Patent ID: 8055371
Filing Date: 2011-11-08
Classification: G05B,G06Q,Y02P

Abstract:
1. A method of improving a manufacturing client's business performance comprising: determining a current baseline business performance for the client including identifying targeted areas of improvement in the manufacturing area, each targeted area being associated with one or more industrial processes; analyzing a potential economic gain for each targeted area; identifying dynamic performance measures for each targeted area; monitoring industrial process parameters within the target areas, each industrial process parameter being associated with an industrial process; developing baseline dynamic performance measures of the target areas based on the monitoring of the industrial process parameters; analyzing the baseline dynamic performance measures to identify areas within the targeted areas of improvement for optimization; optimizing industrial process parameters associated with the identified areas within the targeted areas of improvement based on the analysis of the baseline dynamic performance measures; and measuring, after the optimization, the industrial process parameters associated with the identified areas and developing second baseline dynamic performance measures based on the measured industrial process parameters.