With the power of democratized data and analysis, Lexmark increased efficiency and decreased operating costs in the manufacturing of our proprietary toner.
Despite the clear business value of data and analytics, only 14% of enterprises today make them broadly accessible to employees. And just 52% of frontline employees have access to these insights for their daily work. When data is free flowing, insights can be extracted and used to address challenges across the business.
Leaders are noticing these benefits and acting to make data more readily available, as we did at Lexmark. To speed up our digital transformation journey and make our data more actionable, we broke down internal silos, empowered employees to analyze and reshare insights, and embraced organizational change.
With the power of data at our fingertips, we pushed ourselves to find areas of our business we could further improve with data analysis. One clear opportunity: our manufacturing efficiency and operating costs.
Using analytics to improve complex processes
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SOURCE Lexmark
