Beyond Six Sigma - can Fero Labs' explainable ML drive new breakthroughs in manufacturing quality?

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Summary:
Manufacturers are obsessed with quality - but have they reached a wall with the tools at hand? Fero Labs is seeking to change that, via a practical application of "explainable" ML and IoT.
Over the past four decades, complex, large-scale manufacturing processes have been defined, measured, analyzed, refined, improved upon, Six-Sigma-ed, into efficient producers of products that are safe, reliable and profitable.
But, there are signs that manufacturers are reaching the limits of quality improvement using only the old methods that reshaped American manufacturing in the 1980s. 
That's where Fero Labs, a New York-based startup that makes actionable machine learning software for improving processes and increasing quality of manufacturing facilities comes in. In a telephone interview, CEO Berk Birand explained:

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