Tag Archives: Data Analytics

 

Manufacturing can be a competitive industry. You not only need to produce innovative products that capture the market. It’s also essential to run efficient operations to keep your margins healthy. One of the elements that helps you achieve both of these is a high-quality workforce.

When your employees have the resources and skills to maintain high performance levels, you have a powerful tool to meet your company’s goals. Indeed, with continual development and nurturing, the group of professionals you cultivate can contribute to your successful growth. It’s well worth looking closer at some strategies that help you hone your workers into cohesive and productive teams.

Prioritize Communication

Any manufacturing enterprise features a range of professionals. One of the elements that helps this disparate workforce to function as a unit is solid communication. If there are hurdles to interactions, your workers are likely to be less efficient and less able to overcome challenges. Therefore, focusing on designing and implementing communication protocols is a key to better-performing teams.

The most straightforward protocols you can adopt are those that make communication easy and convenient for all staff members. This begins with establishing channels that offer multiple methods on a single platform. For instance, tools like Slack and Microsoft Teams enable staff members to direct message (DM) each other, have audio calls, and hold video conferencing all on an app they can store on their phones or computers. As a result, they can keep in regular contact with all colleagues present on the platform.

Another good step is creating an accessible organizational chart. This outlines the personnel in each department, their place in the hierarchy, the skills they have, and the best ways to connect with them. Having images of each also supports recognition when moving throughout the production floor and break spaces. Placing these org charts in each department and storing them on cloud platforms empowers workers to know who to contact whenever they need help or have questions.

You must also make it easy for workers to communicate their opinions to company leaders. Employee feedback can enhance performance by highlighting areas for practical improvement. When workers see their insights are appreciated and actioned, there can also be greater engagement and trust, which feeds into positive outcomes. Manufacturing managers need to actively reach out to staff of all levels to gain feedback, both in conversations and using surveys. Your company can also make open feedback channels available on the intranet or aforementioned communication apps.

Optimize Operations

It’s difficult to cultivate high-performing manufacturing teams if there are elements of their working processes that present hurdles. Investing in methods to optimize different aspects of your operations is essential. These enable you to develop an environment that empowers your workforce to function at its peak.

Technology plays an important role here in various ways. Some of the tools that enhance optimization include:

Data analytics

Having a thorough understanding of how efficiently each element of your business is running is central to making informed operational adjustments. There are cloud data analytics platforms on the market that track the metrics of all aspects of your manufacturing operations, from staff behavior to the waste your production processes generate. You can further optimize this by placing devices in the Internet of Things (IoT) throughout your facility, so that embedded sensors can collect accurate data to share with your analytics tools.

Automation

The manufacturing industry has long embraced automation. However, it’s important not to simply limit it to dangerous or precision production processes. You can also consider automating certain administrative and management tasks. Many repetitive parts of jobs, like data entry, invoicing, and inventory management can be performed by artificial intelligence (AI) driven software. This optimizes your human staff’s available time, enabling them to concentrate on more complex parts of the business.

Remember, too, that investing in your staff’s development is also a vital optimization practice. Training levels up your workers’ skill sets, allowing them to operate more efficiently and innovatively. Your investment also makes workers feel valued, which may boost their connections with your business, which can drive their productivity.

Encourage Collaboration

While each employee is an individual professional, developing cohesive teams is key to high performance in manufacturing. When you establish protocols and tools that encourage positive collaborations, there’s the chance to generate results from the collective that you wouldn’t get from individuals alone.

For instance, during the ideation phase of projects, using mood boards can offer opportunities for teams to work together on a shared creative document. These materials involve the team contributing images, colors, and even text to evoke the emotions around the project and spark concepts that lead to the final product. When you make digital mood boards stored on a cloud platform, you can empower different members of the team to provide contributions, no matter what department they work in or even if they’re operating remotely. It helps everyone to feel a meaningful part of the business and maintains team cohesion.

Wherever possible, arrange for members of each team to engage in collaborations with diverse populations of professionals. Cross-departmental projects and even fun team-building activities give your staff chances to work with people outside of their usual circle. This exposure to different perspectives and experiences with people of different abilities, seniority, and cultures can be a vital source of development that boosts future collaborations and innovations.

Conclusion

Building high-performing manufacturing teams influences your success. Your efforts should include a range of measures, from protocols that bolster communication to adopting tools that optimize working practices, among others. Don’t forget to seek your workers’ feedback on this matter, too. They are likely to have keen insights into what hurdles to performance are in their jobs and how to overcome them.

*This article is written by Ainsley Lawrence. View more of Ainsley’s articles here.

