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Why is Business Intelligence Becoming More Important to Manufacturers

Axolon ERP Software UAE helps manufacturing companies with data integration, business analysis, and reporting.

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Why is Business Intelligence Becoming More Important to Manufacturers

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  1. Why is Business Intelligence Becoming More Important to Manufacturers? Manufacturers currently face challenges due to a combination of factors including limited margins, labor shortages, rising raw material costs, and tight supply chains. Manufacturers need to put more effort and use the latest data analysis techniques to turn the tide. The business intelligence and data analytics capabilities of ERP are more important than ever for manufacturers because they enable better decision- making.

  2. What is Business Intelligence? Business intelligence (BI) is an operational and technical framework for collecting, storing, and evaluating data generated by a company's operations. This allows you to make smarter decisions to ensure long- term stability. With BI insights, you can pinpoint operational vulnerabilities, use deep analysis to identify bottlenecks in production processes, optimize machine performance, and more. Business Intelligence (BI) refers to the technologies and tools that businesses use to manage and analyze business data. Other features include reporting, data mining, predictive analytics, descriptive analytics, process analytics, and data visualization to make your daily operations more efficient and profitable. Data-driven decision-making is now essential to staying competitive. As more manufacturers outsource their operations overseas, they need better ways to optimize production at the factory level. Accessing real- time information about manufacturing processes is becoming an essential task. ERP and BI. What about intervention? Most manufacturers now have access to BI through their ERP. BI tools need data to work, and ERP has a database of all company records. As a result, her ERP with integrated BI makes it easy to create predictive reports. By using BI-enabled ERP software, companies can identify when raw materials are in short supply or when more workers are needed on the production line. Manufacturers can also receive alerts

  3. when they are operating in overcapacity mode or are at risk of running out of stock. The objective is to ensure that production runs optimally, reducing business risks and increasing profitability. Key features of ERP with integrated BI Below is a list of the many benefits of implementing a business intelligence ERP system for your manufacturing company. customized dashboard custom report data visualization Alerts and notifications about upcoming events Preventive maintenance Recognize marketing trends Improved business forecasting Axolon ERP Software UAE helps manufacturing companies with data integration, business analysis, and reporting. Integrated BI makes it easy to analyze large amounts of data, make business predictions, make strategic decisions, and more.

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