Business Intelligence: How It Can Transform Manufacturing

Even the layman would know that the manufacturing industry is an inherently complicated endeavor, owing to the many, many factors involved. It has been at the center of some intense change and a lot of this can be ascribed to technology. The evolution of technology over the past few decades has empowered the industry with countless tools and resources, allowing companies operating in the space to continue on the path to growth. Unfortunately, there is one technology that seems to be a tad resistant, Business Intelligence. Researchers have found that despite BI’s popularity, the manufacturing industry is lagging in its uptake of this novel resource.

It has often been chalked up to the dependence on Enterprise Resource Planning systems. While ERP systems are also valuable and have much to contribute, they typically lack analytical skills and that is where business intelligence comes in. For starters, it brings together all of

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Manufacturing & Business Intelligence Software

The Difference: Built for Manufacturing

Generic Business Intelligence (BI), whether a standalone reporting and analytics tool or bundled with enterprise applications can be powerful, but lacks specificity to the unique needs and complexities of process and discrete manufacturing industries.

Manufacturing Intelligence software, on the other hand, is embedded in your manufacturing system of record and includes specialized database structures, naming conventions, reporting and dashboards pre-built to provide the insights a manufacturer needs to manage the business and support continuous improvement.

Manufacturing Intelligence software must support three very unique types of analysis of a single version of the truth across the enterprise:

  • In-Process Analysis – Real-time inline reporting keyed to specific roles, for example, enable the shop floor manager to make quick decisions based on production volume, machine performance or quality levels.
  • Operational Analysis – Intra-day analysis to help business managers evaluate the business to optimize inventory levels, shipments, accounts payable
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Guide to business intelligence for manufacturing

Business intelligence, or BI, is a valuable tool for gathering, organizing and analyzing information from all levels of an organization. For manufacturers, BI software can sift through data from across the supply chain – from orders and materials to production and shipping – and make sense of it all.

This guide contains the answers to your BI questions related to manufacturing. Section 1 offers tips for BI software selection and a glossary of frequently used BI terms. In section 2, discover how to make a business case for manufacturing BI and learn how to calculate the ROI of a BI implementation. Section 3 offers strategies for evaluating BI tools and rating vendors during the manufacturing BI software selection process. In section 4, learn how to plan for a manufacturing BI implementation project, build a BI implementation strategy and find the right people for the implementation team. Section 5 contains manufacturing

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