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Since the industrial revolution, every technological advancement has been viewed through the lens of its effect on jobs. Will I be obsolete? Can a machine do my job better than I can? Are the bots coming for me? If my skills are rendered obsolete, what will I do?

The plain truth is, sometimes machines can do the job better, faster or more efficiently than a human can. Think of the advent of the sewing machine. Even your grandmother’s old Singer model is a whole lot faster, more precise and efficient than she is working with a needle and thread. The art and craft of sewing isn’t lost or obsolete, but for sheer volume and exact replication, you can’t beat the machines.

What’s happening now with artificial intelligence (AI) in manufacturing is a little bit like that. People on all levels of the manufacturing chain want to know if AI is taking over.

The answer is no. Don’t think of it as a takeover. Think of it as more of a transformation. It’s already happening, and it’s not all bad.

AI’s current impact on manufacturing

Artificial intelligence is seeping into the manufacturing workplace in a couple of important ways.

Automation: Much like the sewing machine and indeed all of the industrial revolution, AI has the power to automate repetitive tasks previously done by humans. Operating machinery, tasks on the assembly line, even inspecting products for defects – all of these things are increasingly being automated.

Efficiency: AI can help us optimize processes and procedures, leading to greater efficiency on the line and as a whole.

New job creation. Yes, you read that right. Whereas AI may reduce the amount of jobs focused on repetitive tasks, it is also creating jobs that we haven’t seen before in the manufacturing realm, including specialized programmers, engineers, and technicians. It means companies will need people with different skill sets, and the savvy employers will dig in and train the people they already have to take on these new roles.

Predictive analytics

At USC Consulting Group, we’ve already been using AI with some of our manufacturing clients, specifically in the area of predictive analytics. We spell it all out in our eBook, “AI and Machine Learning: Predicting the Future Through Data Analytics,” but here is the gist of it in a nutshell.

By now, we all know what AI is — computer systems that perform intelligent tasks, like reasoning, learning, problem solving, decision making, and natural language processing, among others.

Machine learning is a subset of AI. It is, technically, a set of algorithms that can learn from data. Instead of having to be programmed, the computer learns on its own based on data.

Predictive analytics is one output of machine learning. It is the ability to forecast future outcomes based on data. It’s like having a crystal ball that’s informed by vast amounts of complex algorithms and data.

You’re already familiar with predictive analytics but may not know it. You know how Amazon suggests an item for you to buy based on past purchases, or Netflix queues up new shows based on what you’ve already watched? That’s predictive analytics in action.

Much like Netflix’s use of predictive analytics created a seismic shift in consumer expectations, this technology also has the potential to transform operating procedures and processes for many industries.

The benefits of using AI in predictive analytics are many, including:

Bottom line: AI needs us

AI is a powerful tool we’ve used at USCCG to help our clients achieve greater efficiency, productivity, and profits.

But here’s the thing about that. It’s a tool. And it’s only as good as the data we supply. Any variation, and there can be skewed results.

As we all know, life is not a data set. Variation is happening all around us, all the time, even in projects where we need great precision.

That’s why the bots are never going to replace humans. They need us as much as we need them. At USCCG, we have more than 50 years of experience making process improvements, finding hidden opportunities for efficiency, creating leaner systems and helping companies thrive. For the next 50, AI will be one tool we use to help achieve that.

Read more about this innovative technology, including a specific case study about how AI works in practice, in our eBook, “AI and Machine Learning: Predicting the Future Through Data Analytics.”

AI and Machine Learning - Predicting the Future Through Data Analytics eBook

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Technology is crucial in most industries to advance safety and efficiency. The automotive sector is an excellent example of how advanced technology transforms products and, thus, the world. Big data and analytics have become an integral part of it all. So, how exactly has the automotive industry taken advantage of analytics, especially with maintenance and predictive diagnostics? How can using it benefit manufacturers? Let’s find out…

How Did Big Data Analytics Emerge in the Automotive Industry?

Big data is a relatively new concept, but its modern adaptations originated in the 1960s. For example, in 1964, IBM introduced the System/360, offering processors 100 times more potent than their predecessors. This technology is primitive in retrospect, but it was an essential first step for data processing. In the 1970s and 1980s, tech companies improved this technology to include the automotive industry.

By the 1990s, automotive technology producers began using big data analytics for vehicles. For example, global positioning systems (GPS) became more prominent this decade. These devices allowed consumers to use navigation technology well-known in the U.S. military. Many luxury cars came with this feature installed to entice consumers.

While GPS devices are still prominent, big data has improved cars enough to where they can be self-reliant. Soon, automakers will remove GPS devices once autonomous vehicles become widespread. These vehicles know where they’re going and do not need a GPS for navigation.

