With the pressure on manufacturing companies to maximize productivity, profitability, and innovation in the face of a global pandemic – ensuring data assets stay safe and accessible is among 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 create a solid foundation for data that will help you increase your agility and efficiency.
Manufacturing must be able to harness and integrate the data to become a digitally efficient and profitable business. But how do you accomplish this when the data you’re using is incongruous, insufficient or insufficient? A successful manufacturing data management strategy must commitment to strong governance in order to ensure that critical information is collected and stored in a timely manner and is easily accessible and used whenever you need it.
The top performers in the manufacturing sector are adopting a more holistic approach to managing data that includes implementing an MDM hub that consolidates the customer, vendor products, and other important information in a single repository. This allows teams to quickly access the information they need and allows them to work together.
This also lets manufacturers create a digital trace of what happens to the parts throughout the production process, which is essential for diagnosing production issues and enhancing tests and processes. It helps you determine what went wrong on a machine during a particular run and why, which enables you to act faster in the event of a crisis, and also become more resilient as an enterprise.