Revolutionize Manufacturing With Analytics?

June 10, 2019 |
The process of collecting data and creating the right KPI's from it. Our Frequently Asked Questions page will answer all of your questions.

There has been a drastic move towards the use of data analytics and BI software. Many companies that show some interest have not made this transition yet. Businesses are looking to improve efficiency with the help of analytics and constantly progressing technology. However, according to an IDC report, only 17% of businesses in the nation have a strategy for data collection, access, integration, and management. The transition for the client has become simple. Thanks to the help of advancing technology, the ability to revolutionize manufacturing with analytics, has become easier.

Track The Right KPI’s (Key Performance Indicators)

In the end, the analytics your software displays are only as good as the data you put in. Having a method for collecting data is hard for older companies. Manufacturing is no exception and has, perhaps, more trouble. Furthermore, fast-growing manufacturing firms that are still using paper documents can see up to five times more efficiency. This efficiency includes improved processes, increased throughput, and profit.

Tracking Bounces vs Sessions, and other important KPI's

Customization Is Key

Customization your manufacturing business is key for creating an efficient process. It is not about fancy software. At BluWave, we are partnered with experienced consultants who evaluate areas that need improvement. After assessing the company’s operations, a list of KPI’s (Key Performance Indicators) is formulated to address those areas. Then, new processes are put in place to cut costs and increase productivity.

Ensuring Quality

KPI’s are used to monitor the performance of operations to ensure the quality of new systems. No business is the same that’s why customization is so important. Customized dashboards help companies visualize data in a simple and holistic way.

Big Picture Analytics

Without seeing the big picture it’s easy to over adjust or under adjust to address problems, which cause inefficiencies in operations. Manufacturing firms can benefit from the use of analytics and BI software, but, only a few can customize a system that works with each business in its own unique way like us at BluWave. How will you revolutionize manufacturing with analytics?

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