Manufacturing vs. Operations vs. Finance: Who WINS?
Infor LX | BPCS | Infor LN | Baan
Manufacturing Goals: develop high-quality products and services in response to the demands of the market, improve efficiency and maximize capacity utilization.
Operations Goals: utilize resources, labor, material, and equipment effectively in order to match supply and demand.
Finance Goals: analyze revenue growth opportunities, control costs, and maximize profitability.
So, who WINS?
Whose priorities take precedence when it comes down to it and what happens when the demands seem to compete? The answer to that question may be simpler than you think. Quite often, production, operations, and finance are operating based on their own sets of data which have been created within their respective group to serve the needs of the group alone. Finance likely does not have access to production or operations reports and production and operations hardly ever have access to financial reports. But why? What if all departments operated based on the same data, viewed in the same way? Would it not be easier to understand where the priorities should be and how the ship should be steered?
Dashboards provide real-time visualization of data through graphs, tables, and other visualization techniques. Through the use of dashboards, the complexity of large volumes of data gets stripped away and instead gets presented through manageable, digestible chunks of information so companies can focus their attention on the areas of the business that need it most. The dashboards then serve as a common ground for further dialogue and present information to everyone in a way that is mutually understandable.
Although the data represented in dashboards can be gathered through multiple reports and sometimes multiple reporting systems, consolidating the data into one unified source provides a highly effective tool to generate actionable insight.
Crossroads RMC's Analytics Dashboard provides a pre-built connection to Infor LX / BPCS and Infor LN / Baan and includes a full suite of ready-to-use, standard dashboards that can jump-start collaboration between your finance, operations, and production departments.
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