Metrics are everywhere in manufacturing organizations, from accounting to sales and quality to production. Manufacturing is all about precision and quality. Parts are made to exact dimensional specifications and measured against fastidious engineering standards. Managing manufacturing businesses and operational processes requires the same attention to detail to boost sales, contain costs, improve efficiency, and grow profits. Most manufacturers pay careful attention to metrics to drive daily decisions, improve quality, reduce risk, and guide operational excellence throughout their organizations.
However, executives often struggle to make sense of the information due to data issues, lack of strategic vision, missing benchmarks, and a focus on lagging indicators. Further, departmental metrics do not always align with corporate goals, and manufacturing leaders experience “paralysis by analysis” with too many metrics. Consider that there are thousands of financial, sales, manufacturing, and operational metrics that manufacturers develop and monitor to drive improvements throughout every aspect of their business. But what are the most critical metrics that transcend industry segments that everyone should consider? Discover how modern cloud applications empower manufacturing executives and departmental managers with real-time insights through role-based dashboards, live reports, and inquiries with drill-downs to source transactions. Learn how to identify top-line metrics to drive growth and how to prioritize and implement metrics within your organization.
Attendees will learn how to:
- Boost sales, maximize resources, and improve profits with a comprehensive and modern manufacturing ERP system.
- Gain insights to reduce waste, increase throughput, and understand job costs for greater profitability.
- Manage your business and operations by exception by focusing on the most essential business metrics.
- Access real-time insights to monitor strategic business process improvement initiatives.
