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Interview with: Jay Lee, Ohio
Eminent Scholar & L.W. Scott Alter
Chair Professor, Univ. of Cincinnati
What the manufacturing industry is
missing today is the ability to convert
data into meaningful information during
the production process, says Jay Lee,
Ohio Eminent Scholar & L.W. Scott Alter
Chair Professor, Univ. of Cincinnati.
“More data does not mean we can make
better decisions. There is a gap between
data, information and decisions. In
addition, we need to see the quality of a
product while the machine is still
making it,” he adds.
A speaker at the marcus evans
Manufacturing CXO Summit 2013, in
Las Vegas, Nevada, September 16-17,
Lee discusses what capabilities are
missing in manufacturing today.
How is big data challenging
manufacturers? How could they
overcome those issues?
The amount of data we can generate
from various sources is creating many
opportunities, but having more data is
not enough. We need tools to make
better decisions with that data. Right
now, a manufacturing company that
cares about quality, productivity,
throughput and delivery cannot easily
converge data to visualize content. It
needs tools to visualize product quality
before it is even produced. That is what
is missing today.
The data management systems most
companies use today for payroll, data
co llectio n, employee b enef its,
procurement, customer relations, and
so on, were built without any domain
knowledge.
These systems lack advanced analytics
tools, such as advanced correlation,
clustering, peer-to-peer reasoning, etc
techniques. Whether the company
makes automobiles or semiconductors
does not change how the data is
managed. These software solutions
simply provide a framework for data
analysis. Data analytics is different from
data analysis. Data analytics is to
transform data to meaning. These tools
do not really exist in manufacturing.
What opportunities are under-
utilized in this industry?
Many manufacturers get data from
devices provided by vendors, such as
sensors and controllers, but do not add
a robust software inside that can
directly analyze the data. The industry
is lacking open protocol software where
manufacturers can customize their
application.
What will it take to achieve this
vision that you have of the
manufacturing industry and how it
can better utilize data?
I define it with “5 Cs”: Collection, Cloud,
Content, Community and Cognition.
Understanding what data to collect is
the first step. Next is Cloud. We do not
have to depend on a central database,
as a Cloud can analyze data right away.
Thirdly, when the data is converted into
information, what is the Content you
need to know? Doctors can run 40
different tests on a single blood sample,
but manufacturers do not do that.
Fourth, Community. We do not use
experts every time, so we must share
our best practices with colleagues and
leverage expertise to help the younger
workforce catch up. Lastly, Cognition, so
when people visualize information it has
meaning for them.
These are the ways in which the
industry should develop a systematic
way for utilizing data.
How do these impact cost?
At the tip of the iceberg we see cost as
being an issue, but under the water lie
all the bigger problems of waste,
downtime and ineffective utilization of
resources. Manufacturers must figure
out the invisible evils out there without
generating more data just to
understand the current data. They
should tackle the lower hanging fruit
before considering opportunities.
Any final thoughts?
Although the manufacturing envi-
ronment is always changing, the
fundamentals of quality, productivity
and competitiveness do not change.
Manufacturers need to consider that
they do not know, and continuously
improve their competitiveness.
Manufacturers
must figure
out the
invisible evils
out there
How Manufacturers Can Better Utilize Data
About marcus evans Summits
marcus evans Summits are high level business forums for the world’s leading decision-makers to meet, learn and discuss
strategies and solutions. Held at exclusive locations around the world, these events provide attendees with a unique opportunity to
individually tailor their schedules of keynote presentations, case studies, roundtables and one-on-one business meetings.
For more information, please visit: www.marcusevans.com
Upcoming Events
Manufacturing Japan Summit - www.manufacturingjapansummit.com
Medical Device Manufacturing Summit - www.medicalmanufacturingsummit.com
To view the web version of this interview, please click here: www.manufacturingcxosummit.com/JayLee
The marcus evans Summit
groups deliver peer-to-peer
information on strategic matters,
p r o f e s s i o n a l t r e n d s a n d
breakthrough innovations.
Please note that the Summit is a
closed business event and the
number of participants strictly
limited.
About the Manufacturing CXO Summit 2013
This unique forum will take place at the Red Rock Casino, Resort & Spa, Las Vegas,
Nevada, September 16-17, 2013. Offering much more than any conference,
exhibition or trade show, this exclusive meeting will bring together esteemed
industry thought leaders and solution providers to a highly focused and interactive
networking event. The Summit includes presentations on developing KPIs, strategic
manufacturing, global supply chain, solving the skill gap, and design for
manufacturability.
