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Sarbanes-Oxley Compliance Hours on the Rise, Despite Technology

LLumin's Insight
Hours spent by businesses on compliance with the Sarbanes-Oxley Act (SOX) rose 10% from 2018 to 2019, according to nearly 60% of respondents in an annual survey conducted by consultancy Protiviti. Why? The company cites that 47% of respondents have neglected to apply technology to this compliance process. Tech-powered operations software from LLumin, Inc. allows firms with manual and fragmented efforts to employ automation that streamlines the SOX compliance process.

Article Excerpt:
  Many audit teams are neglecting to implement new technologies that could reduce the time needed for SOX audit requirements.

Outlook 2020: What EHS Managers in Manufacturing Need to Know

LLumin's Insight
Environmental, Health and Safety (EHS) managers can expect an increased emphasis by regulators on the manufacturing, handling and disposal of hazardous materials this year. The fast-rising awareness of Per- and polyfluoroalkyl substances (PFAS) will drive the overall expansion of compliance efforts for these so-called forever chemicals. Keeping pace with expanded compliance requirements expected to emerge requires a comprehensive, digital system that can produce relevant data and digital documents in a timely manner. LLumin’s READYTrack operations software suite covers all aspects of hazardous material handling tracking, from their arrival to their location and disposal using automated workflows.

Article Excerpt:
Environmental initiatives will play a big part this year.  

Apple Loses Pair of Key Operations, Supply Chain Executives

LLumin's Insight

The departure of manufacturing operations staff for any reason underscores the need for an AI-based system that captures and maintains the knowledge of maintenance management to eliminate any potential disruption or downtime going forward. News that Apple is losing a pair of key operations and supply chain executives should serve as a reminder to companies that their operations management software must support these tasks. The departure of skilled managers for positions elsewhere, retirements, etc. need not disrupt asset maintenance. LLumin’ s READYAsset suite provides the capabilities and functionality needed to meet the departure challenge.

Article Excerpt:
Apple Inc. has lost a pair of veteran executives who worked in the manufacturing, supply chain and operations group and were key participants in the production of many of the company’s major devices.

U.S. Manufacturing Is Bouncing Back

LLumin's Insight

There has been much discussion of the state of manufacturing in America, with many pundits seeing gloomy times in industries such as automotive. Other forms of manufacturing are starting to show signs of a comeback. In January 2020, some industries have rebounded, and eight out of the 18 industries reported growth, according to research cited in a Seeking Alpha report. Listed in order, these are Furniture & Related Products; Wood Products; Food, Beverage & Tobacco Products; Computer & Electronic Products; Miscellaneous Manufacturing; Nonmetallic Mineral Products; Chemical Products; and Fabricated Metal Products. Learn which manufacturing industries have contracted.

Article Excerpt:
After six straight months of contracting, U.S. manufacturing has bounced back based on the ISM Manufacturing Purchasing Managers Index [PMI]. The current PMI is over 50 at a value of 50.9 in January 2020. A value over 50 indicates expansion. Notably, the PMI value was over 60 until fall of 2018 when it dropped precipitously. Although the current reading is a positive sign that the manufacturing in the U.S. is recovering, it is only one month’s reading. The manufacturing turnaround in January was driven by gains in new orders, production, and deliveries. However, employment in the manufacturing sector is still...

Amazon, Google, Apple Set Aside Differences to Establish IoT Standard

LLumin's Insight

The group’s goal is to increase compatibility for consumers and simplify development for manufacturers of IoT products. It could also increase demand for home devices from consumers and makers. The initiative, titled "Project Connected Home Over IP," will take shape as a working group with other industry stakeholders, and also involves the ZigBee Group, an organization that pushes for more open and universal standards as it relates to the Internet of Things. The resulting standard will focus on addressing connectivity and could streamline the production of these increasingly used home devices.

Article Excerpt:
The biggest tech companies in the world will stand side-by-side on an initiative to make smart devices easier to connect.

FDA System Called “Antiquated”

LLumin's Insight

The FDA recently launched a host of new regulations to address foodborne illnesses, but handling these outbreaks is anything but quick and requires meeting multiple challenges. The situation is worsened by the agency’s use of what has been called an “antiquated” system. Every year, 9 million people in the U.S. get sick and 1,300 die from foodborne illnesses, according to the Centers for Disease Control and Prevention. Leafy greens are under intensified scrutiny as they harbor one of the causes - E.coli bacteria.

Article Excerpt:
E. coli in produce causes 48% of food-borne illnesses linked to the bacteria. FDA wants to digitize records to trace sources of outbreaks but has no timeline.

READYAsset Increases Plant Run Time Above 99% and Pays For Itself In Under 3-Years

LLumin's Insight

LLumin is excited to be featured in Rockwell Automation's The Journal Magazine where Red Cedar Gathering, reports in a 5-page spread, that LLumin's READYAsset is used for predictive and preventive maintenance and to track materials. The software has increased its energy plant's run time above 99% and paid for itself in less than 3 years.

Article Excerpt:
Red Cedar Gathering uses the asset management to do predictive and preventive maintenance by monitoring and analyzing historical and real-time data such as temperatures and pressures. “The additional data helps us keep a close eye on the condition of the equipment,” says Velasquez. “We now proactively measure the condition of our equipment and set historical and condition-based rules. We record machine data to see the condition of our equipment and use preset rules to identify out-of-spec conditions.” “We can also now analyze the data and optimize the treating capabilities. We keep tighter thresholds on temperatures now and have a more...

Overcoming the Knowledge Gap

LLumin's Insight

Every plant has that one person (or two or three people) who can look at data or metrics about a piece of equipment and spot problems before they happened. Unfortunately, many skilled workers are now leaving the workforce, taking with them essential expertise. The solution is to look at an expert system that can help capture institutional knowledge and suggest actions when certain conditions are detected.

Article Excerpt:
After years of working with customers to implement software and systems that gather data, I’ve noticed the process is often implemented backward.

Top Safety Concerns in the Manufacturing Industry

LLumin's Insight

With high-speed industrial equipment running all the time and with materials that can be flammable, irritating to the skin, or toxic, manufacturing plants must always guard against industrial accidents. Two of the top safety concerns are poor maintenance and under-trained employees. A way to ensure safeguarding of your employees is to ensure equipment is optimally maintained and staff safely uses and manages materials.

Article Excerpt:
Exposed wires, fatigued workers, poorly maintained equipment. Manufacturing facilities are riddled with risks, both hidden and out in the open. If you don’t know where to begin looking, such hazards can result in serious injury or death.

Selecting a CMMS: Stepping Up Your Public Asset Management Game

LLumin's Insight

Municipal water utilities are made up of assets, including pipes, valves, tanks, pumps, wells, hydrants, treatment facilities and other components. To effectively manage such public assets, you need to know what they are and where they are located. Decision making to manage such assets requires data collection, data management and analysis. The Water Finance Research Foundation says that municipal utilities that move from paper-based systems to computerized maintenance management systems (CMMS) can realize an estimated 12 to 18 percent cost savings.

Article Excerpt:
A water utility strives to progress along a cost savings path moving from paper-based reactive work orders to a planned maintenance strategy using a CMMS to gain an estimated 12 to 18 percent cost savings.  

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