The manufacturing industry has always generated a huge amount of data but has not really exploited its potential effectively. Thanks to digital transformation methods and data analysis tools, companies have been able to gather data from different sources, use machine learning and advanced analytics to come up with new ways of optimizing. operations in the manufacturing process from importing raw materials to selling the final product.
With advanced analytics, production-related problems can be predicted in advance such as bottlenecks that slow down the production process or which production lines are not profitable. There are three biggest benefits that advanced analytics can bring to manufacturing: Quality Management, Predictive Maintenance, and Supply Chain Optimization.
