With the pressure on manufacturing companies for profitability, productivity and innovation in a global epidemic – ensuring that data assets remain secure and accessible is one of the most important initiatives for companies to tackle. Michael Watson, from Microsoft and Martin Boyd, from Profisee will discuss the steps you can take to build the foundation of data that will help you increase your agility and efficiency.
Manufacturing must take advantage of and harness the data to become a digitally streamlined and successful business. But how do you accomplish this in the event that your data source is not consistent, adequate or even incomplete? A successful manufacturing data management strategy must concentration on strong governance to ensure that vital data is gathered and stored in a timely manner and is easily accessible and utilized manufacturing m&a tips at any time you require it.
More and more, top performers in the manufacturing industry are adopting a comprehensive approach to data management which includes the implementation of an MDM hub to consolidate vendor, customer and product data into a single repository. This lets teams easily access the information they require and makes it easier for them to collaborate.
This allows manufacturers to create a digital trail of what happens to parts during manufacturing. This is crucial to identify issues in production and enhancing processes and tests. It helps you determine what went wrong during an individual run of a machine and the reason. This allows you to react quicker in times of crisis and become more resilient.