The global market for data analytics continues to grow as more enterprises seek effective ways to manage, streamline, and process large data sets.
To that end, Enterprise Manufacturing Intelligence (EMI) offers a solution for bringing together manufacturing and operations data that helps organizations optimize operations while making better decisions, in realtime, driving real business impact.
5 Benefits Of EMI For Manufacturers
Enterprise Manufacturing Intelligence refers to software systems that gather manufacturing-related data from multiple, disparate sources — for example, IIoT, MES, QMS, and ERP — then integrate that data to provide a cohesive, intelligent view of information. EMI applies deep analytics and reporting, providing contextualization, actionable insights, visualizations, summaries, and enabling sharing of data between enterprise-level and plant-floor systems.
Through intelligent analytics, EMI can monitor the factory’s entire infrastructure, enabling users to understand which machines are not producing to specifications and to improve overall resource effectiveness and efficiency. Information is available to workers in realtime so issues can be managed as they occur. Historical data makes it possible to track past performance and outcomes and compare them to current or future needs.
EMI at the enterprise level can provide benchmark reporting, comparing production runs, or predicting various plant operations. Ideally, modern EMI for today’s enterprise should enable collection of and visibility into data points outside the four walls of the factory, providing analytics from across the supply chain that impact operations within the plant. Successful EMI implementations support visibility and collaboration across enterprise partners, providing management, engineering, and operations with the necessary intelligence that enables more effective realtime decision-making.
At a glance, here are five of the key benefits of EMI for manufacturers:
- Contextualization of data and correlation analysis, connecting events with subsequent consequences
- Realtime, actionable insights that allow for faster response times to exceptions and events
- Benchmark reporting that anticipates potential problems and enables continuous improvement
- Identification and establishment of best practices
- Overall improvement in production performance and manufacturing execution
The advantages of EMI are significant, and numerous — and they don’t end here. The greater visibility EMI provides enables manufacturers to:
- Know the exact composition of materials
- Identify the origin of materials to prevent safety events
- Quantify and reduce material waste
- Increase sustainability/reduce environmental footprint
- Increase efficiency to make more with the same resources
- Collaborate efficiently with multiple parties
As economic challenges continue and the global manufacturing industry remains unpredictable, Enterprise Manufacturing Intelligence offers manufacturing enterprises a leg up on competitors, providing much-needed agility while improving quality, efficiency, yield, and bottom line.
Upgrade Your Enterprise With Modern EMI
Modern manufacturing calls for modern EMI.
ThinkIQ equips manufacturers to go beyond the limitations of traditional EMI in their transformational journey toward achieving Industry 4.0 Smart Manufacturing.
With ThinkIQ, all your data is standardized within a cloud-native platform, and available on one screen, across multiple locations — a revolutionary moment for most production teams. This empowers your manufacturing leaders, plant managers, process and data engineers, and operators to easily explore manufacturing and supply chain data within the context of your business. Visibility is now extended beyond the four walls of the factory to include related supply chain data. You can also start the process of creating alerts and notifications to bring problems to immediate attention, for faster resolution and less downtime.
ThinkIQ’s modern EMI is a cost-effective alternative to traditional equipment-centric solutions that eliminates information blind-spots that result in risk to revenue. Manufacturers now have the unique flexibility to access realtime operational insights through a world-class and full-featured platform that provides advanced support in reaching Smart Manufacturing status.
Ready to experience the game-changing benefits of modern EMI? Reach out to a ThinkIQ expert today to get started. You can also download our new eBook, “Using Computer Vision to Fill Manufacturing and Warehousing Blind Spots with Actionable Data” to learn how to gain greater visibility into your manufacturing process.