What Role Does Big Data Analytics Play in Automotive Maintenance and Predictive Diagnostics?

The last two decades have seen incredible growth for big data and its role in the automotive industry. Automotive professionals have used advanced technology for maintenance and predictive diagnostics. Using data helps technicians know precisely what the problem is and the necessary methods for mitigation.

Automakers primarily take advantage of big data analytics through embedded sensors in their vehicles. These devices allow the manufacturers to track cars anywhere in the world and detect where the problems lie. With this information, the automaker can notify the consumer of issues, find trends and develop solutions for widespread problems. Then, they know what issues to correct for future models of the same vehicle.

What software and technologies do automotive professionals use? These examples demonstrate how industry experts use big data for predictive maintenance and predictive diagnostics.

Machine Learning

Machine learning (ML) has become a critical part of the automotive industry because it solves complex problems and creates algorithms. For auto manufacturers, ML has helped technicians predict equipment failures.

For example, automakers use ML to analyze historical data from their vehicles. Their computers use sensor data to detect trends and see what abnormalities led to the issues. Therefore, manufacturers can catch what problems may arise when they see a particular pattern occurring in a vehicle.

Another use for ML is creating maintenance schedules for vehicles. Historical data indicate when owners of a particular model should bring their cars for routine maintenance. The algorithm is intelligent enough to combine the data with driver performance to alert when service is necessary for the vehicle.

Telematics

Telematics is one of the earliest examples of big data in the automotive industry, and it’s become vital for car owners and fleet managers worldwide. Research shows about 80% of Class 8 trucks in North America use telematics for safety and efficiency.

Telematics is essential for maintenance because it monitors vehicle health. These devices often detect problems earlier than the operator can, allowing companies to act swiftly on their machines. Early detection and mitigation save money and improve safety by not putting drivers in harmful situations.

What Are the Benefits of Big Data in Automobiles?

Big data analytics is a win-win for manufacturers and consumers. All parties can have peace of mind knowing their machines are safe and efficient. The following three benefits demonstrate how automotive professionals benefit from big data.

Improving Safety

Cars are essential for daily travel, but they can be dangerous. The National Highway Traffic and Safety Administration (NHTSA) says nearly 43,000 people died in motor vehicle traffic crashes in 2022. Reasons for accidents vary, but they can originate from fixable mechanical failures.

Big data analytics decreases the likelihood of these failures by scheduling preventive maintenance and alerting when serious problems arise. Users can know if their brakes, steering wheel or battery needs attention before a catastrophe happens.

Decreasing Downtime

Big data analytics has become invaluable for fleet managers worldwide. The average fleet manager may have 10, 100 or 1,000 vehicles under their wing, making it difficult to track all of them simultaneously. However, advanced data allows them to monitor all the cars and detect trends.

Warning systems send information to the fleet manager, allowing them to act immediately. The modern supply chain demands maximum productivity from fleets, so taking advantage of big data analytics is essential.

Supporting Sustainability

Sustainability has become a significant focus for auto manufacturers. The push for more renewable energy and less waste has led to innovation across the industry. How are they achieving sustainability standards? Big data analytics is helping automakers care for the environment.

Using big data analytics extends the life of cars and reduces the need for customers to consume resources by purchasing cars. Instead, they can keep the same vehicle longer and spend less time at the mechanic.

When cars reach their end of life, many head to the scrapyard. While recycling has improved, parts and pieces still go to waste. For example, the European Union scrapped 5.4 million passenger cars in 2020. Installing telematics devices and using big data would extend their time on the road and reduce waste.

Big Data Analytics in the Automotive Industry

Automotive technology has come a long way and only improves yearly. Modern software allows auto manufacturers to utilize big data analytics with maintenance and predictive diagnostics. With this technology, manufacturers lower the cost for themselves and consumers and make their processes more efficient.

*This article is written by Jack Shaw. Jack is a seasoned automotive industry writer with over six years of experience. As the senior writer for Modded, he combines his passion for vehicles, manufacturing and technology with his expertise to deliver engaging content that resonates with enthusiasts worldwide.

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With all the recent media attention about ChatGPT and other AI tools taking over our jobs (and our world), it’s easy to forget that technology — even AI — is a tool we can use to make our lives easier and our businesses more efficient.

At USCCG, we’ve been using software to help our clients harness and wrangle their data and transform it into usable insights in real time, and support their operational goals and aspirations.

The various software modules that make up our proprietary LINCS system, along with Microsoft’s Power BI, were designed to do just that. Here’s a look at the software we use to help you harness your data.

