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“Manufacturers attempting to improve both operational and corporate performance should first examine the overall structure of their business processes,” says Matthew Littlefield, a senior research analyst with the Aberdeen Group and co-author of the benchmark report titled “Event Driven Manufacturing Intelligence: Creating Closed Loop Performance Management.”
“As a general theme, we find best-in-class manufacturers are most significantly differentiated from their competition by the incorporation of real-time data into these processes,” says Littlefield. “Specifically, best-in-class manufacturers are more than twice as likely as laggard manufacturers to monitor exceptions on the plant floor in real time, use real-time data in production optimization processes, and in using real-time data for production release and control.”
Hertzler Systems Inc., of Goshen, Indiana, has announced the availability of a new research report by the Aberdeen Group, a Harte-Hanks Co. The report reveals that best-in-class manufacturers realize 24 percent more on-time deliveries, have a 30-percent higher level of overall equipment effectiveness, a 29-percent higher overall yield, and enjoy 33 percent greater profit margins when compared to their lower-performing peers.
“This is the first independent study that we’ve seen validate our experience across a wide population,” says Evan Miller, president of Hertzler Systems.
To obtain a free copy of the report, visit www.aberdeen.com/summary/report/bench mark/4734-RA-event-driven-manufacturing.asp.
Hertzler Systems (www.hertzler.com) provides seamless, accurate data acquisition solutions that drive business transformation. The company provides the leading real-time data acquisition and analytics software, the GainSeeker Suite. This powerful and flexible system is best used by lean and progressive companies. GainSeeker Suite allows companies to connect with devices and other information systems, collecting data and alarming key personnel when problems arise; this technology allows organizations to analyze data for root cause problems, converting data into knowledge.
Hertzler Systems has been a leader in Statistical Process Control and Six Sigma for over twenty years, and includes a diverse customer base; clients include BAE Systems, Crown Audio, IDEX Corporation, McCormick & Company, Inc., Hormel Foods Corporation, Titleist & Footjoy, and TaylorMade-Adidas Golf Worldwide. The company’s software and services enable clients to collect and analyze data; building a robust data infrastructure for making data-driven decisions. These capabilities help clients to reduce costs, cycle time and errors, and increase profitability.
Hertzler Systems Inc.
Adrienne DePew
Communications Manager
800.958.2709
About the Author:
Professional Marketing Firm for the Manufacturing Community and Manufacturing Journalist to most manufacturing magazines
Article Source: ArticlesBase.com – Quality Digest Real-time Performance Management by Hertzler Spc
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