Industrial journalist, TR Cutler discussed why so many BI (business intelligence) solutions are overpriced for small and mid-sized manufacturers in the September issue of Manufacturing Outlook. Read Cutler’s article here.
Cutler talked with Rob Collie, founder of P3 (Power Pivot Pro), specializing in BI designed to be affordable for the SME market. Collie suggested, business intelligence is suffering a “hangover” during the past three-decades when BI was strictly the domain of large enterprises. Beyond the steep price tag were equally expensive implementation costs. While there are more affordable BI solutions available to small and mid-sized manufacturers, the platform selected may prohibit smaller companies from accessing meaningful data.
The dashboards provided real-time, actionable insights in response to massive sales spikes for the cleaning product, as well as uncovering millions in working capital from inventory inefficiencies. Relative sources of revenue often fluctuate more frequently (and sharply) than assumed. These fluctuations leap off the screen with good dashboards. This information is even more important when something like COVID throws out the old playbook, and each day seems to bring a new set of conditions.
Jacket Media is the parent company of Manufacturing Outlook e-zine. The publication highlights current manufacturing trends.
About TR Cutler, Inc.
Thomas R. Cutler is the President and CEO of Fort Lauderdale, Florida-based, TR Cutler, Inc., the largest manufacturing communication firm worldwide with four dozen industry experts and thought leaders on staff. Cutler is celebrating the 21-year anniversary of the Manufacturing Media Consortium with more than 8000 members worldwide from editors, economists, freelance writers, and industrial thought-leaders.
During COVID-19 Cutler is advising manufacturers, industrial leaders, supply chain professionals, and C-level executives how to best navigate Q4 2020 and beyond.
Cutler has authored more than 8,000 articles for a wide range of manufacturing periodicals, industrial publications, and business journals. Cutler is the most published freelance industrial journalist worldwide, and more than 4600 industry leaders follow Cutler on Twitter daily at @ThomasRCutler.
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Website: http://www.trcutlerinc.com