Enhancing Productivity by Implementing a Smart Factory (Part 2)

Managers have to make sense of all information which is fed into systems from all arms of an organisation, which can be a very time consuming process. Business intelligence dashboards have the ability to consolidate the data and provide greater oversight so is an option worth exploring if your business goals compromise optimising processes.

This kind of software solution helps in identifying areas of improvement, such as removing production bottlenecks and supports in processing orders more efficiently in comparison to the conventional way. This is done using scheduling and planning systems to identify the impact of schedule changes and planning different scenarios; answering the ‘what if’ questions, or ‘can we take on this rush order?

Increased productivity in back-office functions

Back-office functions are often a last thought, especially when c-suite are dedicated to and passionate about perfecting a product or service, but the importance of streamlining admin work should not be overlooked. It might seem more worthwhile to invest in machinery that increases current production, but a digital system that will automate time-consuming admin tasks such as searching for information, data or documents and verifying that data, chasing people for review and sign off and other tasks such as time sheets is also very beneficial.

As well as taking up a lot of time, these avoidable tasks also mean that mistakes happen, human errors occur and products are delivered late as staff are often time pressured. Investing in a cloud based software solution can ensure a more efficient approach, allowing workers to spend more time on their core tasks.

Increased sales through stronger customer relationships

For those whose main priority is increasing sales through a stronger customer base, integrating a customer relationship management (CRM) system with an ERP allows manufacturers to identify sales trends and anticipate orders, liaise with clients as well as ensure forecast demand is able to be fulfilled. Software solutions which incorporate the technology from Industry 4.0 will allow more accurate and open communications, helping businesses to build and maintain rapport with their clients.

A digital system will also allow people within the business to collaborate on projects online meaning you can automatically notify customers on the progress of their orders.

Source: Businessnewswales