Managing Innovation Fritz Awig Vice President, Engineering and - PowerPoint PPT Presentation

the vision to innovate, the technology to excel™ the vision to innovate, the technology to excel Managing Innovation Fritz Awig Vice President, Engineering and Operations February 28, 2014 the vision to innovate, the technology to excel™

the vision to innovate, the technology to excel™ the vision to innovate, the technology to excel Managing Innovation • Company Overview • Product/Market Evolution • Managing Innovation • Recognizing Good and Bad Innovation

the vision to innovate, the technology to excel™ the vision to innovate, the technology to excel COMPANY OVERVIEW

the vision to innovate, the technology to excel™ the vision to innovate, the technology to excel Company was founded in 1966 as an engineering-oriented machine tool distributor Pressco entered the High-Speed Vision Inspection Market in 1983 Today we are considered an innovation pioneer in advanced on-line, computer automated vision inspection and process analysis products and services

the vision to innovate, the technology to excel™ the vision to innovate, the technology to excel Mission Statement To be the World Leader in engineered on-line Sensing and Process Analysis products and services which delight customers while applying Biblical principles of ethics.

the vision to innovate, the technology to excel™ the vision to innovate, the technology to excel Our 56,000 sq ft facility houses Engineering, Manufacturing, Research, Sales & Marketing, Service, Training and Support organizations 18,000 sq ft is dedicated to technical support and new product development

the vision to innovate, the technology to excel™ the vision to innovate, the technology to excel Pressco Technology Inc. is the proud owner of over 30 patented technologies

the vision to innovate, the technology to excel™ the vision to innovate, the technology to excel Pressco began exporting in 1988 and has installed over 7,200 systems in 78 countries around the world

the vision to innovate, the technology to excel™ the vision to innovate, the technology to excel Sales/Service Offices

the vision to innovate, the technology to excel™ the vision to innovate, the technology to excel Pressco Serves Very Diverse Markets

the vision to innovate, the technology to excel™ the vision to innovate, the technology to excel Pressco Markets Other Closures 14% 13% Filling Plastic Container 8% 16% Metal Container Food Metal Container 13% Beverage 36%

the vision to innovate, the technology to excel™ the vision to innovate, the technology to excel PRODUCT/MARKET EVOLUTION

the vision to innovate, the technology to excel™ the vision to innovate, the technology to excel Vision Inspection Requirements (circa 1980): • Single manufacturing line • 200 parts per minute • 20/20 vision • Inconsistent performance

the vision to innovate, the technology to excel™ the vision to innovate, the technology to excel First vision inspection system ever installed in the metal container industry • One electronics cabinet • One inspection module • One camera • One light source • One lane • 500 parts per minute • NO REJECTER!

the vision to innovate, the technology to excel™ the vision to innovate, the technology to excel Metal Container Market • One electronics cabinet • Four inspection modules • Eight cameras • Sixteen lighting arrays • Four independent lanes • 3600 parts per minute • Extremely consistent performance

the vision to innovate, the technology to excel™ the vision to innovate, the technology to excel Filling Market • High Resolution Camera • Integrated Touch Screen • Washdown Compliant (NEMA-4X) • New challenge: sloshing liquid

the vision to innovate, the technology to excel™ the vision to innovate, the technology to excel As customers innovate, successful companies must innovate as well

the vision to innovate, the technology to excel™ the vision to innovate, the technology to excel CU CULT LTIV IVATING ATING MANAGING INNOVATION

the vision to innovate, the technology to excel™ the vision to innovate, the technology to excel Cultivating Innovation Right Approach Right Environment Innovation Right People “Rights” Right Recognition Right Relationships

the vision to innovate, the technology to excel™ the vision to innovate, the technology to excel Cultivating Innovation Right Approach Team Individual • Meet together • Issue a challenge (but know who • Start the flow of ideas can be challenged) • Let everyone contribute • Let them ponder & experiment • Get out of the way • Listen to their suggestions • Usually best for complex, cross • Usually best for solving specific functional, system level problems market needs

the vision to innovate, the technology to excel™ the vision to innovate, the technology to excel Cultivating Innovation Right Approach Structured Free Form • Patterned after ISO process (PMR, • No structure • Has it’s place (solve an immediate Specifications, etc) • Has it’s place (system development) problem) • Leads to evolution rather than • Leads to revolution rather than revolution evolution

the vision to innovate, the technology to excel™ the vision to innovate, the technology to excel Cultivating Innovation Controlled Challenge & freedom encourage No bad ideas Break down Right Environment barriers Let everyone Be flexible contribute Management isn’t Be willing to always right listen

the vision to innovate, the technology to excel™ the vision to innovate, the technology to excel Horrible image! Not enough edges! Not enough contrast! Can’t be done! >95% read rate Reduce the field of view Apply dark field illumination Rotate the image Pre-filter the image Apply contrast enhancements

the vision to innovate, the technology to excel™ the vision to innovate, the technology to excel Cultivating Innovation Right People Orderly and methodical Cluttered and haphazard Successful companies need both!

the vision to innovate, the technology to excel™ the vision to innovate, the technology to excel Cultivating Innovation Software Algorithm Novel Does it represent a new approach that wasn’t obvious? Departmental Process Right Recognition Utility Can the design be leveraged to solve other problems? Impact How important was this problem to Pressco or the customer? System Architecture Standard Can standard equipment be utilized? Problem Difficulty How difficult was the problem to be solved?

the vision to innovate, the technology to excel™ the vision to innovate, the technology to excel Cultivating Innovation Right People Orderly and methodical Cluttered and chaotic Successful companies need both!

the vision to innovate, the technology to excel™ the vision to innovate, the technology to excel Cultivating Innovation Show Be available enthusiasm & interest Invite others to see their progress Right Relationships MBWA Encourage Know your people Follow up and their families regularly

the vision to innovate, the technology to excel™ the vision to innovate, the technology to excel RECOGNIZING GOOD AND BAD INNOVATION

the vision to innovate, the technology to excel™ the vision to innovate, the technology to excel Recent Pressco Innovations INDIVIDUAL TEAM BARRIER  Optimizer™ “Management is always right”  Draw Mark Filter Problem unresolved for 20 years  Series IV-D Plus System architecture won’t support it Reject FIFO  Encoder pulse = part position  BMID (Phase 1) “We know the market”  BMID (Phase 2) Horrible image  CSE Issues Database Do things the way we’ve always done them Pocket Correlator  System architecture limitations  E Series Modules No time to do it right  icon No market need  iCAM Didn’t meet market requirements  FHCP-3X Not enough time

the vision to innovate, the technology to excel™ the vision to innovate, the technology to excel Recognizing Good and Bad Innovation • Know your market(s) – What do they want and need? – Be willing to listen! • Know your product and its applications – Does the innovation fit? – Voice recognition software • Know your limitations (but be careful) – “That image is horrible”

the vision to innovate, the technology to excel™ the vision to innovate, the technology to excel Cultivating Innovation Right Approach Right Environment Innovation Right People “Rights” Right Recognition Right Relationships

the vision to innovate, the technology to excel™ the vision to innovate, the technology to excel

the vision to innovate, the technology to excel™ the vision to innovate, the technology to excel

the vision to innovate, the technology to excel™ the vision to innovate, the technology to excel

the vision to innovate, the technology to excel™ the vision to innovate, the technology to excel THANK YOU