​Statistics and Probability for Better Decisions in Manufacturing

​Excited to report that Bill Frahm of 4M Partners made it on to the “Top 5 in 365” list of the five most-popular stamping related articles on www.thefabricator.com!

In the article, Statistics and Probability for Better Decisions in Manufacturing, Bill writes:

“If you manage the manufacture of high-volume products, you also generate large volumes of data. Buried in that data are pieces of information that can direct you to make better decisions and improve your manufacturing efficiency. The key to reading your data lies in the mathematics of statistics.”

Bill makes the analogy that baseball statistics like batting average against lefties in night games is simply measuring performance under a set of certain conditions. Collecting meaningful data in a stamping plant, like scrap rates as a function of tensile properties, tonnage, and lubricant, can be similarly enlightening and allow you to estimate your success under specific conditions. This will result in fewer expensive die tryouts and improve productivity. He concludes:

” There is no real magic to it. Statistical analysis can provide you with a greater level of awareness of your operations and anticipate events and performance for better results.”

Read more at:
https://www.thefabricator.com/article/stamping/statistics-and-probability-for-better-decisions-in-manufacturing

​-Danny Schaeffler, www.EQSgroup.com and www.Learning4M.com

By |2018-12-17T18:58:13+00:00Dec 18, 2018|Uncategorized|0 Comments

About the Author:

Danny received his Bachelor of Science degree in Materials Science and Engineering from the Johns Hopkins University in Baltimore, MD, and a Master of Science and Doctor of Philosophy degrees in Materials Engineering from Drexel University in Philadelphia, PA. While at Drexel, Danny held engineering and research positions with the David Taylor Research Center (Annapolis, MD) and Hoeganaes Corporation (Riverton, NJ). After receiving his Doctorate, Danny started at the LTV Steel Technology Center (Independence, OH), where he was a member of the Customer Technical Center, focused on customer-based problem solving in the areas of corrosion, formability, and surface contaminants. He then transferred into the Automotive Development Group, focused on formability analysis and training; materials selection and optimization; tooling development and production launches for new vehicle programs; customer materials & manufacturing cost reduction efforts; forming/denting/structural computer simulation; and technical awareness and communications with the automotive manufacturers and their Tier One / Tier Two companies. Danny's first position in the ADG was as the engineer responsible for all transplant accounts, and then moved to having responsibility for the Ford Motor account, before being promoted to the Group Manager. During his time with LTV Steel, Danny was active in AISI and Auto/Steel Partnership activities, serving as Chairman of the Standardized Dent Resistance Test Project as well as participating in other committees. Danny is the founding member of Engineering Quality Solutions, Inc. Danny has over a dozen publications and is a member of ASM International, SAE International, and is the President of the North American Deep Drawing Research Group (www.NADDRG.org).