www.manufacturingcxosummit.com
Contact
Sarin Kouyoumdjian-Gurunlian, Press Manager, marcus evans, Summits
Division
Tel: + 357 22 849 313
Email: press@marcusevanscy.com
For more information please send an email to info@marcusevanscy.com
All rights reserved. The above content may be republished or reproduced. Kindly
inform us by sending an email to press@marcusevanscy.com

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How Manufacturers Can Better Utilize Data - Jay Lee, Univ. of Cincinnati

  • 1. Interview with: Jay Lee, Ohio Eminent Scholar & L.W. Scott Alter Chair Professor, Univ. of Cincinnati What the manufacturing industry is missing today is the ability to convert data into meaningful information during the production process, says Jay Lee, Ohio Eminent Scholar & L.W. Scott Alter Chair Professor, Univ. of Cincinnati. “More data does not mean we can make better decisions. There is a gap between data, information and decisions. In addition, we need to see the quality of a product while the machine is still making it,” he adds. A speaker at the marcus evans Manufacturing CXO Summit 2013, in Las Vegas, Nevada, September 16-17, Lee discusses what capabilities are missing in manufacturing today. How is big data challenging manufacturers? How could they overcome those issues? The amount of data we can generate from various sources is creating many opportunities, but having more data is not enough. We need tools to make better decisions with that data. Right now, a manufacturing company that cares about quality, productivity, throughput and delivery cannot easily converge data to visualize content. It needs tools to visualize product quality before it is even produced. That is what is missing today. The data management systems most companies use today for payroll, data co llectio n, employee b enef its, procurement, customer relations, and so on, were built without any domain knowledge. These systems lack advanced analytics tools, such as advanced correlation, clustering, peer-to-peer reasoning, etc techniques. Whether the company makes automobiles or semiconductors does not change how the data is managed. These software solutions simply provide a framework for data analysis. Data analytics is different from data analysis. Data analytics is to transform data to meaning. These tools do not really exist in manufacturing. What opportunities are under- utilized in this industry? Many manufacturers get data from devices provided by vendors, such as sensors and controllers, but do not add a robust software inside that can directly analyze the data. The industry is lacking open protocol software where manufacturers can customize their application. What will it take to achieve this vision that you have of the manufacturing industry and how it can better utilize data? I define it with “5 Cs”: Collection, Cloud, Content, Community and Cognition. Understanding what data to collect is the first step. Next is Cloud. We do not have to depend on a central database, as a Cloud can analyze data right away. Thirdly, when the data is converted into information, what is the Content you need to know? Doctors can run 40 different tests on a single blood sample, but manufacturers do not do that. Fourth, Community. We do not use experts every time, so we must share our best practices with colleagues and leverage expertise to help the younger workforce catch up. Lastly, Cognition, so when people visualize information it has meaning for them. These are the ways in which the industry should develop a systematic way for utilizing data. How do these impact cost? At the tip of the iceberg we see cost as being an issue, but under the water lie all the bigger problems of waste, downtime and ineffective utilization of resources. Manufacturers must figure out the invisible evils out there without generating more data just to understand the current data. They should tackle the lower hanging fruit before considering opportunities. Any final thoughts? Although the manufacturing envi- ronment is always changing, the fundamentals of quality, productivity and competitiveness do not change. Manufacturers need to consider that they do not know, and continuously improve their competitiveness. Manufacturers must figure out the invisible evils out there How Manufacturers Can Better Utilize Data
  • 2. About marcus evans Summits marcus evans Summits are high level business forums for the world’s leading decision-makers to meet, learn and discuss strategies and solutions. Held at exclusive locations around the world, these events provide attendees with a unique opportunity to individually tailor their schedules of keynote presentations, case studies, roundtables and one-on-one business meetings. For more information, please visit: www.marcusevans.com Upcoming Events Manufacturing Japan Summit - www.manufacturingjapansummit.com Medical Device Manufacturing Summit - www.medicalmanufacturingsummit.com To view the web version of this interview, please click here: www.manufacturingcxosummit.com/JayLee The marcus evans Summit groups deliver peer-to-peer information on strategic matters, p r o f e s s i o n a l t r e n d s a n d breakthrough innovations. Please note that the Summit is a closed business event and the number of participants strictly limited. About the Manufacturing CXO Summit 2013 This unique forum will take place at the Red Rock Casino, Resort & Spa, Las Vegas, Nevada, September 16-17, 2013. Offering much more than any conference, exhibition or trade show, this exclusive meeting will bring together esteemed industry thought leaders and solution providers to a highly focused and interactive networking event. The Summit includes presentations on developing KPIs, strategic manufacturing, global supply chain, solving the skill gap, and design for manufacturability. www.manufacturingcxosummit.com Contact Sarin Kouyoumdjian-Gurunlian, Press Manager, marcus evans, Summits Division Tel: + 357 22 849 313 Email: press@marcusevanscy.com For more information please send an email to info@marcusevanscy.com All rights reserved. The above content may be republished or reproduced. Kindly inform us by sending an email to press@marcusevanscy.com