The need to reduce the cost of manufacturing is the number one driver behind companies’ attempts to synchronize manufacturing operations by deploying a common platform to manage maintenance, production, quality, and inventory, Aberdeen Research reports in a recent study, “Global Manufacturing Operations Management.” And the best-in-class manufacturers are more than 10 times as likely as so-called “laggards” to be using manufacturing intelligence tools.
Aberdeen cited other differentiating factors, such as extending a manufacturing operations management (MOM) platform across all manufacturing facilities and using supplier quality management tools.
To achieve and sustain best-in-class performance, according to the report, companies must improve their manufacturing operations by providing real-time visibility and establishing automated workflows across their manufacturing operations and supplier networks to manage adverse events. In addition, Aberdeen advises companies to leverage executive focus and collaboration across manufacturing, engineering, quality, and corporate IT to ensure the successful deployment of a MOM platform across the global manufacturing network.
In the study, Aberdeen measured companies against three key criteria to rate their performances: on-time and complete shipments of products; OEE as a metric accounting for availability, performance, and quality; and response time to non-conforming shipments.