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5 Tips for Making Use of Big Data in Healthcare Production

Submitted by on April 8, 2017 – 9:43 amNo Comment

Historically, pharmaceutical manufacturers and contract service organizations have collected mountains of data, but the industry as a whole has been averse to sharing that data in meaningful ways. But as technology advances, the industry can take cues from other sectors and put that big data to work to drive performance.

Big Data

New strategies, processes, mindsets and skills will help companies evolve from hindsight to insight, and eventually to foresight for predictive modeling. What if you could use algorithms to optimize the planning of equipment turnaround and setup to increase production capacity? Or improve demand/supply planning with an in-memory database to update replenishment plans accurately in days instead of weeks?

To read the entire article, please click on this link https://www.healthcarepackaging.com/article/trends-and-issues/oee-lean-manufacturing/5-tips-making-use-big-data-healthcare-production