When Big Data Meets Manufacturing

When Big Data Meets Manufacturing
Welcome to a Medical Battery specialist of the Mindray Battery
China is no longer only the world’s toy-maker : manufacturing there is taking on an increasingly sophisticated flavour. Take battery maker BYD or medical equipment maker Mindray as examples of companies that have combined low labour costs with high international quality standards and the ability to produce differentiated products on a large scale.
Manufacturers in developed markets have often resorted to cost cutting or alternatively to lean production to keep up. But as such practices become more widespread, there is little differentiation in cost and quality of goods produced in places such as Europe. This means it’s easy for customers to change supplier.
But some manufactures have managed to halt this trend with battery such as Mindray PM9000 Battery, Mindray LI23S002A Battery, Mindray T5 Battery, Mindray T6 Battery, Mindray T8 Battery, Mindray LI23S001A Battery, Mindray VS800 Battery, Agilent A3 Battery, Agilent ADI Battery, Biocare HYLB-722 Battery, Biocare ECG-6010 Battery, Edan HYLB-727 Battery. The Industrial Excellence Award (IEA) has been run for 19 years in France and Germany by a team of colleagues at INSEAD and WHU, and more recently in Spain, Benelux and the UK over the past few years with academic partners IESE, Erasmus and the Judge School. As judges of the annual research study and award programme, we’ve noticed some common success factors among the winners. We outline some of those here.
The concept of partnership may seem like a simple one, but the way the winners are managing their partnerships is what is giving them the edge. They’re doing this in a variety of ways. Firstly, they leverage data to integrate closely with their supply chain partners. Secondly, they optimise customer value across the entire chain. Thirdly, they cooperate with suppliers to improve processes. And fourth, they leverage their technical capabilities to offer customisation to customers.
As we saw in last year’s IEA awards, companies that had found ways to link information flows between themselves and the customer, a buyer-seller relationship became co-creation fed by trust and loyalty supported by transparency. With such information-based integration, suppliers are able to embed themselves in the customers’ ecosystems.
Water meter manufacturer Itron uses such information flows to make itself indispensable to its customers. The company has developed water metering systems which can be read remotely so that it can provide “smart grid” solutions, whereby municipalities can identify water consumption patterns and even leakages to reduce response time and provide a smooth service. The system also supports billing, support and analysis of consumption habits.