Five Strengths for Successful M&A

Joe Panebianco, Director of Manufacturing...

Five Strengths for Successful M&A

The ICON A5: A Small Airplane with Large Scale Automotive-Level Manufacturing

Veronica Rubio, VP of Manufacturing, ICON Aircraft

The ICON A5: A Small Airplane with Large Scale Automotive-Level Manufacturing

Ford's Aluminum F150 an Internal Perspective

Paul Herbach, Director of Automotive...

Ford's Aluminum F150 an Internal Perspective

Importance of Manufacturing Analytics in the Automotive Industry

Auto Tech Outlook | Thursday, April 08, 2021

Actionable data and analysis offer a unique opportunity for growth for automotive manufacturers.

FREMONT, CA: Automotive manufacturing got its beginning at the turn of the 20th century. Since then, mobility has massively grown, changing as the economy has evolved.  Manufacturers are experiencing Industry 4.0, a time of massive technological evolution. Industry 4.0 presents a new opportunity for automotive manufacturers. Automotive manufacturers are faced with challenges that, while difficult, offer an opportunity to reinvigorate the sector with smart technology, especially with manufacturing analytics. The effect of Industry 4.0, big data, and manufacturing analytics offer the potential for enterprises to scale and grow based on the decisions formed from data pulled off the factory floor. 

Top 10 Automotive Engineering Services Companies - 2021As automotive manufacturers, how can they consistently innovate the product without the smart technology required to offer those innovations? Embracing and deploying big data and manufacturing analytics is the answer. It is very likely manufacturers have an abundance of data due to stringent quality needs mandated by recall legislation, but what if manufacturers could leverage that data for productivity enhancements. The automotive industry is consistently innovating to enhance products – manufacturing analytics can assists manufacturers get to that point. With manufacturing analytics, firms can understand the production data daily, weekly, monthly, yearly, and beyond. The visibility hurdle becomes a thing of the past.

The automotive sector is undergoing a period of mass transformation, and with manufacturing analytics, keeping up with emerging technology becomes possible. There is a lot of scope for manufacturers to benefit from manufacturing analytics. Enterprises can move from whiteboards and communication boards to automated scoreboards that eliminate the need to write down data manually. Shift away from reactive decision-making and use analytics to find the problem and apply a working solution to remediate it. Combine with tools on the floor, like maintenance support, to offer an all-encompassing solution. Drive growth in productivity and revenue with the deployment of analytics. The options and solutions are endless.

Automotive analytics platform offers a solution to the visibility challenges. It is a powerful solution that will grow with the company and allows firms to take a problem on the floor, understand the problem with data and visualizations, and make actionable, data-driven decisions.

See also: Top Big Data Solution Companies

Read Also

follow on linkedin Copyright © 2021 www.autotechoutlook.com All Rights Reserved | Privacy Policy
Top