Are you looking to reduce costs, increase production efficiency, and minimize the impact of your industry on the environment?
All industries, especially energy-intensive ones like iron and steel, injection molding, cement and petrochemicals, are under constant pressure to meet these challenges. Supply chain pressures, sustainability, stringent regulatory landscapes, increasing consumer expectations and the global energy crisis, which has caused an explosion in energy prices, have put their margins and profitability under pressure.
According to Plastics Technology, significant energy savings are available to most injection molding operations. In a typical injection molding facility, energy consumption is often distributed as follows:
Time and money spent on reducing power requirements will lower those large utility bills every month. How much could be saved if a shop reduced energy consumption by just 5% or 10%? Thousands of dollars.
With high stakes, industries need systematic and efficient approaches that can quickly identify optimal process settings, save time, cost and resources.
The most common method for fixing quality issues and developing process improvements is the one-factor-at-a-time approach. However, this method can be time-consuming and expensive and often results in suboptimal outcomes. In addition, it might be difficult to obtain any information about how the different factors might impact each other.
One alternative is to change all parameters settings together, simultaneously, thanks to a Design of Experiments (DOE) approach.
There is a powerful and structured tool that can help overcome these challenges: Design of Experiments (DOE). DOE is a statistical approach that enables users to investigate the influence of several variables on the outcome(s) of interest, making it an effective tool for optimizing processes and products. It involves conducting a series of experiments in which input factors are systematically varied and the resulting output responses are measured.
There are many benefits of using DOE, including:
Fortunately, Minitab’s powerful software can assist with your DOE:
Minitab Statistical Software can help companies reduce energy consumption and improve yield by providing an efficient approach to process optimization through DOE. With its advanced analytical capabilities and data democratization, Minitab enables companies to leverage the most of their workforce and to achieve their desired outcomes with minimal energy consumption and waste.