Measuring the Value of New MES Solutions

By Janice Abel

Category:
Technology Trends

MES growth will continue because of the enormous value it brings to manufacturers and operations. ARC just completed its new study on modern manufacturing execution systems (MES) for the process industries. The number one reason that users acquire MES systems is to reduce costs and increase profits. MES enables the ability to make real-time decisions based on actionable information to help increase throughput and yields, reduce downtime, and improve product quality and collaboration. While costs and ROI, are important to many end users, they also agree that they need to better understand the value that the new software brings to their company. And some of the value is very difficult to measure. Some suppliers are building mechanisms into their technology to help end users measure the value better. Some use OEE applications that are built in but others have more sophisticated value-analysis capabilities. Some suppliers use spreadsheets or tools that they use to help clients understand what others with similar applications achieved in terms of benefits, ROI, and value.

ARC research indicates that the ten top factors that users looks for to justify MES implementations are: reducing costs, improving process efficiency, increasing production, improving scheduling & planning, improving quality, improving collaboration, enforcing regulatory compliance, and reducing downtime. However, variations exist because of the specific applications, industry, or company requirements.

Mes Blog 8 24 17.jpg

Top Ten User Benefits from Implementing MES

In addition to the above, the new ARC market research report on MES for the process industries discusses the impact that newer technologies such as the IIoT, cloud computing, analytics, open process automation are having on the MES sector. The research includes competitive analysis, plus five-year market forecasts by region, industry, and customers in the process industries – oil & gas, chemicals, power generations, food & beverages, pharmaceuticals and biotech, metals & mining, pulp & paper, etc.

Engage with ARC Advisory Group