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It’s time for manufacturers to quit using analytics like a rearview mirror and more like a compass that points them in a more profitable direction. Analytics and business intelligence (BI) are the catalysts that give manufacturers the ability to break down the silos that separate departments, divisions and processes, and galvanize their business around customers.
Bottom line: Security, suppliers’ ability to scale production quickly, and an intense focus on the cost of quality will dominate aerospace and defense in 2014. Deloitte is forecasting the global aerospace and defense industry will experience 5% growth in 2014, with the majority of growth being driven by projected record-setting replacement cycles of obsolescent commercial aircraft.
Synchronizing new product development, supply chain, production and Maintenance, Repair & Overhaul (MRO) strategies across Aerospace and Defense (A&D) manufacturers while reducing costs continues to make cloud platforms a viable option in A&D.
Business analytics is often the next evolutionary step after business intelligence (BI), which is all about convenient access to enterprise information in a form that is useful to executives and managers. As I had discussed in a previous blog post, the goal of a useful BI system is to help an organization collect, maintain, and organize business data to develop strategy and build a competitive advantage.
Automotive manufacturers don’t succeed by standing in place. In an industry focused on motion, today’s suppliers need to apply the same speed and agility to their manufacturing operations that they expect from the products they build.
Many people assume that high performance real-time manufacturing processes require an on-premise solution and are not a natural fit for the cloud. In a manufacturing firm, everything starts from the plant floor – so the core Manufacturing Execution System, well integrated into the rest of the enterprise solution(s), is critical.
Manufacturing has changed forever. Manufacturing businesses face intense competitive pressures. Dynamic supply chains and hyper-accelerated production cycles are just a few of the factors that require them to minimize costs, improve productivity and speed time-to-market.
“The customer is king.” “The customer is No. 1.” Most organizations brag about their commitment to the customer — to the point where I suspect many people have become skeptical of these kinds of statements. This is especially true in business technology, where customers historically have found it hard to get the great service they were initially promised.
Critics who question the growth of the cloud delivery model will likely be stopped in their tracks when they hear about one of our recent manufacturing milestones. Manufacturers who use Kors Engineering’s MACH2 product to automate cloud transactions with plant floor machines through programmable logic controllers (PLCs) have now cumulatively managed more than 350 million plant floor transactions with this tool.
This week, I have the privilege of welcoming several hundred Plex customers to PowerPlex, our company’s 12th annual user conference in Columbus, Ohio. We’re engaging in many of the typical user conference activities – introducing new features, training on existing product functions and networking. But the spirit in the air is far from typical for a user conference.