Operations, Continuous Improvement, Information Technology, Manufacturing, Quality, Supply Chain
On June 14, 2018, MAPI will hold its inaugural Operations Data Analytics Forum in Rosemont, IL. Akshat Thirani, co-founder and CEO of Amper Technologies, a technology company on a mission to build modern and practical tools for manufacturers to get complete visibility and analysis on their operations, will co-present on the business outcomes of using data analytics and IoT in manufacturing operations.
Akshat took the time to answer a couple of questions to lay the foundation for his presentation and give us a little more insight into his background.
Operations, Information Technology, Manufacturing, Procurement, Quality, Supply Chain, Logistics
In an increasingly digital world, surrounded by connected devices, manufacturers are recognizing the necessity and benefits of moving from a linear supply chain model to a flexible, digital supply network (DSN). DSNs integrate data and information from the various sources that contribute to the production and distribution of manufactured goods. This data is available instantaneously, allowing manufacturers to make quick decisions and adapt to changing market needs. Additionally, DSNs reduce product costs, increase profitability, and improve quality. With wide-ranging benefits, one would expect that a majority of manufacturers have implemented DSNs. However, according to a survey conducted by MAPI and Deloitte, only 28% of respondents have started implementing DSN solutions.