Manufacturers Gain Vision From Breaking Down Silos
Specialty software systems are attractive and appear to fit very specific needs of many businesses, including complicated manufacturing operations. Although a financial system can manage finances and an inventory solution can provide inventory control, these systems keep data separated and that becomes a problem. Data silos restrict vison, delay data sharing and introduce risks.
Data silos can be detrimental to a business, restricting communication, collaboration and access to data. In this perfect storm, businesses lose vision which can lead to poor decision-making with disastrous results. Silos are often found with disparate specialty software or when legacy business systems are no longer aligned with current operations. As discussed in “Streamlining Manufacturing Operations Using IT,” a white paper, successful organizations, especially those in the manufacturing sector, need the free and secure flow of information across all departments within the enterprise. Data must be transparent, wide-reaching and easily tapped at every juncture of the manufacturing process. While this may seem like a tall order, with the right enterprise resource planning (ERP) solution in place, manufacturers can gain greater control and insight over data.
Capture, Analyze and Use Business Data to Drive Growth
Modern ERP integrates processes, information and individuals across functions, departments and locations. By building these bridges, leaders can easily capture, analyze and take advantage of the data being generated each and every day. It’s this very insight that leads to stronger cohesion and strategic decision-making. A cloud-based ERP system enhances these benefits, especially for global manufacturers, by offering:
Faster time-to market: Cloud-based ERP connects all the moving parts of your organization. Entering and accessing real-time data supports faster response and decision-making , expediting time-to-market and reducing the cost of quality.
Stronger compliance: Cloud solutions are flexible and scalable, meaning that functionality can remain aligned with business needs through growth and changes. This flexibility supports stronger quality management and regulatory compliance obligations.
Mobility: A strong cloud solution, like the new Microsoft Dynamics365, offers multi-company, multi-language, and multi-currency functionalities which are necessary for international operations and global supply chains
Don’t let data silos hamper growth or lead to costly mistakes. Download the white paper and contact Techminds Group fabout breaking down silos and integrating business systems with a robust cloud-based ERP solution.
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