Big data in manufacturing
Let's take a look at the sheer volume of data sets generated during manufacturing processes, so vast and complex that it is impossible to analyse using ordinary data processing tools. Collating and extracting critical information relating to any and all aspects of this process ensures that you have full visibility of operations.

The availability of precise real-time data means that manufacturers no longer need to make crucial decisions based on gut feel or past experience; they get a dynamic view of the intricacies of their business from end-to end.  This is driving a revolution in the way that leading manufacturers use complex data to gain competitive advantage and streamlines processes.

To facilitate reporting capabilities, and summarise expenses for accurate quoting and allocation of resources, a large East African distributor realised that its decentralised system was not consolidating data to ensure accurate planning and project management.

Headquarters required accurate data that reflected the work they were doing but they were unable to supply it in real time. Often they were only able to identify problem areas when they were discovered at the end of the financial year. This had a direct negative effect on their bottom line.

This highlighted the need for a consolidated system that would help them to mine data with a view to improving efficiencies and ultimately to gain a competitive advantage.

Advantages of harnessing big data
Improved visibility into the manufacturing process makes it possible to track trends, identify problem areas such as wastage, facilitates precise quoting, accurate procurement and better planning, all of which have a direct impact on your customers ensuring that you meet their needs promptly and more efficiently.

Big Data allows for ever-narrower segmentation of customers and therefore much more precisely tailored products. Big Data can also be used to develop the next generation of products and services.

For instance, manufacturers can use data obtained from sensors embedded in their products to create innovative after-sales service offerings such as proactive maintenance or upgrade options.

Using data to improve business intelligence is crucial for quick decision making based on real facts. Leveraging technology and data makes it possible to organise data based on facts and focus areas so that you can make the most of resources and maximise profitability.

Big data can bring with it complexity but the rights tools can help manufacturers to organise, prioritise and extract critical information. This makes justifying the expense of implementing a solution simple, as the benefits it offers directly impacts the bottom line.

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The author is Channel Director for Epicor in the Middle East, Africa & India.