This digital ear has
revolutionized how factories operate on a day-to-day basis. Factories have
become more data driven. It is data that decides the strategies of
manufacturing. Every decision is taken by considering data and not by
instincts. All these changes have made it important that factories deal with
only quality data.
Collecting data on a
real-time basis also helps to understand how the company is operating. This
helps the management to take better decisions for the growth of the plant.
Everyone knows that
data collection has numerous benefits for factories. However, there are less
than 5% machines that are digitally monitored in the industry. Some companies
are so irresponsible that they dispose off as much as 99% of their data before
it can be used for any productive decision making. This is one of the most
important reasons behind failure of organization.
If you are fearful
that data collection is a costly process, then there are several ways you can
cut on this cost. Automated data collection and a reliable framework can help
you collect quality information from the user. The information can be used for
better decision making in the organization.Here are our 5 tips to
simplify the way you are collecting data.
- Establish a process : The first step in data collection
is to make a clear plan. Planning is instrumental in anything you want to do.
Good planning can make or break a business. Establish a clear and through plan
of what data you want and how you are going to achieve it.
- Determine what you need : You cannot go about
collecting everything and anything you get in the market. You should collect
only those data that are of utmost importance to your organization. For this,
you should know what you want. Write down what you want from the data collection
- Be clear with your objectives : to simplify your data
collection process you should be clear with the objective of the endeavour.
Data collection is a costly process. You should not waste your valuable
resources in collecting something that is of no use to your organization.
- Use multi-faced systems to collect your data : To
improve the quality of your data you need to fetch it from different platforms.
You cannot make important decisions in the organization with only one type of
data. It can be very fatal. Use multiple platforms are multiple software to
collect data for your organization.
- Analyse, improve and repeat : Data collected today may
not be relevant tomorrow. So it is essential to collect only up-to-date data.
You should analyse your data, improve it if it has any shortcomings and repeat
this process in a cycle. Data collection is not a one-time process.
management can get quite tricky
if you do not adhere to certain guidelines. It is best to seek some help or outsource
data collection to an external source like Insights Opinion,which can guide
you in the best way possible.