ERP and IoT Build Connected Enterprises
The Internet of Things (IoT) is one of the more nebulous terms to have entered the digital lexicon. Gartner defines IoT as the “network of physical objects that contain embedded technology to communicate and sense or interact with their internal states or the external environment.” Let’s get a little more specific: say you have a robotic arm on your manufacturing shop floor. This robot not only performs rote tasks but also produces data that is automatically synced to enterprise software, giving users real-time, easy access to information regarding your shop floor’s machinery and efficiency. When devices are connected to the internet, they can constantly compile data and automate tasks. That’s the power of the Internet of Things.
Now that you have a better grasp of IoT, check out the infographic below to see how it can help you build the future of your factory. We’ll also go into more detail on how manufacturers are utilizing the IoT technology available in their ERP instances to transform into connected enterprises.
Click on the above image to view the full-size infographic.
The combined functionality of IoT and ERP eradicates silos and waste by connecting data throughout the enterprise. With this superior connectivity, manufacturers gain comprehensive insight, improve efficiency and optimize several areas of their business:
- Machine Monitoring: Wherever your equipment is located around the world, real-time machine monitoring can provide insight into your machine operations, enabling manufacturers to cut back on downtime and detect glitches before they disrupt your shop floor.
- Product Service and Maintenance: Manufacturers need to remain in touch with their products even after they’re sold. When connected to the internet, products can generate data regarding their usage and malfunctions. Some can even order their own service or parts automatically, keeping customers satisfied by ensuring fast maintenance.
- Inventory Management: Manufacturers gain real-time, accurate updates on inventory located around the world, removing a lot of the legwork from inventory management.
- Automated Operations: Equipment can automate rote tasks or enact workflows to expedite operations and free up your workforce to perform more revenue-generating tasks.
- Big Data Processing: The ERP instance utilizes the big data generated from machines and products to create real-time, comprehensive analyses that drive smarter, faster decision-making.
The Internet of Things is more than just a buzz term; it’s the key to building a connected, data-driven enterprise. Visionary ERP vendors such as Epicor are taking advantage of this advanced technology to make their solutions more robust for manufacturing clients.
But to truly unlock the power of IoT, work with Datix. We’re an Epicor Platinum Partner with 20 years of ERP consulting under our belts. Our consultants know the newest tools and understand the needs of manufacturers and distributors, making us the optimal choice for guiding your ERP project from start to finish. Contact Datix today to leverage IoT and ERP for smarter manufacturing!