The document outlines 10 best practices for using analytics to drive competitive strategy in manufacturing. It recommends defining a clear strategy and key performance drivers. It also suggests implementing an architecture to provide long-term manufacturing intelligence across the organization. This will allow decision-makers to be tied to execution and drive operational gains through shared visibility and collaboration on performance metrics.
Original Description:
10 Best Practices for Using Analytics to Drive Competitive Strategy Final
Original Title
10 Best Practices for Using Analytics to Drive Competitive Strategy Final
The document outlines 10 best practices for using analytics to drive competitive strategy in manufacturing. It recommends defining a clear strategy and key performance drivers. It also suggests implementing an architecture to provide long-term manufacturing intelligence across the organization. This will allow decision-makers to be tied to execution and drive operational gains through shared visibility and collaboration on performance metrics.
The document outlines 10 best practices for using analytics to drive competitive strategy in manufacturing. It recommends defining a clear strategy and key performance drivers. It also suggests implementing an architecture to provide long-term manufacturing intelligence across the organization. This will allow decision-makers to be tied to execution and drive operational gains through shared visibility and collaboration on performance metrics.
Louis Columbus Cincom Systems Manufacturing Performance Requirements Are Accelerating Sources: WSJ, Purchasing.com, AMR Research Manufacturing Performance Requirements Are Accelerating Information Complexity Requires Real-Time Access Source: Gartner Define a Strategy For Gaining Visibility into Manufacturing Performance Define and Act On Key Performance Drivers First
Keep Dashboards Down to Six Key Performance Drivers
Reinforce/Reward Collaboration, Communication with Shared Performance Drivers Globally Business Intelligence and Enterprise Performance Management Plant Operations Customer Relationship Management (CRM) Product Life Cycle Management (PLM) Supply Chain Management (SCM) Enterprise Asset Management (EAM) Functional Plant Applications (for example, MES, CMMS, QMS, EHS, LIMS, etc.) SCADA, Control Systems, Sensors, DCS, and OT Conditions, Locations, Events, State, Constraints, Costs, Exceptions, Actions Enterprise Resource Planning (ERP) Manufacturing Visibility Bring Manufacturing Visibility Into BI and EPM Workflows On a Per Product and Project Basis Source: Gartner Executive Level Line Level data rolls up to summary at Plant Level reporting Plant Level Executive targets feed Plant Productivity targets Plant Level data rolls up to summary at Executive Level reporting Line Level Plant targets feed Line Level targets Tie Decision Makers to Execution To Obtain Maximum Return Source: Based on Inquiry Calls with Gartner Data Historians Manufacturing Data Warehouse (Historian or DB associated with MES, EHS, etc.) REAL-TIME (seconds, minutes) STAGED DATA (shifts, days, weeks, months) TRANSACTIONAL (minutes, hours, shifts) TIME FRAME FOR DECISION SUPPORT Enterprise Data Warehouses (PLM/ERP/SCM/BI) Operational Technologies (OT) Operational Data Stores (MES, CMMS, etc.) DB DB DB C O N T I N U U M
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Operators, Engineers, Technicians Functional/ Task Workers Site Leadership Business Leadership Manufacturing Management Define an Architecture to Support Manufacturing Analytics & Intelligence over the Long-Term 12 Use Manufacturing Intelligence to Drive Operational Gains Key Take-Aways 1. Manufacturing Performance Requirements are Accelerating
2. Information Complexity Requires Real-Time Access
3. Define a Strategy For Gaining Visibility into Manufacturing Performance
4. Define and Act On Key Performance Drivers First
5. Keep Dashboards Down to Six Key Performance Drivers
6. Reinforce/Reward Collaboration, Communication with Shared Performance Drivers Globally
7. Bring Manufacturing Visibility Into BI and EPM Workflows On a Per Product and Project Basis
8. Tie Decision Makers to Execution To Obtain Maximum Return
9. Define an Architecture to Support Manufacturing Analytics & Intelligence over the Long-Term
10. Use Manufacturing Intelligence to Drive Operational Gains
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