Real-time Data and Profitability Have Causal Relationship According to Hertzler
Released on: October 29, 2008, 1:25 pm
Press Release Author: Thomas R. Cutler
Industry: Software
Press Release Summary: Real-time Data and Profitability Have Causal Relationship According to Hertzler
Press Release Body: The Aberdeen Report on Event Driven Manufacturing Intelligence found that the highest impact behavior that drives Best-in-Class performance is "Continuous Improvement Teams leverage analytics and real-time visibility into operations."
According to Evan J. Miller, President & CEO of Hertzler Systems, "Real-time data is such a powerful little lever for profitability. This is such an important use or real-time data because it gives you so much leverage at so little cost. Companies sneak monitoring plant floor exceptions in as a skunk works project - well under the capital appropriations radar and without drawing the attention of cynics and nay-sayers."
Miller suggested that, "It's a classic risk/reward equation: high impact behavior is riskier and takes more commitment to turn into reality. You can't sneak continuous improvement teams in under the radar. Even one CI team needs some kind of corporate blessing. The risk to the culture is huge because you've come out publicly that things are going to change and get better. And there are lots of street-smart people out there that can smell an onion even when you call it a rose. Chances are good that they've heard it all before somewhere, maybe even in your business. But the payback potential is high. Over and over again, businesses have proved that small groups of people who are close to the process can make tremendous improvements if they are properly trained and equipped to execute."
Ready access to real-time data is high on my list of "must have" ingredients for the successful CI team.
- something important to work on - knowledge of the process - knowledge of statistical problem solving methods - leadership support
Miller insists, "If ready access to real-time data isn't on this list, you need to add it. That's because if you want to be a data driven organization, you must have ready access to real-time data."
- Real-time data cuts through politics and status. - Real-time data cuts through what everyone already "knows". - Real-time data points to what is really going on in the process. - Real-time data points to the solution.
Read more about the impact of real-time data on continuous improvement teams at the Portfolio page at www.hertzler.com. In particular, you may be interested in our white papers "Leveraging Technology to Transform Culture" and "Freeing Six Sigma from the Data Shuffle".
Hertzler Systems (www.hertzler.com) provides seamless, accurate data acquisition solutions that drive business transformation. The company provides the leading real-time data acquisition and analytics software, the GainSeeker Suite. This powerful and flexible system is best used by lean and progressive companies. Gainseeker Suite allows companies to connect with devices and other information systems, collecting data and alarming key personnel when problems arise; this technology allows organizations to analyze data for root cause problems, converting data into knowledge.
Hertzler Systems has been a leader in Statistical Process Control and Six Sigma for over twenty years, and includes a diverse customer base in service, transactional and manufacturing environments; clients include BAE Systems, Crown Audio, IDEX Corporation, McCormick & Company, Inc., Hormel Foods Corporation, Titleist & Footjoy, and TaylorMade-Adidas Golf Worldwide. The company's software and services enable clients to collect and analyze data; building a robust data infrastructure for making data-driven decisions. These capabilities help clients to reduce costs, cycle time and errors, and increase profitability.
Hertzler Systems Inc. www.hertzler.com Adrienne DePew Communications Manager info@hertzler.com 800.958.2709
Web Site: http://www.hertzler.com
Contact Details: Hertzler Systems 2312 Eisenhower Dr. N. Goshen, IN 46526 800-958-2709