MELBOURNE, Australia, 28 February 2025 – Australian manufacturing effectivity software program firm OFS has launched Mayvn AI, a man-made intelligence platform designed to enhance productiveness and strengthen communication between manufacturing executives and operational groups.
The Australian-designed and engineered software program supplies real-time data and insights on what’s occurring operationally in manufacturing amenities. This could embrace points which can be at the moment delaying manufacturing proper by way of the preparation of a enterprise case for capital funding and the related return on funding (ROI).
Mayvn AI has been trialled with main Australian and world producers, together with iconic U.S. confectionery producer, Tootsie Roll Industries (NYSE: TR), which has been capable of scale back sure data-related procedures by greater than 90 per cent.
“There are issues we ‘knew’ had been a difficulty, however Mayvn AI validates and shortly provides us knowledge to have the ability to successfully display the impression of these points,” mentioned Eric Bader, Manufacturing Techniques Supervisor at Tootsie Roll Industries.
“We’ve seen all ranges of our staff use Mayvn from our COO to VPs proper by way of to the manufacturing facility ground. The pace at which it may give us concrete, actionable knowledge and its prompting options to dive deeper into which have been significantly helpful. It additionally helps our wider imaginative and prescient to leverage knowledge mining and evaluation to enhance our operations.”
“Occasions have modified; enterprise leaders in the present day face an awesome quantity of data from a number of features—finance, operations, provide chain, compliance, and past,” mentioned OFS CEO James Magee. “They’re time-poor, consistently making high-stakes choices, and figuring out the place greatest to focus their consideration. The pressures of management could make it troublesome to step away from technique and spend high quality time on the manufacturing facility ground.
“The truth is that almost all manufacturing executives don’t have enough visibility over what’s occurring of their factories. As a result of quite a lot of elements, many don’t spend as a lot time as they’d like visiting them, and once they do they’re seldom armed with the mandatory data to have significant conversations with the individuals answerable for working them. Not the least of that are these on the entrance line working the manufacturing strains day-after-day.”
“Now an govt can sit of their automobile exterior a manufacturing facility and ask Mayvn AI for 3 issues they need to discuss to the positioning supervisor about primarily based on final month’s efficiency. As soon as they’ve digested this data, they then ask Mayvn for the identify of the operator working Line 1 and what has been bothering them over the past 30 days, like Sarah having repeated points with the move wrapper. Armed with these insights, the chief has a significant, fact-based dialogue with the positioning chief, after which places the hair web and PPE on, walks out onto the store ground and asks for an introduction to Sarah to debate the problems she has been dealing with.
“We all know from expertise the extra individuals have interaction in conversations on operational efficiency, the extra probably it’s that engagement will enhance, and together with it efficiency and revenue enchancment. The impression is exponentially higher when the engagement begins on the very high. Mayvn AI takes it to the following degree as the chief can ask how a lot the defective move wrapper is costing the enterprise, whether or not there’s a return on funding for changing it, and even to spotlight the capital funding wanted.”
Magee additionally says this sort of AI innovation will assist drive the Authorities’s Future Made in Australia plan to bolster Australia’s manufacturing in areas equivalent to renewable power, industrial innovation, and know-how.
“Reinvigorating such a globally aggressive trade can’t occur with out trendy applied sciences, and it definitely can’t occur with out full alignment between the boardroom and the manufacturing ground,” he mentioned.
Mayvn AI has a world patent pending centred on how OFS has utilized new manufacturing-based knowledge fashions, which has a big flow-on impact to the standard of the insights delivered.
On the heels of its profitable trials with Australian and U.S. producers, the Melbourne-founded firm may also launch Mayvn AI additional overseas in its increasing worldwide enterprise, together with within the UK, Asia-Pacific, and its new Latin American headquarters opening in Argentina later this 12 months.
Mayvn AI is accessible now.
