Manufacturing businesses are under pressure to improve productivity, profitability and innovation in a global epidemic – ensuring data assets stay protected and accessible is one of the most important initiatives for companies to tackle. Michael Watson, from Microsoft, and Martin Boyd, from Profisee will go over the steps you can take to create the foundation of data that will allow you to gain agility and efficiency.
To successfully transform manufacturing into an efficient and digital company, it must be able to accept and harness data – but how do you achieve this if your data isn’t consistent, sufficient, or incomplete? A successful data strategy for manufacturing must be based on strong governance. This will ensure that data is collected, stored and accessible in a timely way.
The top performers in the manufacturing industry are embracing a holistic approach to managing data that includes implementing an MDM hub to consolidate customers, vendors as well as product information in a single repository. This makes it easy for teams to access the information they require, and allows them to collaborate.
This allows manufacturers to create a digital trail of what happens to the parts during production. This is essential to troubleshooting production issues as well as optimizing processes and tests. It allows you to determine the issues that occurred with a safeguard your business’s vital information machine during a particular production run and why, which enables you to act faster in the event of a crisis, and also become more resilient as an enterprise.