Manufacturing organisations face increasing consumer demands in a fast-changing environment and global marketplace with new regulations and unprecedented growth in data.
Identifying, analysing and managing this data leads to streamlined business operations, improved customer service, better control and visibility of operations and smarter decisions.
The Big Picture
18 out of 20 companies feel they cannot view the big picture fast enough and have to rely on outdated data, according to research conducted in 2017 by SimFactory regarding current challenges of electronics manufacturing services.
Out of date legacy systems are at a disadvantage in a fast-paced environment with resources spread over multiple, ageing systems. An integrated approach can optimise and speed up operations, ensuring data is accessible at all times in a centralised system.
Manufacturing businesses can no longer function in silos, separating production systems from delivery processes and customer service management. Also, learning and manually updating multiple systems with weak functionality leads to inefficiency and poor productivity.
The solution is, foremost, to unify business processes and boost efficiency with automated tasks and workflows through a capable, intelligent enterprise resource management platform. The integration with familiar business tools eases this process further.
“We are able , using the technology of D365 Business Central to help SME’s mitigate risk, have complete control and drive growth, at the fraction of the cost of large ERP implementation” – Craig Garrett, Client Partner Decision Inc.
Businesses need to make provisions for a scalable, flexible and easy-to-use software solution that can centralise and secure critical business data, adapt quickly to industry changes and meet business growth needs.
“Using the technology of Dynamics365 Business Central, we are able to help SMEs mitigate risk, have complete control over their business operations and drive growth, at a fraction of the cost of large ERP implementation,” says Craig Garrett, Client Partner Decision Inc.
According to the SimFactory research mentioned above, 19 out of 20 companies admit they possess data but feel that they are rarely using it to learn.
Integrating, automating and managing data is the first step to streamline and strengthen manufacturing operations. Gaining a better insight and understanding of the business and its future goals – and acting on these insights – is the next step.
The manufacturing value chain needs to evolve to become an integrated data-driven system that enables actionable insights leading to more intelligent decision-making in the organisation.
Specifically, companies can achieve greater outcomes and gain a complete view of their business with connected data, business analytics, and leading intelligent technologies, i.e. artificial intelligence and machine learning.
Business intelligence in manufacturing includes the ability to anticipate demand, predict potential problems and meet changing consumer needs profitably while keeping costs down and increasing productivity.
Decision Inc. Immix can help you make informed decisions with the right data across your business giving you an end-to-end view of your operations.
Accelerate and improve financial forecasts by modelling and analysing data across multiple dimensions.
Integrate. Automate. Grow your business faster with Dynamics 365 Business Central and Decision Inc. Immix.