This is part one of a two part paper addressing the value of implementing a real time operations infrastructure to gain visibility, productivity and throughput, quality management, and real-time asset utilization; all of which extend the value of plant to business integration.
ARC has noted that the primary benefits in manufacturing operations management (MOM) solutions are in the additional profits and business value that companies get from applying the technology. Whether it’s increasing overall performance, reducing downtime, lowering inventory, raising overall operational effectiveness (OEE), cutting raw material and waste, improving product quality, enforcing workflow procedures, implementing global standards, creating flexibility to meet vacillating demand, or helping to remain competitive in a global world, manufacturing operation management technologies unlock value and obtain enhanced bottom line results. Implementing manufacturing operations management, manufacturing intelligence, advanced analytics and dashboard- type visualization for workers at their desktop or on a mobile device increases the manufacturer’s ability to gain competitive advantage. Data driven knowledge helps employees across the organization to make better, more informed decisions.