As businesses grow, the workload of their operations becomes more complex. To take advantage of market opportunities, information must be accurate. If not, companies will be unable to satisfy customer demand and damage their business. Therefore, is it essential to have a straightforward, organized way to analyze all aspects of company processes such as production, finance, HR, and other departments. ERP applications automate and support a wide range of business operations and should be incorporated to maximize a company’s efficiency. But to be even more efficient, the ERP system should be connected to a real-time production monitoring system. Let’s see why.
In today’s technology-driven world, we are looking for methods to make life more efficient. This could involve the automation of tedious tasks, developing tools to save time and money, and much more. One of the ways to accomplish this is by using an extremely useful tool called the internet. With the internet, devices can share information and communicate from anywhere with a simple internet connection. There are approximately 5 billion people connected to the internet on Earth. However, it is estimated that there are more than 20 billion devices that interact with the web without human intervention. This is known as the Internet of Things (IoT).