Selling only the most profitable customized or build-to-order configurations of products that impact production the least .
Breaking quality management and compliance systems out of their silos and making them a corporate priority
BIG DATA IS REVOLUTIONISING MANUFACTURING
Selling only the most profitable customized or build-to-order configurations of products that impact production the least .
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Breaking quality management and compliance systems out of their silos and making them a corporate priority
It ’ s time for manufacturers to take a more strategic view of quality and quit being satisfied with standalone , siloed quality management and compliance systems . The McKinsey article and articles listed at the end of this article provide many examples of how big data and analytics are providing insights into which parameters matter most to quality management and compliance . The majority of these parameters are corporate-wide , not just limited to quality management or compliance departments alone .
For many complex manufacturers , customized or build-to-order products deliver higher-thanaverage gross margins yet also costs exponentially more if production processes aren ’ t well planned . Using advanced analytics , manufacturers are discovering which of the myriad of build-to-order configurations they can sell with the most minimal impact to existing production schedules to the machine scheduling , staffing and shop floor level .
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