Page 18 - Logistics News - May June 2022
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I N T E L L I G E N T  D ATA














                     insights as the mechanisms to monitor the supply   Becoming streamlined
                     chain in real time to optimise the operational   It becomes important to move beyond complexity
                     environment. Having increased visibility of the   and disparity and focus on how best to gain real-time
                     asset lines will enable manufacturers to refocus   oversight of processes. This requires the priority to
                     their decision-making and find ways of delivering on   be on streamlining processes, centralising data and
                     sustainability targets while improving their revenue   optimising production to reduce manual intervention
                     potential and profitability.                  that can often be blamed for errors.
                                                                       
                     Beyond the basics                                As part of the transition to an intelligent data-
                     Manufacturers who have already made extensive   led environment, digital infrastructure must be
                     investments in enterprise risk management (ERP),   put in place that incorporates the likes of artificial
                     enterprise asset management (EAM) and scheduling   intelligence, machine learning, ERP, EAM and
                     optimisation systems might be unwilling to examine   manufacturing execution systems (MES). This will
                     the requirements of intelligent data-driven systems   contribute to improved transparency which the
                     for fear of adding to the cost and complexity of the   manufacturer can use to extend product and asset
                     existing solution real estate. The reality is that most   life cycles, reduce waste and provide feedback on the
                     of the platforms they have in place are adding to data   areas where the circular economy can be improved
                     fragmentation and not reducing it.            upon.
                                                                       
                        As a means of overcoming this, the priority   Manufacturers must caution against viewing
                     must turn to implementing a centralised data   this as a once-off process. Intelligent data and the
                     infrastructure. This will enable decision-makers   associated digital transformation of traditional
                     to have a universal view of all the manufacturing   systems must be ongoing. It must be considered
                     processes and in this way embrace the true power that   a motion of business that forms part of the
                     intelligent data can provide.                 manufacturer’s own life cycle. Just as it continued
                                                                   to grow and expand and develop new products and
                        With global supply chains still under pressure,   services, so too must the intelligent data environment
                     being able to unlock the potential of intelligent data   be adapted for shifts in technology.
                     will provide manufacturers with the foresight they    
                     need to proactively manage any future uncertainties.   Agreeing on it
                     Armed with this intelligent data, organisations   Business buy-in becomes the starting point to
                     can inject improved oversight to product life cycle   affecting this change at scale. The best technology
                     management across the supply chain.           and approaches available can do little to change how
                                                                   the manufacturer operates if there is no executive
                        And while this might sound counter-intuitive,   drive to make things work.
                     introducing an intelligent data layer does not have to    
                                                                      Integrating intelligent data with more advanced
                     be a difficult undertaking. It becomes the critical step   technologies while still delivering on the existing
              L O GI S T I CS NEWS  visibility required across the manufacturing footprint.   platform investments will require a careful balancing
                     in ensuring data becomes centralised to deliver the
                                                                   act. But if manufacturers are to deliver value in
                     And with this in place, local operations will get the
                                                                   today’s digital market, then they must find ways to
                     competitive advantage essential for a digitally driven
                                                                   do so, especially given the expected push to grow
                     marketplace while still supporting the demand for
                     sustainable business practices.
                                                                   business for the remainder of 2022. •

           16       M A Y/JUNE 2022                                                      www .l o g ist i csn e w s .c o .z a
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