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Engineering Lab Use Case

Engineering lab environments represent a significant opportunity for leveraging the many benefits of Sensify’s solutions and sensor based technologies to address key business drivers. Specific drivers include the security and accountability of
assets, calibration and service management, and measuring equipment utilization and effectiveness.

Asset Accountability

Every lab manager, engineering vice president, and financial controller is required to maintain a complete accounting of all equipment. Inventory audits are done at least annually and at great cost and effort. Sensify has delivered benefits that
include:

  • Conducting Inventory audits across multiple labs with little or no infrastructure investment
  • Conducting an accurate cycle count of inventory in hours, not days, weeks or months
  • Instantly retrieving automated reports for management and compliance

With tagged assets, customers are achieving 100% accuracy while eliminating 90% of audit costs; enabling instant reconciliation and reduced asset shrinkage.

Calibration and Service Management

Product development depends on equipment being properly maintained.Especially important is the calibration of equipment. Calibration is often outsourced to specialists who perform this work on a predetermined schedule. Benefits of full visibility in this area include:

  • Locating assets on demand in minutes
  • Scheduling of assets for calibration so that they are not otherwise in use
  • Minimize project delays and buffer inventory due to unavailable equipment

Calibration and service management hold great promise for productivity gains, capital reductions, and operational cost savings through the use of RFID.

Equipment Utilization & Effectiveness

The percentage of “shared” assets versus ”assigned” assets is much higher in an engineering lab environment than in other areas. Optimizing the use of these shared assets is key and only achievable if the pattern of use is known. Further,
some assets are totally unusable without various “accessories” that are required for operation. Equipment utilization and effectiveness benefits include:

  • Reservation of equipment by engineers by project (with all required accessories)
  • Check-in and Check-out of equipment (association to human assets)
  • Standard reports of equipment utilization and violations

Understanding equipment utilization and effectiveness helps to lower buffer inventories, allocate costs appropriately, and ensure the availability of assets for the individual engineer and the organization.

Effective management of engineering assets across multiple labs requires a high level of visibility. The value of such visibility is much more than simply accounting for the assets and reconciling with the systems of record. The greater value is in the questions this level of visibility can answer that previously went unasked.[/vc_column_text][vc_column_text css=”.vc_custom_1463988862581{border-top-width: 1px !important;padding-top: 15px !important;border-top-color: #b71521 !important;border-top-style: solid !important;}”]

Engineering Lab Case Study

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