Real-time analytics with manufacturing software systems
In his 2016 outlook for manufacturing enterprise resource planning, Stewart Florsheim of Manufacturing Business Technology identified ERP as a key to turning real-time analytics into a competitive advantage. With the Internet of Things, businesses have access to more data than ever before. A robust business management software system will allow enterprises to take action with this data to reach new markets, optimize production and more.
Florsheim stated that the Internet of Things grants manufacturers "unprecedented access to data on how people are actually using their products, enabling them to refine their offerings to better suit individual customers or markets." Sophisticated ERP software allows the entire enterprise to access real-time data on every facet of the supply chain, from vendors and suppliers all the way to the end users.
With cloud-based mobile technology, employees can access up-to-date information on everything from workflow protocols to customer records. ERP software automates tasks so employees can focus on serving customers and developing better products. The data integrity improvements from ERP software slashes waste from delays or incorrect orders.
Real-time analytics allow enterprises to operate in a smarter, more agile manner. According to Software AG's predictions for technology in manufacturing, companies that use real-time analytics will be able to "transform their operating models and digitally connect processes, events, actions, internal associates and external partners."
Accent Software's team has been helping manufacturers implement powerful ERP software for over 15 years. We walk your team through every step of the process while providing ongoing service and training. Contact us to see how we can help your business.