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Why manufacturers should integrate business intelligence tools into their ERP software

SYSPRO Smarter ERP

Manufacturers rely on data and their ERP platform to answer critical questions: What are our inventory levels? Here’s an example. After all, data is the foundation of digital transformation, and according to McKinsey the pandemic caused companies to accelerate their digital transformation plans by three to four years.

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Capitalizing on ERP trends in 2024

SYSPRO Smarter ERP

ERP trends 2024 – achieving business success through the use of innovative technologies Now that Artificial Intelligence and Machine Learning are firmly established, we expect to see a massive take-up of these technologies by manufacturers in 2024. The other emerging area around AI in ERP focuses on trend analysis and forecasting.

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Four benefits of centralized analytics within your ERP system

SYSPRO Smarter ERP

It’s common that manufacturing and distribution enterprises would use a third-party Business Intelligence (BI) solution to analyze and interpret data from their ERP system. One of the key strategies is leveraging embedded analytics within their ERP system to make faster data-driven decisions.

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How ERP and BI work together

SYSPRO Smarter ERP

This results in inefficient decision-making processes due to siloed data which limits the ability to respond to changing conditions quickly and accurately. ERP and BI have different functions and have been separate systems for many years. What do BI and ERP do?

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Using ERP for flexible manufacturing

SYSPRO Smarter ERP

With modern ERP systems , manufacturers can still be productive, as well as being agile. For example, one Australian manufacturer has converted from making just parts for one automotive customer, to being able to produce many different components for a number of different automotive customers. Shared data is critical.

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Can ERP support lean manufacturing?

SYSPRO Smarter ERP

ERP in lean manufacturing. Data from the ERP system is the first step to optimizing the flow of products and services in your supply chain to reduce waste. ERP supports lean manufacturing in: Reduced inventory waste: As a manufacturer you expect to have a certain level of raw materials and product maintained in inventory.

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10 reasons why you should use an ERP system in manufacturing

SYSPRO Smarter ERP

No longer will spreadsheets and simple accounting packages do; neither will outdated incumbent ERP applications that do not support modern business needs. Here are ten reasons how an ERP system can help manufacturers. 1. Integrated business A big benefit of an ERP solution is business integration.