Empower Every Employee with Business Intelligence

General Business

4 Steps to Empowering Your Employees with Business Intelligence

Every day, you make decisions that help your business grow. Those decisions are likely backed up by real data (and a healthy dose of gut feelings). Relying on good data is an option made more accessible by the continued development of Business Intelligence (BI) software that aggregates, analyzes, and visualizes the information essential to your organization, even helping you predict future trends. By leveraging BI programs, executives worldwide are increasing profits while streamlining processes. But when you take a deeper look at how these companies are using BI, you’ll find that the greatest success comes from democratizing the data, putting business intelligence in the hands of every employee. WHAT DO PEOPLE WANT FROM BI SOFTWARE? A 2015 study conducted by Forbes Insights asked over 300…

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Rolled Throughput Yield (RTY) Metric Analysis: Your Ticket to Better Business?

Manufacturing

3 Ways to use Rolled Throughput Yield (RTY) to Better Your Business

As someone involved in manufacturing, you’re probably tired of dealing with inefficiency issues and product defects that affect your bottom line. But what are you doing to solve these problems? Consider this story: Walter, a Chief Operations Officer of a parts distributor and automotive electronics solutions company in Florida, recently visited several manufacturers to see if they could produce a device for his business. When he asked each project manager about their average Rolled Throughput Yield (RTY), only one had an answer. And this answer could be crucial to your business. RTY: A Quick Rundown RTY is often used in Six Sigma, the tools and techniques engineered by Motorola’s Bill Smith for business improvement in the 1980s. The official definition is “a process performance measure…

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Think Bigger: Mining Your Data at Landscape

Agriculture

Think Bigger: 5 Ways to Mine Your Data at Landscape Scale

With agricultural production happening on such a large scale, you’d think it would be easier to see the big picture. But big data is a mountain of information too high for anyone to climb on their own. This is why Business Intelligence (BI) solutions exist to help you pull useful nuggets of information out of the vast landscape of your data. Here are a few tips for how the data at your fingertips can be used to optimize your entire business. 1. Keep a Weather Eye on the Horizon There are multiple resources for tracking weather data–everything from temperature and rainfall to cloud coverage and storm tracking. You can download this information and visualize it alongside data about your crop yields. The BI software can…

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