1 . Smart systems – getting the right information to the right people at the right time
Data-driven insights are crucial for manufacturers , but data management remains a huge time sink for many businesses that still rely on legacy systems as they can ’ t share data with other business systems . To improve efficiency and production , a horizontal integration is required between operational systems and vertical integration through connected systems , on top of an endto-end holistic integration throughout the entire value chain . So how can manufacturers make this happen ?
Firstly , the business process causing the most pain and its data must be identified and analyzed for inaccuracies . This will allow manufacturers to build a data strategy to reduce waste and optimize the data value stream with smart technologies .
Integrated data collecting and analytics tools such as a CRM and ERP systems can help manufacturers maximize productivity by removing data siloes , reducing manual labor , and provide an entire view of customer habits . This in turn , helps manufacturers offer a more personalized experience and track customer behavior that supports future growth opportunities .
2 . Replace reactive operating models with proactive ones to optimize production
For manufacturers to become more efficient , productive , and increase margins they must move from a reactive operating model to a proactive , predictive one that leverages
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