With increasing competition and ever more demanding customers, manufacturing is never easy. As the pressure increases, so do the set expectations. Companies are required to meet the demands of their suppliers and customers in a quick, cost-effective, and efficient manner. Consequently, companies are challenged by continuing to increase their profit and gain a competitive edge while doing so.
One of the greatest challenges manufacturers experience to become more competitive revolves around one main issue: Inventory.
In an environment where managers are required to make mission critical decisions based on factual data, rather than assumptions, being equipped with up-to-date and accurate information gives your manufacturing business a competitive edge for the long run. Being able to analyze the cost factors in acquisition of raw materials and sold goods is also important. Giving your managers the insight they require in order to analyze trends of demand and supply will allow them to optimize inventory investment and avoid mistakes such as avoiding short supplies. In order to gain this insight and a consolidation of information systems is required including supply chain systems, sales and marketing, customer relationship management and enterprise resource planning systems to achieve overall effective business processes.
Through the use of Business Intelligence Technology, companies can significantly improve their responsiveness to their suppliers and customers by having greater visibility and control of their inventory in real time.
Join us at Microsoft with Guest Speaker our very own Todd Austin to learn how you can:
• Accelerate production and sales cycles
• Improve management, visibility, and control of inventory
• Respond proactively to internal and external changes based on factual data
You can achieve all of these goals and more with the proper use of Business Intelligence Technology.
This event takes place June 24th, 2011 at Microsoft in Mississauga at 8:30 a.m.- 11:00 a.m.