TECHNOLOGY
in a number of ways ; improving overall equipment efficiency , improving shop floor efficiency , optimising production planning , improving safety , improving productivity , improving quality , and mitigating risks .
“ Two key areas where predictive analytics can help manufacturers improve their operations are reducing risks in the supply chain and driving sustainability ,” says Zimmermann . “ Supply chains naturally generate huge amounts of data , which is key to building the data sets needed for predictive analytics . With so many elements and variables , risks in the supply chain are inevitable . With predictive analytics it is possible to identify these before they have
an impact , and even test what the results of a decision would be before it is made . This can improve safety measures for staff , and empower manufacturers to make rapid changes to business operations in the face of disruption without fear of hidden risks and negative outcomes .
“ Increasingly , sustainability in manufacturing is critical . This is driven not
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