INDUSTRY 4.0
EPISODE 3
by Rob Miller, Wittmann Battenfeld Canada Inc. / ROTOLOADTM
Put your Money‌Where your Money is! As I ended Episode 3, I explained that my intention over the next few episodes will be to explore some examples as to how the implementation of Industry 4.0 principles, equipment, and theories can benefit your manufacturing and improve your bottom line. Using Industry 4.0 to manage your most valuable resource. After discussing this topic with several molders, the average rotomolded part has a cost of anywhere from 40%-70% related to the raw material, so this seems like an important and valuable place to start. I thought that I would get started with a small case study, a return on investment investigation, to see where 4.0 can lead, and indeed benefit your business and financial goals. As an industry, plastic is the heart of our business. Without raw material to put into our molds, we would have no business to discuss. No matter which batch weight, blend, mix, color, polymer, or mesh size we use in our process, we need to have resin to make parts. Even if every part is a different color, we still need to know where our resources are being consumed. Therefore, all molders have some volumes of materials, from small bags, to gaylord boxes, to super sacks, up to a silo, or multiple. A 12 ft diameter silo, 64 feet tall, holds roughly 200,000 lbs of powder resin. At a dollar a pound, that is a lot of money sitting in a metal tank outside of your building. The big question is, do we all have an accurate picture of where that powder is going. It is reasonable to expect that there is a wide spectrum of answers related to this question. 38 ROTOWORLDŽ AUGUST-SEPTEMBER 2020