Graco Launches Pulse® Asset; Designed to Simplify Fluid Management in Manufacturing
Graco (NYSE: GGG) has launched Pulse® Asset, a new extension of its Pulse Pro Fluid Management system designed for manufacturing facilities. This platform-based system uses programmable ID tags to track fluid dispenses by recording details such as which machines are filled, fluid quantity, operator identity, and dispensing time. Pulse Asset can store up to 40 dispenses offline and syncs with Pulse HUB for data access via local networks, eliminating manual record-keeping. The system aims to enhance efficiency, reduce human error, and improve accountability in fluid management.
- Introduction of Pulse® Asset as an extension of the proven Pulse Pro Fluid Management system.
- System enhances fluid management by tracking detailed dispense data (machines, amounts, operators, times).
- Ability to store up to 40 dispenses offline, resolving issues with Wi-Fi signal interruptions in manufacturing.
- Data synchronization with Pulse HUB allows easy access on any device connected to the local area network.
- Reduces human error by ensuring only the correct fluids are used, enhancing operational efficiency.
- Facilitates better reporting and transparency by eliminating the need for manual records.
- The press release does not mention the cost of implementing Pulse® Asset, which could be a consideration for some manufacturers.
- Potential unknowns around the ease of integration with existing systems in manufacturing facilities.
- No specific data is provided on ROI or cost savings to justify the investment for potential users.
- Dependence on local area networks means there is a potential risk if network issues arise during data sync.
Insights
Graco's new Pulse® Asset system introduces a important advancement for fluid management in manufacturing settings, addressing key challenges faced by operators. The integration of programmable ID tags and offline capabilities is significant for environments where consistent wireless signals are unreliable. This system can store up to 40 dispenses without Wi-Fi and later sync with the Pulse HUB. Such features not only enhance efficiency but also reduce the likelihood of human error by disallowing incorrect fluid dispenses. This is particularly beneficial in maintaining precise operational standards and compliance. By automating fluid tracking and reporting, this technology aids in streamlining workflows and minimizing downtime, translating to potential cost savings and improved productivity. Overall, the technological advancements here are likely to resonate well with manufacturing facilities aiming to modernize their operations.
The introduction of Pulse® Asset by Graco potentially places the company in a stronger position within the fluid handling equipment market. By addressing critical challenges such as offline fluid tracking and reducing manual record-keeping, Graco is providing a solution that enhances operational transparency and accountability. These improvements can lead to greater customer loyalty and attract new clients who are managing complex manufacturing processes. Moreover, the ability to track and manage fluid dispenses accurately can be a differentiating factor in competitive bids for large-scale manufacturing contracts. In the long term, this could contribute to a more stable revenue stream and possibly higher market share for Graco.
From a financial perspective, Graco's enhancement of the Pulse® Asset system could result in a positive impact on the company's bottom line. Streamlining fluid management processes and reducing human error can lead to cost efficiencies for their clients, making the system a valuable investment. This, in turn, can drive increased sales and potentially improve Graco's revenue growth. Additionally, by addressing a specific need within the manufacturing sector, Graco is likely to see strong demand for this product, leading to higher market penetration. Investors should watch for any uptick in earnings reports or forward guidance that reflect the adoption of this new system. Over time, such innovations could translate into improved shareholder value.
Track, manage and dispense the correct fluids every time
An extension of Graco’s proven Pulse Pro Fluid Management system, Pulse Asset is a platform-based system that features programmable ID tags to track what machines are getting filled, how much fluid is used, who did the dispense and when the dispense occurred. This system is designed for applications like manufacturing facilities where wireless signals may not always be available. (Photo: Business Wire)
“Pulse Asset is a powerful, new variant of a field-proven system for metering and tracking fluid dispenses,” said Jack Koenig, global product marketing manager for Graco’s Lubrication Equipment Division. “Manufacturing facilities are continually challenged with tracking fluid use and interruptions to their Wi-Fi signal, so having a fluid management system capable of recording dispenses offline will help engineers and managers confidently manage fluids in their operations.”
Pulse Asset dispenses are stored in the meter until synced with the Pulse HUB, allowing users to complete up to 40 dispenses without Wi-Fi connection. Once uploaded, the data is accessible on any device connected to the local area network – eliminating the need for manual records. Easy access to data helps operators identify fluid issues and simplifies department reporting.
Additional challenges that manufacturing facilities may face are ensuring the correct fluid is used in each asset and allocating fluid use to individual departments. Pulse Asset reduces the likelihood of human error by disallowing the dispensing of fluids that do not match the programmed tags.
For more information about Pulse Asset and how it can increase efficiencies and provide greater transparency and accountability for industrial applications, visit graco.com/pulse-asset.
ABOUT GRACO
Graco Inc. supplies technology and expertise for the management of fluids and coatings in both industrial and commercial applications. It designs, manufactures and markets systems and equipment to move, measure, control, dispense, and spray fluid and powder materials. A recognized leader in its specialties,
View source version on businesswire.com: https://www.businesswire.com/news/home/20240530311027/en/
Brandon Flaata
612-656-7491
brflaata@graco.com
Source: Graco, Inc.
FAQ
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