Find the best Manufacturing BI Software

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Xtraction

Xtraction is a reporting tool that automates the extraction and organization of data. It requires little or no tech support to install and supports multiple data formats. Xtraction can deliver IT reporting to a number of busi...Read more about Xtraction

4.50 (14 reviews)

BOARD

Board is the Intelligent Planning Platform that offers smarter planning, actionable insights and better outcomes for more than 2,000 companies worldwide. Board allows leading enterprises to discover crucial insights which drive bu...Read more about BOARD

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Tableau

Tableau is an integrated business intelligence (BI) and analytics solution that helps to analyze key business data and generate meaningful insights. The solution helps businesses to collect data from multiple source points such as...Read more about Tableau

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SAP BusinessObjects Business Intelligence

SAP BusinessObjects is a business intelligence solution designed for companies of all sizes. It offers ETL (extract, transform, load), predictive dashboard, Crystal reports, OLAP (Online Analytical Processing) and ad-hoc reporting...Read more about SAP BusinessObjects Business Intelligence

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TARGIT

TARGIT Decision Suite is a business intelligence and analytics solution that offers visual data discovery tools, self-service business analytics, reporting and dashboards in a single, integrated solution. TARGIT combines the ...Read more about TARGIT

4.47 (34 reviews)

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Solver

Solver is a hybrid corporate performance management (CPM) solution based on the Microsoft platform. It caters to businesses of all sizes across various industry verticals. Key features include reporting, budgeting, dashboards and ...Read more about Solver

4.43 (74 reviews)

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SetSight

SetSight offers a cloud-based business intelligence solution to collect, analyze and report key data associated with sales trends, replenishments, category management and more. It features order management and forecasting, reporti...Read more about SetSight

3.50 (1 reviews)

Necto

Panorama Necto is a business intelligence (BI) suite that is designed to work in tandem with any data source—OLAP, spreadsheets, relational and in-memory. Necto suits midsize and enterprise-level companies across all major in...Read more about Necto

4.26 (40 reviews)

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CCH Tagetik

CCH Tagetik is a unified BI and accounting software that helps to optimize financial and operational planning. The solution also shortens the consolidation and closing process and allows users to analyze results, model, as well as...Read more about CCH Tagetik

4.33 (84 reviews)

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Profitbase EPM

Profitbase offers user-friendly and flexible business performance management tools that can help optimize financial and operational planning, execute work processes, and analyze business data. It enables users to efficiently colle...Read more about Profitbase EPM

4.00 (1 reviews)

ADS - Medical

Agile Data suite (ADS) is a cloud-based business intelligence solution that provides tools to manage and integrate data. The solution is suitable for industries such as automotive, aviation, medical, consumer products and pharmace...Read more about ADS - Medical

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Infor OS

Infor OS is a web-based networked BI and analytics solution that connects insights from various teams and helps in making informed decisions. The tool enables decentralized users to augment the enterprise data model virtually with...Read more about Infor OS

4.08 (51 reviews)

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TruOI

With the TruOI Platform, you’re not only able to only see how your company is performing in real-time, but the platform also initiates automated system activity based on pre-programmed performance to keep your organization on trac...Read more about TruOI

4.55 (40 reviews)

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Sisense

Sisense goes beyond traditional business intelligence by providing organizations with the ability to infuse analytics everywhere, embedded in both customer and employee applications and workflows. Sisense customers are breaking th...Read more about Sisense

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Stratum

Stratum by Silvon is a robust business intelligence solution that was designed to meet the unique needs of business professionals working for manufacturing and distribution companies. Stratum offers a full suite of integrated...Read more about Stratum

4.19 (48 reviews)

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TIBCO Spotfire

TIBCO Spotfire provides executive dashboards, data analytics, data visualization and KPI push to mobile devices. It complements existing business intelligence and reporting tools, while midsize organizations can use dashboards and...Read more about TIBCO Spotfire

4.36 (57 reviews)

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Clear Analytics

Clear Analytics is a data analytics solution that enables small to midsize business users to perform a variety of self-service analytics within an Excel-based environment. The platform is capable of consolidating data from mu...Read more about Clear Analytics

4.50 (6 reviews)

Skookum Digital Works

Skookum Digital Works (SDW) provides custom-build business technology assets that help companies to solve business problems and drive their business outcomes. They also provide UI/UX designers, product strategists, and software de...Read more about Skookum Digital Works

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Service Lifecycle Management

Designed to help companies handle after sales supply chains, DEX Systems’ Service Lifecycle Management solution helps businesses manage their end-to-end operations, from returns and repairs to remarketing and warehouse planning. ...Read more about Service Lifecycle Management

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Analance Business Intelligence Suite

Analance Business Intelligence Suite by Ducen is a hybrid business intelligence (BI) solution that caters to businesses across various industries. Key features include data integration services, application development and mainten...Read more about Analance Business Intelligence Suite

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Buyers Guide

Last Updated: November 24, 2022

Manufacturers are always trying to optimize data to improve productivity. Optimized data allows them to accurately measure their performance and understand where their companies stand in terms of profit. To that end, business intelligence (BI) software designed especially for manufacturers can be extremely helpful.

