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The Power of Manufacturing analytics

White Paper

In this analytics white paper, we will review what Manufacturing Analytics is, how it’s different than existing manufacturing software and how your company can use it to create a competitive advantage and dominate the market.

In this white paper, you will learn:

  • Why “Data is King”
  • What is Manufacturing Analytics
  • From Others Who Are Using Analytics to Improve OEE

Data is King

Manufacturing is changing. US manufacturing jobs are being lost due to technology and automation. This trend is expected to continue because of the age of most manufacturing equipment in the US.

Manufacturers will be changing out almost all of their equipment over the next 7 to 10 years. When this happens, more automation and artificial intelligence will be in place and more data will be generated.

manufacturing dashboard

What is Manufacturing Analytics?

There are a lot of manufacturing software systems on the market today and it can be confusing when selecting the right tool to solve a specific problem. The problem with the standard, and most standards, is that most companies don’t fit the standard. The unique aspects of each company cause this model to collapse and requires software to cross these boundaries.

This white paper outlines how manufacturing analytics are different than ERP, SCADA, MES, BI, or other technology systems.

We also highlight how it should co-exist and improve the way these other technologies operate by providing data insights that drive business value.

See Use Cases & Examples

Manufacturing Analytics helps to solve three main issues:

  • Identify causes of issues
  • Unlock hidden capacity
  • Monitoring that the first 2 actually worked and make sure those changes stick

This white paper reviews actual scenarios where a manufacturing analytics solution can help a manufacturing company.

Manufacturing Analytics White Paper_Scrap by Shift

What's the Value?

Manufacturing is changing. Gone are the days of simply making physical products. Changes in consumer demand, supply chain, and technology are forcing manufacturers to evolve and adapt. These trends are expected to continue. As companies embrace the future of manufacturing, more automation will be in place and more data will be generated.

The most successful manufacturers are the ones that will collect, understand, and leverage their data to make smart decisions to give them a competitive edge. With the inclusion of greater demand on the supply chain and increased automation, companies will need to determine how the lines and equipment are running, in real-time to improve performance and create efficiencies.

This is where manufacturing analytics is critical for modern manufacturers. In this paper, we will review what manufacturing analytics is, how it’s different than existing manufacturing software, and how your company can use it to create a competitive advantage and dominate the market.

Matt Hill

Mingo helped us realize that our small micro stoppage problem was actually a bigger problem than we anticipated. What we used before was essentially an Excel sheet. You might miss a problem, and what you absolutely missed was all of the micro stoppages.

Matt Hill

H&T Waterbury