Use the never-ending data stream of operations. Take a leap forward by using smart technologies to optimise operations and solve issues before they become a problem.
To meet increasing customer expectations, companies are pressured to further improve their operations by reducing lead times and increasing the reliability of production lines.
This is where data science comes in and companies can really leverage their available data.
Operations and forecasting go hand in hand. Thanks to increasingly accurate estimations, stock levels and waste can be reduced. Forecasting models also allow building scenarios to simulate different action plans. Predictive maintenance and anomaly detection are great ways to shift from a reactive to a proactive maintenance mindset. Process mining will expose bottlenecks or inconsistent flows upon action to reduce lead times.
And finally, the increasing availability of real-time sensor data, location data and image data leads to the most modern and inspiring process improvements.