Plastics processors are living in a digital world; and technology is profoundly changing the way everyone lives, interacts, communicates, works and does business. While all industries have benefitted, perhaps none are impacted quite like manufacturing. Findings here show that integrating processes, advancing efficiency and accelerating workflow generate as much as 25% to 40% return on technology investment. And that’s just the tip of the iceberg. As technology continues its rapid development, optimizing internal processes will impact efficiency, quality, throughput and profitability exponentially.

Optimization is all about getting the most reliable, accurate and timely information needed to provide the insight to achieve the desired results faster and in the least expensive and most efficient way. These days that means the integration of robust business and manufacturing applications. Conversely paying little or no attention to the widening gap between processes and optimization technologies can quietly erode the fair market value of a manufacturing company. Although the advantages are well documented, a surprising number of manufacturers, especially those in the plastics industry, are slow to embrace these new technologies.

It’s time for an analysis.

Most plastics processors probably assume that they are on solid ground. After all, the machines are running, the bills are being paid and the lights are burning. But could they be doing even better? Do they really know where their company ranks in terms of operational optimization?

This Plastics Processor Gap Analysis will help processors learn how their company stacks up against the eight most common efficiency gaps.

Read the Plastics Business Magazine article here.