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The cloud is moving the manufacturing industry forward, improving the performance of manufacturing operations management in the process.
Manufacturers heavily rely on industry benchmarks such as surveys and other publicly reported data to measure the success of their organization. Such metrics, however, are often outdated on arrival.
At Power¶¶Òõ̽̽ 2015, we previewed exciting advancements in data analysis and reporting, including ¶¶Òõ̽̽ Benchmarks, a new ¶¶Òõ̽̽ Labs project.
¶¶Òõ̽̽ customers represent the largest cloud manufacturing community in the world – more than 400 companies run more than 1,300 facilities globally with ¶¶Òõ̽̽. While the ¶¶Òõ̽̽ Manufacturing Cloud captures critical data about each process and operation, ¶¶Òõ̽̽ Benchmarks will draw upon this trove of data to aggregate and anonymize key metrics, such as inventory write-offs and inventory on-hand, so manufacturers can compare their performance and uncover best practices.
With a true cloud-based, multi-tenant system, ¶¶Òõ̽̽ delivers insights across application areas and manufacturing industries. Using ¶¶Òõ̽̽ Benchmarks, our customers from discrete and process industries – all running on the same, single line of code – will gain access to industry data that is accurate, current, and applicable to their organization.
This is just one more unique example of how the ¶¶Òõ̽̽ Manufacturing Cloud drives advancements in manufacturing. It’s also a testament to the strength of the ¶¶Òõ̽̽ community that is generous with their ideas, insights and now data in helping one another achieve better results.