San Francisco, CA – March 1, 2024 – Praxie, a leading innovator in AI-powered business process software, today announced a groundbreaking lean manufacturing solution designed to revolutionize the manufacturing industry. Praxie’s platform leverages the transformative power of artificial intelligence (AI) to digitize and streamline many manual processes, propelling manufacturers towards unprecedented levels of efficiency, agility, and data integration with visibility.
Recognizing the limitations of traditional methods like physical huddle boards and Excel files, Praxie equips manufacturers with a comprehensive suite of tools to embrace and optimize lean principles while integrating data from across the manufacturing plant. This empowers manufacturers to:
• Elevate SQDC (Safety, Quality, Delivery, Cost): Praxie's platform facilitates real-time data collection and analysis, enabling proactive identification and resolution of quality issues, improved safety protocols, and optimized production processes for enhanced cost-effectiveness. All SQDC processes and data can now be instantly accessed, from the shop floor to the top floor.
• Embrace 5S (Sort, Straighten, Shine, Standardize, Sustain): Praxie digitalizes visual management tools, fostering a culture of continuous improvement by providing real-time data and clear processes with AI support to promote organization, cleanliness, and standardized practices across the shop floor.
• Supercharge Gemba Walks: Empower managers with mobile access to critical data and insights, enabling them to conduct more frequent and insightful Gemba walks, directly observing operations and identifying opportunities for improvement. Walk data is instantly summarized and turn into A3 action plans.
• Simplify Kata (Patterned Practice): Praxie streamlines the implementation and tracking of Kata cycles, allowing teams to practice, experiment, and refine their processes in a structured and data-driven environment, accelerating learning and improvement.
• Empower Kaizen (Continuous Improvement): Praxie facilitates the continuous improvement process by providing best practice Kaizen innovation tools for AI-powered ideation and idea prioritization and execution, enabling teams to identify and address inefficiencies, experiment with solutions, and track progress towards improvement goals.
"The manufacturing landscape is rapidly evolving, and traditional approaches are falling short," states Michael Lynch, CEO of Praxie. "Our lean manufacturing solution empowers manufacturers to harness the potential of Industry 4.0, enabling them to streamline workflows, eliminate waste, and make data-driven decisions with unparalleled speed and accuracy."
Praxie's AI-powered solution unlocks a multitude of benefits for manufacturers including increased efficiency, enhanced quality, improved agility, and empowered workforce and cost management, and topline growth. Praxie’s partnerships with Google, SAP, and others provide an unparalled ability to leverage data and work processes across the plant and overall enterprise. "We are witnessing a new era in manufacturing, powered by the transformative potential of AI and lean principles," concludes Lynch. "Praxie is proud to be at the forefront of this revolution. By equipping manufacturers with intelligent tools and solutions, we are partnering with them to shape a more efficient, innovative, and sustainable future for their industry."