{"id":10720,"date":"2024-03-21T09:00:48","date_gmt":"2024-03-21T07:00:48","guid":{"rendered":"https:\/\/ca.syspro.com\/blog\/?p=10720"},"modified":"2024-03-22T19:02:54","modified_gmt":"2024-03-22T17:02:54","slug":"how-to-improve-your-manufacturing-processes-with-business-intelligence","status":"publish","type":"post","link":"https:\/\/ca.syspro.com\/blog\/erp-for-manufacturing\/how-to-improve-your-manufacturing-processes-with-business-intelligence\/","title":{"rendered":"How to Improve your Manufacturing Processes with Business Intelligence"},"content":{"rendered":"<p>For manufacturers, having the right business intelligence on hand at the right time can eliminate the guesswork from decision making, offering real-time visibility into <a href=\"\/business-software\/business-management-software\/business-process-management-software\/\" target=\"_blank\" rel=\"noopener\">business processes<\/a> so you can anticipate your next move. Think of it like looking through a windshield on a clear day when you\u2019re driving, compared to navigating in the fog.<\/p>\n<p>But producing timely, accurate and relevant business reports is not as easy as it sounds. In recent years, the amount of data available to most companies has exploded. Yet many organizations struggle to support, filter and manage it. Common issues include:<\/p>\n<ul style=\"list-style-type: square;\">\n<li>Lack of data-source integration. The ability to gather and compare data from multiple sources is vital to making real-time decisions. But with legacy systems, incompatible devices, and disparate databases, information tends to be held in siloes that don\u2019t integrate well with each other and often require expensive middleware.<\/li>\n<li>Scarce manpower. As your data expands beyond a single system, collecting, preparing and processing information for accurate reporting gets resource intensive and expensive. Staff members must have the IT skills needed to log into multiple systems, gather data and create relevant reports. Yet many manufacturers don\u2019t have an IT department at all, or if they do, it often consists of a single individual wearing multiple hats.<\/li>\n<li>Data warehousing costs rise. Storage costs increase significantly when you duplicate data across multiple sources.<\/li>\n<li>Human error. When data must be moved manually, via exports from one system to another or from a system to a warehouse, there\u2019s the potential for errors to creep in.<\/li>\n<\/ul>\n<h2>Benefits of business intelligence in manufacturing<\/h2>\n<p>When combined with the power of your <a href=\"\/product\/erp-system\/\" target=\"_blank\" rel=\"noopener\">ERP system<\/a>, a modern data management solution can help manufacturers connect to and integrate information from any data source (including CRM or HR systems). By streamlining and accelerating data collection and analysis, you get the insights you need for effective decision-making.<\/p>\n<p>Here are five ways you can benefit from a modern data management solution:<\/p>\n<ol>\n<li>Gain out-of-the-box insights. Pre-built analytics allow even non-tech savvy users to get crucial business intelligence fast.An effective data management solution makes information easily accessible via a central dashboard, with tabs geared to various business departments (from sales to finance, production and inventory). It gives you the ability to drill down into the <a href=\"\/business-software\/business-management-software\/business-performance-management\/\" target=\"_blank\" rel=\"noopener\">performance of each department<\/a> easily through relevant reports which can be accessed in minutes , rather than waiting days, weeks or months for data to be collated and analyzed.For instance, your chief financial officer can see at a glance how the company is performing and has immediate access to the latest data on net sales, gross margins and operating profits.\n<p>Your production manager, on the other hand, can retrieve <a href=\"\/business-processes\/order-management-system\/\" target=\"_blank\" rel=\"noopener\">pre-built stats and reports<\/a> on current order status, order fulfillment, efficiency and production costs. Better yet, information can be displayed in whatever format you choose, from charts to Excel-style tables.<\/li>\n<li>Automatically refresh your data. Your database gets constantly refreshed so that users can easily drill down to the transaction level at any time. For example, with a few clicks of a mouse, your CFO can access a <a href=\"\/business-software\/business-management-software\/\" target=\"_blank\" rel=\"noopener\">detailed expense report<\/a>; determine which customers are currently generating the lion\u2019s share of orders and which are behind in payments; and assess how performance has changed over varying time periods.<\/li>\n<li>Eliminate reporting inconsistencies and data redundancy. The risk of data duplication is relatively high with conventional databases. When you automate data management, you ensure information is centralized and appears only once, reducing data redundancy. And because there is no need for manual data collection, the data stays clean, and you eliminate reporting inconsistencies.<\/li>\n<li>Reduce data warehousing costs. You now have one central source of information, allowing you to reduce redundant data infrastructures and drastically cut the cost of storing multiple documents in multiple different places.<\/li>\n<li>Get comprehensive real-time access to business intelligence. When information is centrally connected, it becomes easier to answer business questions in real-time. There\u2019s no need for IT staff to export data out of one system, clean it, import it into another reporting tool and make it presentable to answer C-Suite\u2019s inquiries. Reports can be shared, and they remain real-time.You can also opt to send those reports to specific groups (think C-suite execs or sales reps) either at specific times, on a recurring schedule, or once a certain threshold has been met (for example, when cash on hand gets below a specified amount).\n<p>The upshot: your entire team has access to <a href=\"\/business-software\/business-management-software\/business-insights\/\" target=\"_blank\" rel=\"noopener\">actionable insights<\/a> that can help them improve decision-making and identify trends, threats and opportunities.