What does Composite Analytics Really Mean?

Smart Manufacturing is quickly becoming the most effective tool for capturing a digital representation of operations in the workspace and providing insights towards optimizing transactions. By working to develop the most effective operation process, Smart Manufacturing uses smart decision-making and computer control to initiate greater levels of productivity within the manufacturing process.

Smart Manufacturing allows vital information to be available in its correct form, at the right time and place. Who doesn’t love that? With the help of advanced intelligence systems, manufacturers can achieve real-time manufacturing production and efficient product demand response.

Smart Manufacturing also provides an optimal alternative to the high cost and spotty reliability of other manufacturing applications, which have become limited in today’s industry. It is a cost-effective solution for quick & easy production in the dynamic market of manufacturing.

 

Enter Composite Analytics

Smart Manufacturing responds rapidly to changes in demand by using new technologies to analyze how people interact with machines and materials at a constant rate. Sensors are able to detect movement, sound, temperature, vibration, and electrical current. When combined with material information, an exciting breakthrough in analysis emerges – composite analytics. The composite analytics leverage multiple data points captured from the same operational environment to provide actionable intelligence.

Composite analytics provides a complete understanding of actual production activities in an intuitive fashion. In an environment that permits operators the ability to multi-task, it becomes nearly impossible to understand how performative activities can correlate to a variety of open work orders using an ERP system. However, with the introduction of composite analytics, operations can be monitored, and process anomalies can be detected.  Warnings can be sent to supervisors when costs or productivity are trending out of tolerance, allowing them to intervene before the opportunity window has closed.

 

Summary

Smart Manufacturing depends on interoperable systems to capture data generated by many systems, using a wide variety of technologies and tools. Some of these devices include networked services, dynamic robotics, and big data analytics. With Smart Manufacturing, a digital twin of the physical operations can be recreated.  Composite analytics provides the actionable insights for an entire organization of creative operations to optimize manufacturing, improve efficiencies and limit risks.

Author:

Anthony Tarantino, PhD

Adjunct Professor, Santa Clara University – Operations and Finance

Six Sigma Master Black Belt, Certified Scrum Master, CPIM (APICS), CPM (ISM)

Senior Advisor to Atollogy

atarantino@scu.edu

Tony@atollogy.com