Hang out on any trade show floor these days and there’s one topic that seems to dominate conversations: predictive analytics. Still relatively new in the supply chain arena, the technology promises to help companies become proactive rather than reactive with their systems. The potential for cost savings and reduced downtime is enticing, but the question remains whether the technology is ready in for areas of the warehousing environment.
In particular, facilities are still sorting out the current value of predictive analytics in regards to maintenance, repair and operations (MRO). While the technology certainly shows potential, and is proving itself out in other areas, predictive analytics with MRO may not quite be ready for prime time.