An EvoNexus Incubator Company
Manufacturers across the globe in every industry sector, from oats to oil to automobiles, have struggled for decades to effectively and cost efficiently verify the origin, quality, and safety of the materials that go into their finished products as well as guarantee the efficacy of their own manufacturing processes. ThinkIQ has developed a groundbreaking software platform that takes advantage of the emergence of IIoT, big data, data analytics, and cloud computing to take data from sensors and business systems and deduce across the entire manufacturing supply chain, in a non-invasive, operationally efficient, and cost-effective way, exactly how products are made.
Customer benefits include:
-Daily reduction of material waste, energy usage, and production variances;
-Daily reduction of unnecessary material movements and transportation;
-Overall reduction in COGS and working capital tied to inventory; and,
-Overall increase in profitability, customer engagement, and brand loyalty.