Lean Information Control System LINCS software

LINCS

A cornerstone of the work we do at USC Consulting Group, the Lean Information Control System (LINCS) gives supervisors, managers and execs the operating information they need, when and where they need it. LINCS offers state-of-the-art tools and software applications that facilitate fact-based decision making in real time from the shop floor to the boardroom.

LINCS includes modules for advanced planning, manufacturing and logistics, value-stream mapping, time-phased production scheduling, inventory analysis and more. These modules can be used in combination or alone, based on the needs of your business. That’s because of another of our cornerstones: no cookie-cutter solutions. You can pick and choose which modules and features are most useful for your particular needs.

LINCS is designed to be a sophisticated decision support tool kit that is adaptable, affordable, easy to use and easy to configure.

We’re fond of saying companies need to “manage by the numbers.” This is the way to do it.

Here’s a closer look at the modules.

Performance Analysis and Reporting

This module collects and analyzes operating and production information in real time. Seeing how the work is stacking up as it takes place gives operators and executives powerful information by which to make decisions, prioritize activities and pivot when things aren’t going according to plan. It allows management to view operations at a glance or drill down to examine specific areas of opportunity via an executive dashboard. And it’s easy to configure and use.

Key Features:

Flexsim

No modesty here — this is a really cool software program. It’s a 3D simulation of new processes or practices before you roll them out onto the shop floor. It’s an object-oriented simulation software for processes like manufacturing, material handling and workflow. It helps engineers, managers and decision makers visualize and test proposed operations, processes or systems in “cyberspace” before trying it out in real life. The goal, like everything we do here at USCCG, is to boost productivity, eliminate bottlenecks and ultimately enhance your profits.

Key Features:

Resource Capacity Planning

This invaluable tool gives you a realistic, real-time view of available versus required resources, including people, materials, tools and equipment. It helps you make sure you’re on track to achieve your production plan, each and every day and shift. It’s user friendly and can be customized for each client’s needs.

Key Features:

Microsoft Power BI

What good is the amount of data we have at our fingertips today if we can’t analyze it, interpret it and put it to use, right? That’s where Microsoft Power BI comes in. It creates news you can use. The program is designed to collect the various types of data generated within your business and coalesce it into useful, timely information by which you create actionable insights. It consists of a Power BI Desktop, an online software-as-a-service (SaaS), and mobile apps for Windows, Android and iOS devices. Together, those three components work to wrangle your data into insights you can share with your team.

Key Features:

By using the latest-and-greatest software out there, we help our clients enhance their operations, streamline their day-to-day, stay on top of inventory and create actionable decisions. It’s about managing by the numbers.

For more information about how this software technology can help streamline your operations, call us at 800-888-8872 or email us at info@usccg.com.

Contact USC Consulting Group

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Supply chain analytics refers to the collection of data and information that provide insights into logistics performance, from inventory management to fulfilling and shipping orders.

How Data Analytics is Changing the Supply Chain Landscape

The ever-increasing reliance on big data is altering the landscape of supply chains as we know them. Historically, the majority of supply chain management was dependent on intuition and experience. However, with the introduction of powerful data analytics technologies, supply chains are now guided by data-driven decision making.

The ever-increasing availability of data is driving this transition. Previously, data was dispersed across numerous silos inside a business, making it difficult to provide a comprehensive perspective of the supply chain. Organizations, on the other hand, may collect and store data from all areas of the supply chain in one central location owing to data warehouses and data lakes. This enables supply chain managers to see the entire picture and make data-driven decisions to increase efficiencies and performance.

The rising availability of strong data analytics tools is another factor pushing the change to data-driven decision making. To examine data in the past, supply chain managers had to rely on manual procedures or limited software tools. However, a wide range of powerful data analytics technologies is now available to assist managers in making sense of massive data sets and uncovering hidden patterns and trends. The transition to data-driven decision making is reshaping the supply chain landscape and has far reaching implications for how businesses function.

Organizations may improve the efficiency and performance of their supply chains by leveraging the power of data, providing them with a competitive advantage in the marketplace.

The Advantages of Data Analytics in Supply Chain Management

Data analytics can aid in the smooth and effective operation of supply chains. Supply chains can uncover patterns and trends in past shipments by examining data from previous shipments. This can help them minimize disruptions and stock-outs while also improving inventory management. Furthermore, data analytics can assist supply chains in optimizing their routes and schedules, as well as tracking their success over time.

Here are some of the primary advantages of employing data analytics in supply chain management:

Check out the following infographic by 2Flow which takes a deep dive into ‘Analytics In The Supply Chain’.

Supply Chain Analytics infographic

Supply chain analytics are guiding managers into the future with data-driven decision making. If you need assistance properly analyzing your data and setting up your supply chain management for success, contact USC Consulting Group today.

