The growth of data analytics is becoming increasingly crucial in driving efficiency, change, and strategy within enterprises, as highlighted in a LinkedIn post. "According to the recent Global State of Enterprise Analytics Report survey, 57% of enterprises utilize big data and analytics for these purposes"
. Leveraging raw data from various sources including PLC programs, Warehouse Management Systems (WMS), and other system inputs like BOM systems, Workday, and Procurement is essential for optimizing business effectiveness. Understanding the flow of materials throughout processes and implementing appropriate metrics aids in streamlining throughputs across manufacturing operations. Assessing the health of the business from a high-level perspective involves analyzing the contribution of the supply chain to deliverables. Establishing the right measures and structured information derived from raw data can facilitate the development of neurological systems that foster business growth. Furthermore, having a robust material flow plan encompassing BOM categories, virtual field attributes such as CAD layouts with measurements, and adhering to standards like PFEP and FIFO/FIFE is crucial for operational efficiency and success.
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