NOVEMBER 20216 MANUFACTURING TECHNOLOGY INSIGHTSWhen Covid-19 reared its ugly head in the spring of 2020, manufacturing lines across industries and around the globe unexpectedly came to a screeching halt, many of them more than once after false restarts. Such drastic stops in production were inevitably followed by large workforce reductions. According to the U.S. Bureau of Labor Statistics, between January 2020 and January 2021, Manufacturing saw a net loss of roughly 575,000 jobs. But simply getting production lines back up and running would not mean the end of manufacturers' challenges.Now more than ever, insight into your operations is crucial. By leveraging data through tools such as Blue Margin's Manufacturing HQ Dashboards, managers can detect equipment and labour inefficiencies sooner and respond to anomalies faster. Such responsiveness might mean the difference between keeping your production lines running and facing another shutdown.Industry 4.0 is the term used to define the fourth wave of the Industrial Revolution, denoted by the concept of Automation. Even before Covid-19, manufacturing teams were finding new ways to apply automation technologies including machine learning, robotics, sensors, and artificial intelligence, all with the goal of improving efficiency and quality. This revolution, which was slowly adopted across manufacturing prior to the pandemic, has now been fast-tracked out of necessity. Automation has become imperative for those who want to remain in business. The foundation of such automation is of course, data. Understanding your operational data and data roadmap is crucial to leveraging today's automation technology and making your operations as efficient and agile as possible.It is important for companies that they leverage all sources of customer data and integrate them with operational data to create a complete picture. If their organization has a Customer Relationship Management (CRM) system in place such as Salesforce.com, consider integrating it with their Enterprise Resource Planning (ERP) platform and with your Power BI dashboards. Evaluate your manufacturing data along with key customer indices such as Customer Satisfaction (CSat) and Net Promoter Score (NPS), which will provide you with actionable cross-functional insight about customer's entire experience.Let us know your thoughts.The Importance of Attaining Optimum Manufacturing IntelligenceEditorialCopyright © 2021 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.Email:sales@manufacturingtechnologyinsights.comeditor@manufacturingtechnologyinsights.commarketing@manufacturingtechnologyinsights.com November - 15 - 2021, Vol 07 - Issue 20 (ISSN 2644-2493) Published by ValleyMedia, Inc. To subscribe to Manufacturing Technology InsightsVisit www.manufacturingtechnologyinsights.com Editor-in-ChiefLaura DavisEditorial StaffSalesVisualizerChris LynnAnnie Mathewsannie@manufacturingtechnologyinsights.comAva Gracia Peter ThomasRose DcruzAaron PaulTECHNOLOGY INSIGHTSTECHNOLOGY INSIGHTSLaura DavisEditor-in-ChiefManufacturing Technology InsightsWrite to useditor@manufacturingtechnologyinsights.com*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staff
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