The Benefits of Big Data and SYSPRO

It used to be that records were lumped into two categories. In the simplest terms, data was either considered an asset or liability.

• Data as an assetconsidered things like intellectual property, customer and vendor lists, and some financial information—such as pricing and margins.
• Other data, including most financial (like invoices and receipts), quality metrics, and output data were considered liabilities.

Due to the expense of storage, most companies only kept what was necessary to fulfil regulatory compliance. With the decreasing price of digital storage, increased computational power, and ease of capturing information, companies are storing more data than ever before. But, until companies had a way to utilize that data, what was once categorized as a liability is still a liability and ended up as overhead. Now, mid-size manufacturers are able to invest in tools and processes that address how to use this data to increase profit and productivity and improve customer satisfaction.

SYSPRO provides technology that manages, analyze and process your business information, and provides access to relevant and critical information from anywhere at any time and on any device.

By using Big Data analytics with SYSPRO can point the way to the following business benefits throughout your supply chain:

• Reducing processing flaws through better detection of defects in the manufacturing/production processes
• Improved production quality
• Improved operational efficiency
• Improved customer service