Australian firm launches Mayvn AI to boost manufacturing

Australian company OFS has introduced Mayvn AI, a generative artificial intelligence software platform designed to foster communication and productivity between manufacturing executives and operational teams.

Mayvn AI is engineered to provide real-time operational insights and identify production issues, aiding in the creation of business cases for capital investment and assessing return on investment. It has been trialled by major manufacturers, including Tootsie Roll Industries in the United States, which reported a reduction of over 90 per cent in certain data-related procedures.

Eric Bader, Manufacturing Systems Manager at Tootsie Roll Industries, commented, "There are things we 'knew' were an issue, but Mayvn AI validates and quickly gives us data to be able to effectively demonstrate the impact of those issues." He added, "We've seen all levels of our team use Mayvn from our COO to VPs right through to the factory floor. The speed at which it can give us concrete, actionable data and its prompting suggestions to dive deeper into that have been particularly useful. It also supports our wider vision to leverage data mining and analysis to improve our operations."

OFS CEO James Magee highlighted the platform's role in addressing the challenges faced by business leaders who manage vast information streams from multiple functions and face the pressure of making high-stakes decisions. Magee explained the importance of bridging the communication gap between executive leadership and factory operations.

"The reality is that most manufacturing executives don't have adequate visibility over what's happening in their factories. Due to a variety of factors, many don't spend as much time as they'd like visiting them, and when they do they are seldom armed with the necessary information to have meaningful conversations with the people responsible for running them," said Magee. "Now an executive can sit in their car outside a factory and ask Mayvn AI for three things they should talk to the site manager about based on last month's performance."

Mayvn AI's capacity to facilitate deeper engagement with frontline production staff is seen as a significant advantage. Magee provided an example of how this application enables executives to discuss performance issues and potential solutions directly with staff members like Sarah, who might be facing difficulties with equipment such as a flow wrapper.

"We know from experience the more people engage in conversations on operational performance, the more likely it is that engagement will increase, and along with it performance and profit improvement," Magee said. "The impact is exponentially greater when the engagement starts at the very top."

The software supports the Australian Government's Future Made in Australia plan, aiming to enhance the manufacturing sector with modern technologies that drive efficiency and competitiveness on a global scale. Magee remarked on the importance of aligning boardroom strategy with manufacturing floor operations to successfully rejuvenate the industry.

OFS is seeking to extend Mayvn AI's reach by launching it internationally in regions such as the UK, the Asia-Pacific, and a new office in Latin America set to open in Argentina. The global patent for Mayvn AI is pending, focusing on its novel manufacturing-based data models.