Apart from helping improve productivity, manufacturing BI software allows manufacturers to enhance sales, revenue, and return on investments (ROI) by using insights through data analysis.

However, selecting one manufacturing BI software product from among the hundreds on the market can be overwhelming. That's why we've created this Buyer's Guide to detail everything you need to know before making the final purchase decision.

Here's what we'll cover:

What is manufacturing BI Software?
Common features of manufacturing BI software
What type of buyer are you?
Benefits of manufacturing BI software
Key considerations

What is manufacturing BI software?

Manufacturing BI software collects data such as total units manufactured, total units sold, total shipments, and buyer demographics from a manufacturer's existing systems as well as from across the supply chain. The software then analyzes data and provides actionable insights.

Manufacturing BI software allows manufacturers to make informed business decisions related to future sales strategies, materials management, and buyer targeting.

Sales analysis in Sisense BI

Analyze total sales, units sold, buyer demographics in Sisense BI software

Common features of manufacturing BI software

Different vendors offer different features in their manufacturing BI software. Selecting the best manufacturing BI software for your setup is easier when you know what the common features are and what they do.

Data mining

Scan through large volumes of data to identify previously unknown or new patterns. This is the fundamental step of business intelligence that other processes, such as predictive analytics, rely on.

Predictive analytics

Forecast demand, predict customer behavior, and prepare strategies using statistical tools.

Online analytical processing (OLAP)

Perform multidimensional analysis of large volumes of data.

Dashboards

Highlight a manufacturing business's key performance indicators (KPIs) and focus on critical metrics.

Data visualization

Create graphical representations of business data using simple user interfaces.

Trend indicators

Identify patterns in production, sales, or distribution channels and decide on business strategy.

Scorecards

Attach or assign a numerical weight to each KPI and then map its progress. For instance, a scorecard might assign an "A+" grade to 40 percent annual revenue growth if the goal was set at 20 percent.

To further understand these features and learn about manufacturing BI software vendors, call our advisors at 855-998-8505 for free, no-obligation help. They'll help you narrow down your options by listening to your requirements and recommending the best-suited solutions for your business.

What type of buyer are you?

Before you start evaluating manufacturing BI software options, you'll want to know what buyer category you belong to. We believe most buyers will fall into one of the below categories:

  • Small manufacturers: These businesses are typically transitioning from pen and paper to a more automated system and only need basic BI functions such as data mining and predictive analytics.
  • Multilocation manufacturers: Operating multiple manufacturing units adds a layer of complexity to software requirements. These buyers need to understand customer demographics across locations and deal with large volumes of regional data. They require additional features such as data visualization and OLAP to analyze multidimensional data and create different graphical data representations.
  • Large (enterprise) buyers: These buyers value the seamless integration of data and processes that comes from having a unified platform for all functions. They appreciate a full-featured solution and would do best to seek an integrated enterprise resource planning (ERP) suite that includes manufacturing management and BI applications, along with other applications such as inventory management, supply chain management, etc.

Benefits of manufacturing BI software

While some of the benefits of manufacturing BI software may be clear from our discussion above, we've called out the most notable ones below:

  • Provides actionable insights: Manufacturing BI software provides insights related to manufacturing costs, raw materials usage, shipment costs, etc. using features such as predictive analytics and OLAP. Based on the insights, manufacturers can adjust their production strategy for higher profitability.
  • Improves overall sales: Manufacturing BI software helps manufacturing units identify untouched markets, sales trends, and product improvements. These insights help teams enhance their negotiations with customers, suppliers, and vendors to improve total sales.

Key considerations

Here are some important questions to consider before you purchase manufacturing BI software:

  • Availability of mobile apps: Manufacturers have to connect with various stakeholders (such as suppliers, vendors, buyers, etc.) at any point in time. Manufacturing BI software with a native mobile app allows them to receive real-time insights into production, shipment, sales status, etc. from anywhere. Look for solutions with mobile apps that work on all leading platforms such as iOS, Android and Windows.
  • Scalability: Ask your shortlisted vendors about the scalability of their products. You'll need a solution that supports your manufacturing business as it grows and is able to handle your expanding needs. For instance, if you plan to go from single-location to multilocation manufacturing, the software must be able to handle data from all your locations.
  • Customer support: Find out if the vendor offers support 24/7, only during business hours, or not at all. Also, ask about available support options, such as email, phone, or live chat.