Paul Harfas, Co-Founder and CEO
Data insights are the eyes and ears of businesses today. Yet in the manufacturing world, organizations fail to unlock next-level insights from their smart factory implementations or legacy solutions. This is mainly due to the complexity of systems as well as regulatory constraints that prevent firms from leveraging data and quantifying the issues that arise on the shop-floor. In such times, what firms need is a partner that simplifies their data journey to drive process improvement and bring a competitive advantage.
Enter Octavic, a firm based out of Romania and Denmark that helps optimize shop-floor management and production processes through a flexible industry 4.0 solution. Central to Octavic’s offering is Productivity Efficiency Tracker (P.E.T.), a holistic and modular system that easily integrates with old and new production equipment, and allows users to make data-driven decisions. Paul Harfas, Co-Founder and CEO of Octavic mentions, “What stands out about P.E.T. is its ability to offer real-time data from machines bridged with people knowledge.”
For example, through a feature called Andon signaling manufacturers have access to production issues that are flagged in real-time via a simple UI workflow to prevent any delays. Additionally, P.E.T. also provides a complete snapshot of current assembly line status, downtimes, and relevant statistics through visual management boards. Since P.E.T. is customizable, it adapts to industry needs and also tailors information for different teams whether, material handling, quality, maintenance, and so on. For maximum client benefit, the system also integrates with existing ERP systems for consistent data flow across the organization. All data gathered by the system is accessible through a web interface or mobile phone. “Moreover, for industries dominated by regulations, specifically pharmaceutical perhaps the biggest advantage with P.E.T. is that it’s GMP compliant, and clients can go paperless and have an audit trail for batch records’ execution performance,” adds Harfas.
We aim to provide the equivalent of a modern airplane cockpit—all parameters of the smart factory available at one glance, at the right granularity and relevance
Not limited to data capturing, P.E.T. also provides a range of analytics and KPIs. This encompasses OEE, production output, and scrap to more in-depth metrics for process improvements, such as changeover and downtimes analysis and maintenance KPIs. From company-wide down to singular equipment in the production line, P.E.T. is capable of granular data analysis.
Based on analytics and current data, P.E.T. continuously offers the best scheduling options and estimations. It considers past performance, current delays and output rates, and guarantees the optimum production planning solution that minimizes changeovers and meets required time constraints taking into consideration uncertainties like unexpected: stoppages, low efficiency or high scrap rate in order to reduce the risk of late deliveries. “Overall we aim to provide the equivalent of a modern airplane cockpit—all parameters of the smart factory available at one glance, at the right granularity and relevance for each level in the manufacturing organization,” says Harfas.
Given their strong solutions portfolio, Octavic is currently the solution-of-choice across verticals such as pharma solids packaging, food and beverage, dairy, and automotive. To better highlight their prowess, the case study of Zentiva, an international pharma company is a perfect example. With Octavic onboard, the client saw a string of benefits from countering downtimes, achieving an electronic logbook, to eliminating paper records and replacing them with electronic records that meet GMP regulations. Moreover, the analytics provided a basis for multiple process improvement actions, leading to substantial OEE improvement.
Going ahead, Octavic will continue to focus on the pharma industry while extending into other sectors. “We plan to achieve this by strengthening our internal sales and support teams and setting up partnerships with system integrators so we can have a local presence and promptly react to our customers’ needs,” reveals Harfas. Geographical expansion is also on the cards, as the company plans to extend its existing footprint in Romania and Denmark followed by Central and Eastern Europe. “It’s all about going ‘one octave higher’ each time, in terms of doubling our results, productivity, and quality,” ends the CEO.