Top 10 Transformative Analytics Scenarios in Manufacturing

By the end of 2020, one-third of manufacturing supply chains will use analytics-driven cognitive capabilities, increasing cost efficiency by 10%. Whether used to ensure product and inventory availability, increase equipment efficiency, or perform market analysis, data plays a key role in manufacturing.

By grasping operational insights, manufacturers can effectively:

  • Understand the cost and efficiency of every component in the product lifecycle

  • Develop systems that consistently gauge the need for repairs and provide early alerts

  • Gain real-time insight into how manufacturing lines are operating, on a micro and macro scale

  • Use predictive insights for smarter forecasting

  • Optimize the warehouse with insights into efficient product flow and replenishment procedures

This ebook describes how you can gain greater visibility and harness the benefits of the smart factory.