Enterprise Performance Management for SMB Manufacturers
To sharpen their competitive edge, progressive manufacturers are continuously collecting and analyzing business critical operational data that extends from the shop floor to the top floor. Their goal: to see how financial, plant floor, customer service, and marketing performance meet business objectives - such as increased sales and customer retention, as well as reduced cycle times.
The practice is typically referred to as Enterprise Performance Management (EPM). And the influx of new tools and techniques is making EPM more affordable and productive for small and mid-size (SMB) manufacturers. In fact, there are a variety of options SMBs can explore that combine strategic goal-setting and alignment with business planning, forecasting and modeling.
But with options comes confusion. There are tools from traditional Business Intelligence vendors that address EPM from a reporting and query/analysis tools perspective. There are tools that take a budgeting and activity-based costing perspective. And then there are built-in analytics that come with enterprise resource planning suites. These are aimed at helping customers interpret the real-time business-critical operational data that resides in their systems using KPIs viewable through intuitive dashboards. The ERP route can be a good option for SMB manufacturers that don't have the time or money to get enmeshed in a best-of-breed implementation.
Attend this information-packed webcast and learn:
- EPM trends in SMB manufacturing - and beyond
- How to select an EPM approach that fits your business circumstances
Register for this Managing Automation Webcast to learn how Enterprise Performance Management (EPM) delivers on business objectives such a financial, plant floor, customer service, and marketing performance. Our presenters will discuss the new tools and techniques that are making EPM more affordable and productive for small and mid-size (SMB) manufacturers.