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Industry Summary Articles

Wednesday, October 30, 2019

Lantek to demonstrate groundbreaking 2020 releases at FABTECH 2019

Lantek Sheet Metal Solutions is eager to present three new advanced manufacturing software modules for sheet metal manufacturers in booth A3521 at FABTECH in Chicago, IL November 11-14. Available in the first half of 2020, Lantek Analytics, MetalShop, and iQuoting modules aim to provide quick and easy access to decision makers and production planners for more accurate business analytics and quoting.

Slated for release in early 2020, Lantek Analytics presents manufacturing and customer KPIs in a graphical interface allowing quick and accurate decision making. Manufacturing Analytics offers KPIs such as equipment availability, OEE, parts produced, percentage of good parts in a certain period, percentage of remnants over total raw material, stock status, and weight of parts produced.

Customer Analytics offers KPIs such as percentage of accepted quotes, best customers by accepted quotes and margins, deviation from estimated costs, and history and location of quotes. Both modules are highly customizable for any shops' reporting needs. These cloud-based platforms keep cost for new hardware minimal and provide increased security and accessibility while simplifying the installation and maintenance.

MetalShop, available for pre-release in early 2020, is an online interface that enables customers of suppliers to login, submit a request for quote, and place an order online by uploading the geometry part and selecting material, quantity, deliver date and delivery method. Once the request is submitted, a series of automated tasks occur within Lantek to calculate cut time, cost of material, stock levels and the margins to be applied. Additionally, queries are made to the company's MES to check levels of work in the workshop and schedule cutting and other operations to meet the deadline.

The iQuoting app allows sales teams to generate quotes for customers rapidly without the need for highly technical skills. Once a part is uploaded to the system it checks for anomalies in the data such as bad CAD data or zero weight of a part and notifies an engineer to intervene with the customer. This platform aims to reduce quote time and increase output for companies generating large volumes of quotes.

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