock quotes in this article: GE 

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