Hertzler Systems Sponsors Closed Loop Performance Management Report –
Identifies Drivers of Best-in-Class Performance
Hertzler Systems has sponsored a research study in collaboration with
the Aberdeen Group and determined that Best-in-Class manufacturers enjoy
33% higher profit margins by linking operation performance with
financials and leveraging real-time data with integrated analytics.
GOSHEN, Ind. (Business Wire EON/PRWEB ) June 9, 2008 --
Hertzler Systems Inc. announced today the availability of a new landmark
research report by the Aberdeen Group, a Harte-Hanks Company (NYSE:HSS).
The report reveals that Best-in-Class manufacturers realize 24% more On
Time Deliveries, have a 30% higher level of OEE, a 29% higher overall
Yield, and enjoy 33% higher profit margins when compared to Laggard
manufacturers.
Matthew Littlefield, a Senior Research Analyst with the Aberdeen Group
and author of the benchmark report Event Based Manufacturing
Intelligence: Creating Closed Loop Performance Management states, “Manufacturers
attempting to improve both operational and corporate performance should
first examine the overall structure of their business processes. As a
general theme, we find Best-in-Class manufacturers are most
significantly differentiated from their competition by the incorporation
of real-time data into these processes. Specifically, Best-in-Class
manufacturers are more than twice as likely as Laggard manufacturers to:
monitor exceptions on the plant-floor in real-time, use real-time data
in production optimization processes, and in using real-time data for
production release and control.” Furthermore,
Littlefield states, “To incorporate real-time
data into business processes many of the Best-in-Class are looking
towards technology. In fact, 55% of the Best-in-Class are currently
using automated SPC (Statistical Process Control) software, which makes
them 38% more likely than Laggard manufacturers to be doing so.”
According the Evan Miller, President of Hertzler Systems, the report
confirms anecdotal findings. “Best-in-Class
performers apply processes and real-time data differently from the rest
of the population,” he said. “This
is the first independent study that we’ve seen
validate our experience across a wide population,”
said Miller.
Interested persons may obtain a free copy of the report, compliments of
Hertzler Systems, either by visiting aberdeen.com/link/sponsor.asp?spid=30410464&cid=4734
or the Hertzler Systems web site (hertzler.com).
About Hertzler Systems
Hertzler Systems (www.hertzler.com)
provides seamless, accurate data
acquisition solutions that drive business transformation. The
company provides the leading real-time data acquisition and analytics
software, the GainSeeker Suite. This powerful and flexible system is
best used by lean and progressive companies. GainSeeker Suite allows
companies to connect with devices and other information systems,
collecting data and alarming key personnel when problems arise; this
technology allows organizations to analyze data for root cause problems,
converting data into knowledge.
Hertzler Systems has been a leader in Statistical Process Control and
Six Sigma for over twenty years, and includes a diverse customer base;
clients include BAE Systems, Crown Audio, IDEX Corporation, McCormick &
Company, Inc., Hormel Foods Corporation, Titleist & Footjoy, and
TaylorMade-Adidas Golf Worldwide. The company's software and services
enable clients to collect and analyze data; building a robust data
infrastructure for making data-driven decisions. These capabilities help
clients to reduce costs, cycle time and errors, and increase
profitability.
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