Achieving better functional analyses: Big Data is the key

Covid-19 has undoubtedly changed our lives and, along with it, the way in which we once carried out our most habitual processes. Equally, there’s no denying that, in view of this new situation, companies that previously expressed their misgivings about digitization processes have now come to realize just how important they are.

The raison d’être in industry is the transformation of raw materials into suitable products that satisfy people’s requirements and, by extension, those of the market. The quantity of processes performed and the parties that have to intervene to make this transformation possible vary depending on the sector or the purpose of the product. Coordinating all of the above is complicated as it generates data which is both ample and extremely diverse and to which other variables are added, such as the market, external factors, the competition... the information keeps on growing! Knowing how to process it to find out which type of data we have and which can truly add value, streamlining processes, identifying trends, reducing uncertainty, making forecasts and being able to react in time is critical for any sector’s industry.

A sheet metal workshop is a complex environment. Regardless of whether it’s a large or small workshop, every day there are materials, orders, and tools constantly moving from one side to the other. Without proper organization it’s easy for everything to quickly fall into chaos. As a result, all workshops have their own way of organizing and managing internal logistics. Some have more sophisticated methods while others use more simple ones. Nevertheless, there is always room for improvement. Internal logistics and organization are intangible assets that can improve workshop performance without a great deal of investment. A 10% more efficient procedure can allow for 10% more production and the cost of this is always lower than purchasing better machinery.