Data-driven decision-making has become over- whelming for many industries. Pressures and responses to such concerns as globalization, performance margins, integrating supply chains and balancing costs with customer service have produced voluminous amounts of data at previously unthinkable levels. Read about a five step process...
Click here to download our article from The November issue of Industrial Engineer This article is provided with permission of the Institute of Industrial Engineers from the November 2015 issue of Industrial Engineer, Copyright©2015 Institute of Industrial Engineers. All rights reserved....
Information overload is more prevalent than ever in today’s manufacturing industry. According to Adrian Ott in her book The 24-Hour Customer, people see more than 34 billion pieces of information (the equivalent of two books) every day. With the wide adoption of mobile devices...
Balanced Scorecards and Spreadsheets: The Right Starting Point? A recent insight by Bain and Company discusses Balanced Scorecards as one kind of management tool. While balanced scorecards have been in use by organizations for years, one trend we see is organizations and executives using balanced scorecards...
A recent FORBES article discusses, and actual has 10 Steps To Conquer Information Overload. FORBES has some great steps. However, we prefer not to “conquer” information overload, but how to use so much information to your advantage. One thing we all need to realize is...
It is always exciting to see an area we are very passionate about gain some steam. Our friends at Transparency Market Research just published a new market study entitled Supply Chain Analytics Market - Global Industry Analysis, Size, Share, Growth, Trends And Forecast 2014 –...
Still our most popular post, we discussed moving from static to real-time Key Performance Indicators and a methodology we use to help achieve real-time KPIs. Executing a static to real-time KPI transformation does not need to be a daunting task, when executed in a methodological...
Transforming a culture can be a daunting task and certainly requires more than can written in 1 blog post. However, there are a few items we notice in working in large-scale transformations over the past 3 years. Communication. Not a new aspect of cultural change, but...
A recent report by LNS Research entitled The New Frontier in Manufacturing Operations and Business Performance provides strong factual evidence of how organizations can truly impact business performance by leveraging analytics. In the past year, the industry has been flooded with buzzwords such as mobility,...
How can organizations have their cake and eat it too? The phrases are very common: Break down the silos Data silos create barriers which impedes decision making Collaborate across all part of a business Here is a fact: not everyone in a company can operate at the...
