New reporting workflow provides clear factory performance indicators and automatically identifies and analyzes greatest improvements and risks to productivity
NASHUA, NEW HAMPSHIRE—November 16, 2021—Datanomix, the leading automated production intelligence platform for precision manufacturers, today announced a major new reporting workflow designed to give business leaders and continuous improvement personnel insights into overall factory performance, as well as top opportunities for improvement. Called the Continuous Improvement Hub (CI Hub), this new workflow consolidates key performance indicators for factory health into a single dashboard that allows users to quickly track and validate improvements and identify risks and opportunities to meet factory business goals.
The CI Hub is a logical extension of Datanomix’s mission to deliver actionable insights that empower manufacturers to monitor and manage production in real time, while giving them the deep insights into overall factory performance over time. The CI Hub consolidates and analyzes data across all of the machines and jobs in a factory that are monitored by Datanomix, providing an overall production score for the entire factory, along with simple breakouts of key metrics that are critical to Continuous Improvement personnel, such as cycle time performance, asset utilization, and schedule efficiency.
“We conceived the CI Hub as a way to fuel two critical dimensions of the factory at once—first, for executives to see that the efforts and initiatives of their teams are working, and second, for continuous improvement and leadership teams to get clear guidance on where their greatest opportunities for improvement exist,” said John Joseph, CEO and co-founder of Datanomix. “With CI Hub, Datanomix is providing your team with an active agenda of what to work on for Continuous Improvement. You get a live baseline of the overall business summarized for you, with indicators and drill-downs into jobs and machines that offer the best opportunity for improvement to harvest the next round of productivity gains. At the end of the day, CI Hub exists to help you build an operations management framework based on an intelligent assessment of your data and trends.”
“We conceived the CI Hub as a way to fuel two critical dimensions of the factory at once—first, for executives to see that the efforts and initiatives of their teams are working, and second, for continuous improvement and leadership teams to get clear guidance on where their greatest opportunities for improvement exist.”John Joseph, CEO and co-founder of Datanomix
First-generation production monitoring solutions are limited in their ability to provide insights because machine operators and supervisors must enter information about machine states and parts into computers or tablets. This distracts operators from managing their machines and often results in data entry errors—either intentional or unintentional—that create an incomplete or erroneous picture of performance at the machine level, let alone overall factory trends. In addition, these systems require weeks or months to set up and configure, creating more work for busy factory workers and delaying the insights that are hidden in CNC machine data.
With Datanomix, manufacturers simply connect the system to their CNC machines and Datanomix automatically ingests the data, using advanced analytics and machine learning to derive insights and a unique per-job production benchmark. This benchmark is calculated as parts are being made, and provides a baseline for production scoring that immediately drives your team to higher levels of productivity because it is both derived from real data and calibrated to an aggressive but achievable performance level. When Datanomix production scores are displayed on large-screen TVs across the factory floor, everyone on the team understands the trajectory of every job in real time, rallying to those that need attention to keep production on track.
“Everyone in a factory—operators, supervisors, quality control, continuous improvement, and leadership—are flat out, and they need good data and good information to put their expertise to use to drive efficiency,” said Greg McHale, CTO and co-founder of Datanomix. “When we developed the Datanomix platform, our mission was to automate the information that manufacturers need to solve the problems of right now, while also delivering meaningful trends and insights that can only emerge over time. The Continuous Improvement Hub is a significant step forward for factory leaders who want to quickly understand if the business is on track and improving, and for the leadership team to see that everyone is focused on the most valuable and impactful opportunities in a data-driven manner.”
“When we developed the Datanomix platform, our mission was to automate the information that manufacturers need to solve the problems of right now, while also delivering meaningful trends and insights that can only emerge over time. The Continuous Improvement Hub is a significant step forward for factory leaders who want to quickly understand if the business is on track and improving, and for the leadership team to see that everyone is focused on the most valuable and impactful opportunities in a data-driven manner.”Greg McHale, CTO and co-founder of Datanomix
The CI Hub follows another recent product update aimed at the business side of factory management. The recently-updated Quote Calibration Report offers an in-depth analysis of every job run, showing how the job performed against the Datanomix performance benchmark and showing whether the job was meeting the standards needed to justify the job quote, or if there was an opportunity to optimize the job performance or job quote for increased profitability.
The Continuous Improvement Hub will be added to the Datanomix platform in November 2021. All existing Datanomix customers will be given access to the new dashboard, and an exclusive customer training on the new functionality is scheduled for December.
Based in New Hampshire, Datanomix provides real-time production monitoring and performance analytics for CNC machines, without the need for operator inputs or links to ERP systems. Datanomix’s mission is to level the data analytics playing field for industrial manufacturers by giving them robust decision-making tools so they can proudly build world-class products. Learn more at www.datanomix.io.
Lisa Saunders, Director of Marketing Communications, Datanomix