Manufacturing
Improve enterprise quality, lower costs associated
with poor quality, and increases production yield
The manufacturing industry is going through another phase of evolution, with continuous improvements on products, and adapting to innovative ideas to optimize inventories, demand forecasting, supply chain planning, logistics. Some organizations are even transforming themselves into value-added service providers, monetizing the production, sales, customer usage data, insights from the products into a licensable intellectual property to other businesses.
The new-age manufacturers’ reliance on the data is increased many folds as the organizations are looking for faster access to trusted and relevant data to make better business decisions and innovating the new products and services to add value to the organizations. Leading manufacturing organizations are investing heavily in digital initiatives that start with trusted, governed, and relevant data to fuel their growth objectives. The first steps towards this initiative are to improve the quality of the data, improve trust, create master data of products, vendors etc. to help provide the right context when combining data from multiple sources to support new business initiatives.
Digital technologies are enabling both people and equipment to collect and process the facts they need to achieve better results. This data, if we can combine it with the Master data, can help manufacturers to increase speed to market, improve compliance and strengthen end-to-end processes through high-quality data, and automated workflows.
HOW DOES THE DATA INSIGHTS PLATFORM ENABLE BETTER MANUFACTURING QUALITY?
Catalog Creation
- Business data definitions related to manufacturing must be defined clearly with relevant data through Amurta’s DIP Business glossary.
- Integrating with published public catalogues and the ability to reuse data efficiently, helps reduce a large overhead cost.
Reduce Supply Chain Risk and Support Compliance
- Ensuring and keeping the quality of product data safe along the entire product life cycle and information supply chain is a key requirement that supports intelligent and holistic data governance.
- Embedded data governance and high-quality, rich product information are prerequisites for providing consistent content to customers and the partner ecosystem through Amurta’s policy management.
Manage and support high-quality product information
- Manufacturers need a way to ensure high-quality, consistent product information is used along the entire product life cycle.
- Amurta’s DIP comes with industry-leading data quality capabilities, ensuring all product data is standardized and mastered.
- Data stewards can use automated data validation rules and dashboards to make the right business decisions.
- Integrating with published public catalogues and the ability to reuse data efficiently, helps reduce a large overhead cost.
Fuel Other applications with Trusted Data
- Based on high-quality product and supplier information through Amurta’s MDM, industrial manufacturers can manage all Products, Bill of Materials, Customers, supplier, component, and sales product content in one central location, which can be published to other downstream systems.
- Besides, the organization can also use this data to reference with other business and analytical applications, including ERP, CRM, HRMS, MES, Supply Chain, Logistics, financial systems such as accounts payables, receivables, and other external tools for demand planning and optimization
Ensure Supplier Contract Compliance and help supply chain optimization and pricing
- Ensuring high-quality, up-to-date data is a key requirement for efficient supply chain operations and greater supplier relationships.
- When partnering with an external chain of suppliers, and sub-suppliers, 3PL logistics providers in different countries, it is essential to have complete transparency of data at each point of sourcing i.e. to know the suppliers, their sourcing, supply chain traceability, risk assessment, and compliance. With Amurta’s Governance principles and the Governance process management, you can track the process and tie with the policies to benefit both on the supply chain as well as the policy adherence
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If you have queries or are ready to discuss how our Data Insights Platform can help you improving your organization govenance process.
