Executive Summary Manufacturing Performance OEE Benchmark Study For Fast Moving Consumer Goods Manufacturing organizations undertake a variety of performance improvement initiatives such as Lean Manufacturing, Six-Sigma, TPM and TQM. Organizations leverage KPIs, including Overall Equipment Effectiveness (OEE) to manage and measure such initiatives. Read our OEE benchmark report for...
High volume, food manufacturing lines thrive on standardization to pull through operational efficiencies, be it control architectures, processing systems or supply chains. Managing multiple plant standardization within an enterprise has been a great challenge for the last twenty years in the food and beverage...
Static to Real-Time KPIs Developing a strategy to migrate from static to real-time KPIs is a journey. We have developed a 5 step process to help companies with this endeavor. Identify your KPIs Take an inventory of KPIs across the business and catalog them. The suggestion is to...
Last year IBM came out with the statistic we create 2.5 quintillion bytes of data daily. In the next few years this number will increase exponentially as companies continue to invest in the "Industrial Internet of Things" (IIoT). Such numbers demonstrate an incredible magnitude of information which can be...
The old business adage “you can’t manage what you don’t measure” has been echoed throughout the halls of organizations for years. Many business metrics programs use this adage as a rallying cry. Once an organization determines what to measure, the next step is how to...
Analytics and big data continue to be the rave to improve supply chain performance, though “if you don’t make proper use of data, it’s all but useless” as stated in a related May 2016 Tech.Co post. With supply chain data available from so many new...
Food Engineering Benchmark Study: March Issue Breakthrough Manufacturing Benchmarking in the Era of Big Data Operational performance benchmarks take numerous flavors. Some studies build a set of relevant questions and have respondents answer based on how they think their plant is performing. These can be valuable since...
During Stanford University’s June 2005 commencement speech, Steve Jobs shared “You can’t connect the dots looking forward; you can only connect them looking backwards.” Though Jobs went on to speak about character providing inspiration to the graduates, this quote can also relate to how we...
Several years ago a study by The Advanced Performance Institute entitled 20 Years of Measuring and Managing Business Performance revealed the fact that less than 20% of companies state everyone obtains regular insights (usually using Key Performance Indicators, or KPIs) which improve day-to-day decision making...
Jack Welch envisioned the “boundaryless organization” over 25 years ago, so he initiated Work-Out processes as discussed in this recent 2015 HBR study. With how far technology has advanced since then – why do we still manage by silos? Our supply chain teams are so...
