ORACLE's Stephen Slade has written about addressing information overload on the factory floor.  According to Slade, today's automated processes create large amounts of valuable data, but only a small percentage remains actionable.

Oracle claims information overload can cost financially, as companies struggle to store and collect reams of data needed to identify embedded trends, while producing manual reports to meet quality standards, regulatory requirements and general reporting goals.

Increasing scrutiny of new requirements and standards add to the need to find new ways to process data. Many companies are now using analytical engines to contextualise data into 'actionable information'.

Oracle claims factories need to seriously address their data collection, audit trail and records retention processes. By organising their data, factories can maximise outcomes from excellence and contuinuous improvement programs, and gain visibility into costs int the supply chain.

Analytics tools and technologies such as Business Intelligence (BI), Enterprise Manufacturing Intelligence (EMI) and Manufacturing Operations Centers (MOC) can help consolidate, contextual and distribute information.

FULL ARICLE:  http://www.myfen.com.au/news/oracle--addressing-information-overload-in-factory