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Since Covid people who never heard the term “supply chain” have become painfully aware of what it means and how deeply it impacts their lives. It doesn’t take a viral pandemic to create supply chain disruptions. A factory fire, a natural disaster, or resource scarcity — everyday occurrences — can all lead to items disappearing from shelves.

The recent formula shortage was largely due to a single factory being temporarily shut down.

Product shortages can be a significant hardship for families all around the world. In this article, we talk about how data mining can add stability and predictability to supply chain management.

First, What is Data Mining?

Data mining is the practice of looking at large quantities of information already stored in a database to retrieve new insights from it. Basically, it’s the process businesses use to create actionable knowledge. In the context of supply chain management, the data could pertain to anything from consumer habits, transportation routes, product development, or resource excavation.

Every single action that takes a raw resource out of a mine or jungle and turns it into a product on your shelf creates information. More information than any human (or, for that matter, any room of humans) could ever examine in two lifetimes.

With data mining, data processing, and data analysis, that information can be tamed and channeled toward productive means.

Supply Chain Threats

What variables currently threaten supply chain management? Because there are so many steps taken to turn raw material into a physical product, many variables can interrupt the process. Perhaps there is a storm that halts excavation. A viral outbreak that pauses work at a factory.

Disruptions in the transportation sector. Maybe the demand for a product is so much higher than anticipated that it becomes impossible to manufacture it at an appropriate pace.

All of these scenarios can lead to supply chain disruptions. Through data mining, however, many of them can be mitigated or avoided outright.

Understanding Supply

Let’s say (with unfortunate accuracy) that there is a recession projected to sweep through the country in the not-so-distant future. Naturally, financial downturns can have a significant impact on the way people shop.

But how can stores and supply chain managers use this information to make sure that there is plenty of the things people need and a relatively modest amount of things that will go largely ignored?

Data!

Using historic shopping data, supply chain managers can get a vivid forecast of how people are likely to behave during the next recession. This might mean deemphasizing the production and supply creation of luxury items and focusing more on putting staples on the shelves.

Fleet Management

The transportation industry is an enormously important component of supply chain management. Using IoT (internet of things) and data, fleet managers now enjoy unprecedented control over their routes. Maps, even GPS-driven maps, tend to be relatively limited in how granular they get. Route recommendations mostly factor in distances. Even programs that account for speed limits, etc. do so for the benefit of personal vehicles.

Trucking is a different animal. Does this route include a short overpass that the truck will need to detour to get around? Maybe the road winds, requiring a large vehicle to slow down to a crawl.

With historical route data, mined through telematics technology (sensors, mostly) fleet managers now get automated reports that recommend the best routes for their trucks. These recommendations not only factor in arrival times, but can also be calibrated to make recommendations most likely to preserve the condition of the vehicle.

Transportation companies run more efficiently. Products arrive at their destinations on time. It’s a win for everyone.

Adjusting the Chain

In a post-Covid world, one needn’t stretch their imagination to imagine a scenario where something could go wrong within a supply chain. Delays and shortages can happen after only a single break in the chain.

With data, supply chain managers can make reasonable forecasts about potential disruptions, and plan accordingly. Already, the supply chain management industry has moved toward keeping a healthy supply of alternative production lines — often closer to home — so that they can pivot immediately into new solutions when problems arise.

With robust access to data, supply chain managers can receive quicker insights as to when they should reach for these solutions.

The result? Fewer disruptions, and significantly more consumer stability.  No more months and months of waiting for a new refrigerator or oven.

*This article is written by Andrew Deen. Andrew has been a consultant for startups in almost every industry from retail to medical devices and everything in between. He implements lean methodology and is currently writing a book about scaling up business. You can follow him on Twitter @AndrewDeen14.

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Supply chain management is a crucial part of every business, which has a wide range of effects, from the streamlined transfer of goods and services to improved customer satisfaction. In this digital age, it has become easier to understand the complexities or risks that affect the supply chain. In general, the supply chain exists in both the services and manufacturing organizations. However, the risk of complexity varies in different organizations.

Managing it effectively is not a simple task. It consists of several challenges and demands to constantly develop a new skill and update the existing one. By implementing effective tactics, you can easily enhance high supply chain performance.

Supply-Chain Essentials Every Manager Should Know

Here are a few things managers should know about managing the end-to-end supply chain from raw material to finished products.

1. Business Communication

If you want to be a leader in supply chain management, you have to communicate well. Depending on whether your company is dealing internationally or locally, being an efficient communicator will surely help you to gain some position in the marketplace. As a supply chain leader, you should be aware of the terms like ROIC, EBITDA, and economic profit. These technical terms must be part of your everyday vocabulary as you would be delivering schedules with suppliers.

