Industry Today: Data Analytics Leads to Manufacturing Optimization

According to the Office of Energy Efficiency & Renewable Energy, three million heating and cooling systems are replaced and $14 billion is spent on HVAC services and repairs annually, and each dollar spent on those repairs has data points attached to it.

Data collected from digitized work orders and inventory management connect original equipment manufacturers (OEM) with their products in the field more than ever before. By gaining access to repair records captured by intelligent field service software, OEMs receive invaluable information, such as:

When implemented correctly, this information can help OEMs make strategic decisions in replacement part and whole-unit equipment manufacturing to boost the serviceability and reliability of their HVAC systems.

Modern tech is changing the way we collect field data

HVAC service companies are finally leaving the days of pen and paper behind to adopt a more tech-based approach to day-to-day operations. Rather than recording everything by hand, modern software allows technicians to use their mobile devices for diagnosing issues, logging live data from necessary repairs, ordering parts and creating a digital record of invoiced parts and labor.

When field service companies work in an ecosystem that shares live data with OEM, manufacturers can keep their finger on the pulse of their equipment in the wild.

This consistent data stream gives companies invaluable insights into reliability and lifespan, and it also makes it possible for manufacturers to make the pivots necessary to improve operations, streamline revenue streams, and stay ahead of the competition.

How improved data collection can optimize manufacturing efficiency

When properly implemented, field data works as a key to unlock better manufacturing and distribution systems. Refining your data collection process benefits the OEM in three crucial areas: software improvements, quality control and supply chain. Continue the article here.