Background
Accurate Industries is a premier plastics manufacturer specializing in automotive components since 2006. They are one of the top-ranked suppliers to some of the world’s biggest two-wheeler manufacturers and have an admirable reputation for reliability and quality. Accurate Industries operates 40+ injection molding machines of different OEMs deployed across their multiple plants.
Challenges
Accurate Industries operates in an extremely competitive and demanding environment that puts constant pressure on their margins. The management team realized that while its traditional methods, processes, and systems were effective, the fast-changing, global, and highly competitive business environment required it to adopt the technological innovation – Industry 4.0 – to stay competitive.
Solution
The company deployed EcoAxis’ axisPLAST4.0, an Intelligence of Things product for the plastic industry, after careful consideration of the following factors:
- Zero investment in IT skills or infrastructure
- Deep domain insights and analytics derivable from the dashboards and reports
- Quick and easy deployment
- Single, unified, and integrated view across all OEM machines
- Constant and continual product innovation
“We are excited by the business gains and competitive edge that axisPLAST4.0 has helped us realize in such a short period. Also it will help us to continuously push the boundary of innovation to stay ahead of our competition. Industry 4.0 being a strategic and an on-going program, it requires a trusted and knowledgeable partner like EcoAxis.”
– Yashi Gupta, Director, Accurate Industries
Benefits
Customers Who Trust EcoAxis.
“We chose EcoAxis for its technological superiority, domain knowledge and experience in RPMS (Remote performance monitoring system) which make it a leader in the segment. EcoAxis team has a phenomenal ability to understand our needs and translate them into a reliable solution. We have already considered EcoAxis for 6 overseas projects and would not hesitate to recommend them to others.”
“Energy and operational efficiency improvements were our immediate business goals. We decided to go for EcoAxis’ solution digitizing our complete plant floor with access to analytics on anytime anywhere basis…we have achieved close to 15% energy efficiency…we are confident to achieve a further 10% improvement on energy costs in the current year…and are confident that we would be able to drive up to 10% OEE improvements at the factory level.”
“We are excited by the business gains and competitive edge that axisPLAST4.0 has helped us realize in such a short period. Also it will help us to continuously push the boundary of innovation to stay ahead of our competition. Industry 4.0 being a strategic and an on-going program, it requires a trusted and knowledgeable partner like EcoAxis.”
“For our competitive advantage, we leverage the data of our interconnected machines, material traceability, and SAP business system for getting live KPIs anytime, anywhere, using EcoAxis’ IoT solutions. Our expectations from the IoT solution were very challenging, but I am happy that EcoAxis has surpassed our expectations.”
“We are delighted to see the latest enhancements in axisPLAST 4.0, especially the daily and monthly reports providing all relevant data that we need”
“We decided to use axisPLAST 4.0, the Internet of Things technology, provided by EcoAxis to collate and analyze live data. It has some unique functionalities built specifically for plastic product manufacturers, e.g. operational reports, mold analytics, etc. providing us tremendous value in terms of operational analysis.”