2. The Know-How To Negotiate

Negotiation is pivotal in supply chain management. If you want to be successful in this industry, you have to be a good negotiator. Whether you are a lead or participant in negotiation, your skill will influence the relationship of the opposite party.

If you have negotiation skills, you will enter into the discussions looking for an outcome that will satisfy the results. Ask as many questions as you can. It will clear the doubt. An excellent negotiator pays close attention to the opposite parties’ behavior.

3. Customer-First Thinking Is The Key

Supply chain organizations should think about the customer first. This means thinking for the customer when making a decision about the supply chain. In order to gain a good relationship with your customers, you need to spend some time with them and understand their needs and considerations. By focusing on these parameters, you can shape a supply chain that satisfies the customer.

Building a customer-centric supply chain is not easy. All the departments, from suppliers to manufacturers, are involved in the supply chain. You must find new ways to meet customers’ needs and exceed their expectations. In 2021, Assignment Assistance UK formed a customer-centric marketing campaign, and the results were amazing, as the sale ratio exceeded their expectations.

4. Understanding Cost-To-Serve

Cost-to-serve is basically a cross-supply chain method used to focus on process-based costs. It helps in calculating the cost-effectiveness of product and market routes along with the customer profitability. Furthermore, it provides you with a fact-based focus to make decisions on operational changes and service mix for each particular customer.

If you can understand the cost-to-serve, you will be able to make decisions to improve the customer’s outcome. Some supply chain leaders have gifted skills, while others need to train themselves and require practice.

If you apply the cost-to-serve concept to your company’s supply chain activity, then you will be able to build a profitable relationship with customers and the production team. That’s why ease with the cost-to-serve is a good skill that helps you to stand out as a competent supply chain professional.

5. Data Is Everything

Data is crucial in business to formulate strategies, streamline operations, introduce new services, and ensure customer satisfaction. But data is nothing unless it is analyzed. I have seen that most of the decisions in supply chain activities are instinct-based, neglecting data analysis.

Always keep a keen eye on cost and never assume something is great because everyone loves new deals. Look at the facts and data and do not rely on emotions and instinct when making decisions. While concluding a literature review, Bob Tucker describes supply chain analytics as the ability to use data in order to improve all activities across the supply chain.

Since data analysis has been utilized for years, the introduction of new technologies like machine learning or artificial intelligence has led to contribution in today’s supply chain forecasting.

Benefits Of Following Supply Chain Essentials

The supply chain plays a vital role in boosting several business processes, including your relationships. Supply chain management isn’t a simple experiment, but effective supply chain management offers several benefits that improve the bottom line. Let’s look at some of the benefits of effective supply chain management.

a) Better Collaboration

In order to resolve any problem, the supply chain team should be able to share information with stakeholders and communicate with the right people at the right time. Consistent communication improves the relationship, which results in better collaboration and boosted business.

b) Improved Risk Mitigation

Having knowledge of risk help companies in achieving their goals. For instance, 87% of companies believe they could reduce inventory by 22% if they have a better risk management system. This all can be achieved by following the supply chain essentials.

c) Better Quality Control

The quality control process improves once a manager starts following supply chain essentials. Since, data analysis is used for decision making, it helps in producing quality products.

Quality control in the supply chain helps to maintain the company’s reputation. In this modern age, the main goal is to gain a unique place in customers’ minds. For this, the quality control subcontractor gives suggestions to companies to increase their benefits.

Conclusion

The supply chain manager focuses on a better relationship with all the members of the supply chain, including the customers. Today, the supply chain industry is growing rapidly. Hence, making a data driven-approach to supply chain management is a must.

Data is not only driven by effective supply chain management but there are also factors such as good vendor and supplier relationships, effective cost control, securing the right logistics partners and adoption of effective supply chain technologies. An efficient manager takes into consideration all these factors, which result in an improved supply chain process.

*This article is written by Claudia Jeffrey. Claudia is currently working as an Auditor at crowdwriter. She has previously looked after operations and customer service departments in the same firm. Claudia is keen to manage an effective supply chain process and believes in company growth with the customers. She loves to travel and explore the world.

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The eCommerce industry is one of only a few business models that have thrived amidst the financial uncertainty of COVID-19. eCommerce did more than just weather the pandemic, it took advantage of the opportunity to accelerate industry growth by 4 to 6 years, according to an Adobe analysis.

While many assume eCommerce gains are relatively insulated, in actuality, the industry affects many adjacent ones, including artificial intelligence and the Internet of Things. As the rest of the world struggles to catch up financially, eCommerce and related industries are thriving and rapidly changing. Here, we’ll explore how data analytics and manufacturing trends in eCommerce are changing industry operations.

