USE CASE

Streamlining Tooling Asset Management

GOALS

In manufacturing, efficient tooling asset management is crucial for maintaining product quality and production efficiency. Matix provides an innovative solution to simplify and optimize the entire asset management process.

WHAT WE DO

How MATIX Helps

Efficiency Enigma

When dealing with many injection molding, metal stamping and die casting tools, companies often face:

Time-consuming asset location and tracking
Inefficient maintenance scheduling
Lack of centralized documentation for molds and dies
Difficulty in monitoring asset performance and lifespan

These challenges can lead to production delays, increased cost of ownership, maintenance and auditing, reducing overall equipment efficiency.

The Matix Solution

Matix's comprehensive tooling management system offers:

Indoor & Outdoor Location Tracking
Our IoT sensors enable real-time tracking of molds both inside and outside the plant, eliminating time wasted searching for tools.

Centralized Documentation
The MATIX EAM platform provides a single repository for all mold-related information, including photos, maintenance records, and technical specifications.

Automated Performance Monitoring
MATIX Box sensors track cycle counts, cycle times, and other critical parameters, providing insights into mold performance and wear.

Preventive Maintenance Scheduling
Based on real usage data, Matix helps schedule timely maintenance, reducing the risk of unexpected breakdowns

Condition Monitoring
MATIX sensors identify signs of wear, damage, or inefficiency before they lead to failures, thereby enabling predictive maintenance and reducing unexpected downtime.

Efficiency Unlocked

Implementing Matix for tooling asset management can lead to:

Up to 50% reduction in asset management activities
Improved asset lifespan through timely maintenance
Enhanced production planning and scheduling
Reduced downtime due to breakdowns and unplanned maintenance.

Our case study with a smart home company demonstrates how Matix's solution can cut mold management activities in half, leading to significant time and cost savings.

For tooling managers, plant managers, and engineering managers in industries relying heavily on molds and dies, Matix offers a transformative approach to tool management that enhances efficiency and reduces operational headaches.

Downtime Dilemma

Manufacturers in industries such as automotive, household appliances, and consumer goods often struggle with:

Unexpected machine breakdowns
Inefficient maintenance schedules
Lack of real-time visibility into equipment performance

These issues lead to prolonged downtime, reduced productivity, and ultimately, lower OEE.

The Matix Solution

Matix's IoT-powered Enterprise Asset Management (EAM) platform provides: 

Real-time Monitoring
Our MATIX Box sensor uses an accelerometer to measure impacts and movements, tracking cycle counts and times accurately.

Predictive Maintenance
By analyzing performance data, Matix helps identify potential issues before they cause breakdowns, allowing for timely interventions.

Automated Data Collection
With NB-IoT technology, data is automatically sent to the cloud, eliminating manual data entry errors and delays.

Comprehensive Analytics
The MATIX EAM platform offers in-depth insights into equipment performance, helping identify areas for improvement.

Productivity Unleashed

By implementing Matix, manufacturers can achieve:

Up to 30% decrease in downtimes
2% or more increase in Overall Equipment Effectiveness (OEE)
Improved process stability and efficiency

As demonstrated in our case study with a leading plastic furniture manufacturer, Matix's solution can significantly reduce downtime, leading to substantial improvements in productivity and cost savings.

+20%

Tooling asset efficiency

Through process and performance analytics

-40%

Downtime

Through condition monitoring and predictive analytics

+15%

Asset lifecycle extension

Through condition monitoring, maintenance planning and predictive analytics

-10%

Supply costs

Through greater collaboration with suppliers and increased visibility

ULTRA PERFORMANCE

Powerful data insights.

Check the status of indicators like Alignment, Balancing, Temperature and more — all in a single screen. Keep up with failure trends before being alerted by an insight.

SEE WHAT OUR CUSTOMERS SAY

Leading enterprises rely on Matix

Matix is an effective and easy to implement solution for digitalizing tooling management from efficiency analysis to predictive maintenance planning.

Dario Capitanio

Group Operations Manager

Matix is a powerful tool that simplifies Tooling Management by enabling us to have live remote access to all our tooling information through a cloud-based system. All the tools you have around the world in the palm of your hand.

Marco Ibarra Lopez

Tooling Manager

With MATIX we push limits, finding efficiencies and boosting performances. MATIX guides our production needs, reducing downtime and optimizing performance.

Ivan Tanasijevic

Technical Operation and Maintenance Leader

A game changer for the procurement department: introducing the digitalized management of outsourced tools, centralizing information and automatizing data acquisition.