<\/li>\n<\/ol>\n<p>To find out more about the benefits of taking a digital approach to data management, check out <a href=\"https:\/\/canada.syspro.com\/en\/unlock-the-power-of-your-erp-data\" target=\"_blank\" rel=\"noopener\">this webinar<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> 3<\/span> <span class=\"rt-label rt-postfix\">minutes<\/span><\/span>For manufacturers, having the right business intelligence on hand at the right time can eliminate the guesswork from decision making, offering real-time visibility into business processes so you can anticipate your next move. Think of it like looking through a windshield on a clear day when you\u2019re driving, compared to navigating in the fog. But &#8230; <a title=\"How to Improve your Manufacturing Processes with Business Intelligence\" class=\"read-more\" href=\"https:\/\/ca.syspro.com\/blog\/erp-for-manufacturing\/how-to-improve-your-manufacturing-processes-with-business-intelligence\/\" aria-label=\"Read more about How to Improve your Manufacturing Processes with Business Intelligence\">Read more<\/a><\/p>\n","protected":false},"author":225,"featured_media":10729,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-10720","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-erp-for-manufacturing"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Business Intelligence to improve manufacturing business processes<\/title>\n<meta name=\"description\" content=\"Discover how manufacturers can overcome data integration hurdles and enhance decision-making with real-time insights. SYSPRO ERP Blog\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/us.syspro.com\/blog\/erp-for-manufacturing\/how-to-improve-your-manufacturing-processes-with-business-intelligence\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Business Intelligence to improve manufacturing business processes\" \/>\n<meta property=\"og:description\" content=\"Discover how manufacturers can overcome data integration hurdles and enhance decision-making with real-time insights. SYSPRO ERP Blog\" \/>\n<meta property=\"og:url\" content=\"https:\/\/us.syspro.com\/blog\/erp-for-manufacturing\/how-to-improve-your-manufacturing-processes-with-business-intelligence\/\" \/>\n<meta property=\"og:site_name\" content=\"SYSPRO Blog\" \/>\n<meta property=\"article:published_time\" content=\"2024-03-21T07:00:48+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-22T17:02:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ca.syspro.com\/blog\/wp-content\/uploads\/2024\/03\/How-to-improve-manufacturing-processes-with-BI.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"900\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jamie Veinot\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jamie Veinot\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/us.syspro.com\/blog\/erp-for-manufacturing\/how-to-improve-your-manufacturing-processes-with-business-intelligence\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ca.syspro.com\/blog\/erp-for-manufacturing\/how-to-improve-your-manufacturing-processes-with-business-intelligence\/\"},\"author\":{\"name\":\"Jamie Veinot\",\"@id\":\"https:\/\/ca.syspro.com\/blog\/#\/schema\/person\/114f83a5011dfda7d730f8feaa119407\"},\"headline\":\"How to Improve your Manufacturing Processes with Business Intelligence\",\"datePublished\":\"2024-03-21T07:00:48+00:00\",\"dateModified\":\"2024-03-22T17:02:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ca.syspro.com\/blog\/erp-for-manufacturing\/how-to-improve-your-manufacturing-processes-with-business-intelligence\/\"},\"wordCount\":784,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ca.syspro.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/us.syspro.com\/blog\/erp-for-manufacturing\/how-to-improve-your-manufacturing-processes-with-business-intelligence\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ca.syspro.com\/blog\/wp-content\/uploads\/2024\/03\/How-to-improve-manufacturing-processes-with-BI.jpg\",\"articleSection\":[\"ERP for Manufacturing\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/us.syspro.com\/blog\/erp-for-manufacturing\/how-to-improve-your-manufacturing-processes-with-business-intelligence\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ca.syspro.com\/blog\/erp-for-manufacturing\/how-to-improve-your-manufacturing-processes-with-business-intelligence\/\",\"url\":\"https:\/\/us.syspro.com\/blog\/erp-for-manufacturing\/how-to-improve-your-manufacturing-processes-with-business-intelligence\/\",\"name\":\"Business Intelligence to improve manufacturing business processes\",\"isPartOf\":{\"@id\":\"https:\/\/ca.syspro.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/us.syspro.com\/blog\/erp-for-manufacturing\/how-to-improve-your-manufacturing-processes-with-business-intelligence\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/us.syspro.com\/blog\/erp-for-manufacturing\/how-to-improve-your-manufacturing-processes-with-business-intelligence\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ca.syspro.com\/blog\/wp-content\/uploads\/2024\/03\/How-to-improve-manufacturing-processes-with-BI.jpg\",\"datePublished\":\"2024-03-21T07:00:48+00:00\",\"dateModified\":\"2024-03-22T17:02:54+00:00\",\"description\":\"Discover how manufacturers can overcome data integration hurdles and enhance decision-making with real-time insights. 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His success is rooted in his commitment to thoroughly understanding the products and services he represents. Throughout his career, Jamie has held various senior management positions in software, telecommunications, and IT recruitment sectors. Since joining SYSPRO in 2008, he has worked in various roles, including sales, solutions engineering, and consulting. In his current role, Jamie oversees the implementation of the product vision\/mission in the region. His duties involve grasping customer experience, rectifying product gaps, and formulating strategies to boost market share, customer satisfaction, and business expansion. He has obtained numerous SYSPRO and Product Management certifications and was recently recognized with the prestigious Global CEO award for Customer Centricity at SYSPRO.","sameAs":["https:\/\/ca.linkedin.com\/in\/jamie-veinot-a32a406"],"url":"https:\/\/ca.syspro.com\/blog\/author\/jamieveinot\/"}]}},"metadata":{"_edit_lock":["1711126846:224"],"_edit_last":["224"],"_thumbnail_id":["10729"],"_wp_page_template":["default"],"_webdados_fb_open_graph_specific_image":[""],"_yoast_wpseo_primary_category":["21"],"_yoast_wpseo_focuskw":["business intelligence"],"_yoast_wpseo_metadesc":["Discover how manufacturers can overcome data integration hurdles and enhance decision-making with real-time insights. 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