Data Analytics

Increased online traffic and changing user patterns have led the eCommerce industry to employ sophisticated data analytics methodologies to predict consumer behavior. eCommerce stores worldwide make use of data analytics to provide product recommendations, perform market analysis, optimize price, and forecast demand.

Business analytics is nothing new, but its ease of use and popularity has increased in recent years. With many consumers worldwide still confined to their homes or local communities, more and more are turning to online shopping. Not only does this expanded consumer base mean more accurate analytics, but it also means more opportunities for business expansion, both in the eCommerce industry and beyond its confines.

Business analytics has become extremely important in business decisions because of its cost-saving abilities and adaptability. Specializations in the field include marketing specialists and business analysts. The U.S. Bureau of Labor Statistics estimates the business and financial professions will expand faster than average over the next decade, making an investment in data analytics an investment in your future.

As data analytics become more widespread, tools like Google Analytics, Supermetrics, and Glew.io are enhancing their user features and accuracy. Analytic usage across industries is easier when these resources are there to help bridge the gap. Each day, they’re becoming more and more accessible to businesses.

eCommerce in Manufacturing

Manufacturing is another sector that’s been heavily impacted by the COVID-19 pandemic and shifting trends in eCommerce. Some of the top eCommerce manufacturing trends include:

Changing trends in manufacturing extend to all commercial industries. If you have a product to sell, increasing efficiency and providing a better customer experience can make all the difference for your business. With the introduction of driverless cars and automated inventory counts, administrative pressures are relieved and businesses can turn their attention to other matters.

The Changing Landscape of Supply Chain Management

When it comes to supply chain management challenges, businesses must understand the problems at hand to identify the most pertinent solutions. Some of the most useful solutions today involve implementing advanced technology, including robotic warehouses, blockchain, and digital supply chain twinning.

Decentralized distribution is also being piloted by companies like Amazon, which is experimenting with drones and has larger ambitions to produce a floating distribution hub. While not all of these innovations have taken flight just yet, as we look toward the future of manufacturing, the eCommerce industry promises much more in terms of automation and agility. Most consumers expect timely, fast delivery via the postal service, and robotics and automation offer the quickest path to meeting high consumer expectations.

Overall, eCommerce is shifting to a digital economy, making use of blockchain for enhanced security and efficiency, while employing more technological and data analytics tools. The rise of chatbots and automated business processes allow business owners to focus on important matters, rather than dealing with trivial mishaps and other time-consuming administrative tasks.

Keeping Up in a Fast-Paced World

Staying on top of eCommerce trends in today’s fast-paced world is not for the faint of heart. It is perhaps for this reason that over the years, business owners have repeatedly held a stagnant mindset when it comes to innovation and improving processes. There’s always an excuse to put it off for later.

However, the fact of the matter is that now is always the time for process improvements. Businesses that stick to the status quo and maintain existing workflows find themselves falling behind financially sooner or later. The risks of stagnation are much greater than the risks of innovation, especially in today’s competitive global marketplace.

The market is continually changing, your competitors are stepping up their game, and consumer demands are increasing each day. Customers expect a smooth on-the-go shopping experience, fast service, and tech-savvy business models. Even for in-person transactions, consumers prefer contactless payment methods and online inventory availability. Their preferences extend far beyond the eCommerce industry itself, meaning progress in fields like automation and artificial intelligence are essential to satisfy new and emerging consumer habits.

With a customer-driven focus, successful eCommerce businesses aim to increase sales through data analytics and boost efficiency through more streamlined websites and supply chain management practices. Don’t allow your business to get left in the dust — eCommerce or not, digital shopping trends are shaping industry operations across the board.

If your business is in need of help to rocket into the future of manufacturing through digital transformation or supply chain optimization, contact the operations management experts at USC Consulting Group. They have been shaping manufacturing operations for over 50 years.

*This article is written by guest author Ainsley Lawrence. View more of Ainsley’s articles here.

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When businesses begin to scale, many of the challenges they face result from added operational complexity and lack of visibility. As organizations start investing more in their business’s functional components, such as inventory production, warehousing, logistics, and order management processing, communication silos and departmental disconnects begin to appear, blurring certain efficiency lines across the company as a whole.

To combat these operational challenges, many companies often rely on Key Performance Indicators (KPIs) to help them make informed decisions about their business as a whole. However, operational data in itself isn’t always useful in its raw state. Organizations typically need to take additional steps to make their system data informative and actionable. This is where data mining comes in.

What is Data Mining?

