Modernising the manufacturing value chain with data
09 October 2019 | Web Article Number: ME201916620
AS traditional boundaries continue to evolve, and markets become increasingly globalised, the digital supply chain is creating organisations that can compete anywhere in the world, from any location. This allows for source, make and delivery processes that are adapted to compete globally.
That’s according to Kree Govender, Managing Director at South Africa Qlik Master Reseller (SAQMR), who added that data holds immense power to drive efficiency.
“Data analytics plays a crucial role in the modernisation of the value chain. In manufacturing, connectivity and sensors enable product and production while data rich services ensure faster innovation for shorter product lifecycles,” Govender said.
The key to creating real value is to ensure that the value chain’s performance is amplified, within the manufacturing process and beyond. “Once products leave the factory, the innovation cannot end. Products must continue to evolve even after leaving the factory to stay ahead of the competition, with service updates, feature editions and product accessorising,” he said.
How can this be achieved? With innovations, thanks to 4IR, driven by machine data, customer usage and social media feedback.
“It’ all about the data. With reliable information at hand, in an understandable and accessible format, companies can make better business decisions based on real business data. Every business holds the information they need to operate more efficiently, if only they accessed it effectively.”
Govender said that with a shorter time to value, manufacturers can create insight into their businesses instead of wasting time on static reports. With an understandable dashboard, complex data is presented in a simplified, visual way without losing the power of the insights. This empowers management to make better decisions, faster and leads to the efficient management of global operations, driving millions in value.
“In our experience, people are smart and naturally assess what they are presented,” said Adam Barrie-Smith, Chief Technology Officer, SAQMR. “This increases when the person is involved in filtering, navigating and extending visualisations. “Academia has shown how to present complex data, and Qlik has enabled the business user to move beyond modern visualisation into a collaborative analysis playground where they can be truly involved in uncovering value in data,” Barrie-Smith said.