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 the company’s data from all systems and sources to deliver reliable and highly actionable analyses and reports. But don’t worry, there is much more business intelligence than that. Discussed below are some of the critical aspects of the manufacturing business and how BI helps in this regard.
It is clear as day that manufacturing is a complicated endeavour, but one that can be significantly eased with some quality help from BI. So, go ahead and get started on the business intelligence development project for your business right away!
Posted 1 March 2021
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