According to Consumer Notice, data mining is the process of turning raw data points into useful and actionable information. By collecting, sorting, and analyzing large amounts of data from various sources all at once, data mining helps companies discover valuable patterns and trends in their business operations.

Discovering and refining these data points manually across multiple systems would be time-consuming and inefficient for most businesses. Data mining simplifies the process exponentially and provides organizations with the unified data transparency they need to reduce their costs, improve client relationships, reduce operational risks, and increase revenues.

How Does Data Mining Work?

Much like the refining processes of metals and materials, data mining involves several stages before a final product can be achieved. When applying data mining in business analytics, the method uses the following six stages of progression:

Data mining plays a fundamental role in business intelligence platforms and will continue to drive the future of data analytics as a whole. As businesses rely more and more on fast, actionable data to inform decisions around their growth and sustainability, data mining solutions will continue to be more readily adopted by all industries. In fact, data mining technology itself has already created roles within organizations such as data analytics specialists and data scientists who dedicate their professions to extracting and presenting new information to the business.

Data Mining in Supply Chain Operations

Data Mining in Supply Chain Operations

Management of a supply chain can be a daunting task for organizations of any size. Whether it’s running production facilities, coordinating shipping and logistics, managing inventory across multiple warehouses, or processing and tracking large volumes of orders, supply chains are made up of many individual components, each of them needing their own calibration efforts.

One area of supply chain management that heavily impacts business operations is product transportation. This is especially the case in the current landscape of remote business operations, now heavily reliant on shipping services and efficient vehicle routing. However, while the need for streamlined and profitable logistics coordination efforts has never been higher than it is now, many companies still use outdated and disconnected processes to keep things running.

Legacy logistics planning and tracking processes are often made up of many manual processes and riddled with routing problems that need solving. Some of these problems include inefficient shipping planning that leads to missed deadlines, a lack of visibility between shipment origin and destination, and unknown volumetric capacity or maintenance statuses of vehicles. With so much of these logistics processes disconnected from other critical components of the business, streamlining this data collection with other key business metrics is essential to ensure long-term business sustainability.

The data mining process does this by helping organizations create a unified view of all areas of the business. This is achieved through actionable reports highlighting key performance indicators, giving them the insight they need to improve how they manage product sourcing, efficient execution of their transportation network, and streamline all supporting workflows in and outside of the office.

The use cases of data mining are nearly limitless and can be applied to all business areas. However, by mining for data in supply chain operations, organizations can achieve the visibility they need to balance business efficiency, compliance, and profitability all in one place. This leads to a much more scalable business growth path and ensures long-term sustainability down the road.

*This article is written by guest author Beau Peters. View more of Beau’s articles here.

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USC Consulting Group is a world-class operations management firm that for the past 50 years has helped mining companies around the globe improve their business performance by increasing throughput, reducing costs, eliminating waste, increasing productivity, improving quality and leveraging existing assets.

Discovery

Your process improvement experience starts with USC digging in to begin to learn what truly makes your mining operations tick. We conduct detailed diagnostics, at the point of execution, whether underground, in the pit, surface, processing plants and support services to gain an understanding of impediments to increased performance. We’ll handpick a team uniquely qualified to address your specific challenges. We’ll observe how you do things around the clock, shift to shift, engaging directly with the people on the front lines – production, maintenance, engineering, and all support departments. Then we’ll collaborate with you to turn our findings into a detailed, workable plan, complete with tools from our well-rounded toolkit.

Implementation

This is the point when most consultants leave you with a binder and walk out the door. Instead, we’re developing a project plan, organizing work breakdown structure, developing performance goals, determining measurement metrics and making sure our jointly developed strategies get the desired results. Managing data and information in the mining environment is vital for continuous improvement efforts. As part of our implementation process, we will help you enhance how your organization makes use of key data and information. Knowing where the right data and information lives and putting it to value added purposes is essential to managing a successful business. Leveraging enabling technology such as Microsoft Power BI helps to achieve, and then sustain the desired outcomes. Our LINCS® Lean Information Control System will enhance your existing Management Operating System (MOS) by smoothing the change process, providing timely feedback on KPI’s to process owners and actionable business intelligence to key decision makers. We openly share the results of our collaboration to increase and maintain operating excellence, and provide the extra horsepower needed to put ideas (both yours and ours) into action. We help deliver on your goals by empowering your performance. In fact, we’ll help you audit, verify, and sustain results for years to come.

 

 

USCCG’s Mining team uses the best of tried-and-proven, and emerging, methodologies to bring about enterprise-wide Lean Transformation, resulting in significant operating and financial gains, all at a very attractive ROI.

Discover more about our work in the Mining industry and contact us today to start your process improvement experience.