How the Internet of Things Can Help You Lower Inventory Levels

McKinsey Global Institute predicts the Industrial Internet of Things (IIoT) will have an economic impact of up to $11 billion by 2025. As much as $3.7 billion of that is expected to come from manufacturing improvements in things like operations management and predictive maintenance. The word seems to have gotten out. In a 2016 study conducted by Morgan Stanley and Automation World, 70% of respondents said it was important for

A New Way of Looking at Manufacturing Metrics

Most experts agree. The metrics you use to manage your manufacturing operations need to matter, and they need to be actionable. We concur. For a detailed review of the operational metrics we recommend in a demand-driven manufacturing environment, refer to our Metrics for Action Guide. Conventional wisdom also says to keep the number of metrics you measure to a minimum. This advice is based on well-established research that shows that

Using Big Data to Tell Your Story

Three ways narrative can connect the dots between big data and your brand In a recent Forbes article, the writer describes Big Data as “a collection of data from traditional and digital sources inside and outside your company that represents a source for ongoing discovery and analysis.” I love this definition because it describes a process of discovery that—once linked with your brand message – allows you to uncover additional

Three Ways Your Data Empowers Customer Confidence

The Internet of Things helps differentiate your company by providing more information and insight so you can be more agile in responding to customer needs. I’ve spent my career in marketing explaining to people how having the right software will make them the right company for their customers. Can it really be that simple? I think it is. When the Gartner Group first put voice to the concept of an