Intelligent CIO North America Issue 36 | Page 20

LEVERAGING PRODUCT AND MANUFACTURING INFORMATION TO EFFECTIVELY GAIN INTELLIGENCE
LATEST INTELLIGENCE

TRACEABILITY AND LIFECYCLE INTELLIGENCE

LEVERAGING PRODUCT AND MANUFACTURING INFORMATION TO EFFECTIVELY GAIN INTELLIGENCE
PRESENTED BY
Download whitepaper here

eExecutive Brief

More than ever before , consumers want to be able to easily access a variety of details about the products they buy . Data such as ingredients , level of sustainability and the where it was sourced is becoming more important to enhance the product experience . This transparency enables consumers to be informed about the eco-responsibility of their brand . Details around a product are no longer just marketing claims ; they are statements that companies must be able to back up with data . Gaining visibility into the performance of manufacturing across the supply chain is a big challenge and means companies are in a constant battle to collect information and then make it actionable .
Complexity in leveraging growing amounts of data
Over the past five years , the majority of consumer product and retail companies have focused on collecting enormous amounts of data . When manual analytics are run on data stored inside a common database , context is easily lost . Companies can present insights into individual silos of information but cannot gather intelligence across common processes or from information stored in various global manufacturing facilities . In the absence of data contextualization , it is difficult to run analysis and gain insights on innovative practices . More specifically , when considering the current processes for collecting and connecting data that showcase process reliability and effectiveness on the shop floor , companies often struggle to find effective ways to capture , analyze and present information in a userfriendly way .
Many companies in the consumer products and retail ( CP & R ) industry have acquired automation , manufacturing execution and enterprise resource planning ( ERP ) systems during the past decades . These systems have become part
20 INTELLIGENTCIO NORTH AMERICA www . intelligentcio . com