Analytics and Insights, Data and Analytics

Advanced Analytics in Manufacturing

Data, statistics, and analytics have been an integral part of manufacturing for a long time, especially in improving quality of products using techniques like statistical process controls, lean, six sigma etc. process simulations product performance analysis artificial intelligence methods for process planning, assembly line balancing etc. An article by McKinsey presents how use of advanced… Continue reading Advanced Analytics in Manufacturing

Analytics and Insights, Data and Analytics

Data and Analytics Programs – Looking Beyond Tools and Technical Capabilities

Many organizations are initiating data and analytics programs with a hope to improve revenues, customer engagement, and profitability. In their pursuit to achieve these objectives, some of them usually focus more on tools and technology capabilities. These organizations assume that investing in tools and technology alone will deliver the outcomes. However, a recent McKinsey study… Continue reading Data and Analytics Programs – Looking Beyond Tools and Technical Capabilities