New Northwest Analytics Offering Addresses the Loss of Manufacturing Analytics-Based Knowledge

Author photo: Greg Gorbach
ByGreg Gorbach
Category:
Company and Product News

Northwest Analytics recently announced the launch of the NWA Analytics Knowledge Suite™ to empower manufacturers to address some of its most critical challenges and accelerate digital transformation by fully leveraging their institutional knowledge. The full press release can be found here

Building on the firm’s capabilities to support the identification of early-warning signals and the amplification of process knowledge for quick, decisive action, the NWA Analytics Knowledge Suite, unveiled at a live-streamed event today, goes beyond the initial signal to enable manufacturers to retain and share analytics-vetted process knowledge across their enterprises for operational excellence.

Northwest Analytics

Peter Guilfoyle, chief executive officer of Northwest Analytics, stated “NWA Analytics Knowledge Suite goes beyond the simple identification of potential process issues and where other analytics providers stop. The suite enables leading manufacturers to address several of their most pressing operational issues by easily capturing the institutional knowledge associated with the resolution of any process issue and making that available to anyone in the company.”
“The suite connects each analytics signal with all related information and resolution activities to help ensure that valuable institutional knowledge that exists throughout the employee base is identified, codified, and amplified.”

Connecting Subject Matter Expertise with Analytics

Focusing on speed, accuracy, and consistency of process-related decisions, the suite connects subject matter expertise directly with analytics and delivers the contextualized output that is then available to help other shifts or sites to enable personnel to solve process issues faster, ultimately helping them to save time and money.

Greg Gorbach, vice president of ARC Advisory Group, said: "The NWA Analytics Knowledge Suite software platform enhances operating performance in manufacturing by addressing several known and top-of-mind issues for manufacturers.

Operationalizing the knowledge generated by analytics so that knowledge can be leveraged across an enterprise can alleviate the loss of institutional knowledge caused by employee retirements and resignations, improve time-to-productivity for newly hired operators and process engineers, and help bridge the ever-widening skills gaps."  

NWA Analytics Knowledge Suite delivers numerous additional benefits including giving a prescriptive approach that allows users to respond with specific actions to deliver specific results, operationalizing analytics, providing a direct connection between early-warning signals and internal subject matter expertise, empowering change before significant process deviation occurs, and offering support to multiple manufacturing analytics methodologies, including Machine Learning & Multivariate models, etc., allowing users to match the optimal analytics approach to specific challenges faces and problems to be solved. 

Mr. Guilfoyle added, “Northwest Analytics led the way with the introduction of real-time process analytics to understand process states. We continued at the forefront by enabling manufacturers to operationalize manufacturing analytics for immediate and consistent action for process deviations. Today, we are proud to continue to set the pace for our customers and the entire manufacturing industry with the introduction of NWA Analytics Knowledge Suite.”

For further information about the NWA Analytics Knowledge Suite or to book a demo, please visit www.nwasoft.com
 

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