One of the most visible benefits of BI that integrates with an ERP system is its ability to give managers a real-time look at the data they need to make intelligent decisions in the short and long terms. For example, a production manager in a manufacturing environment will want to keep a close watch on the floor’s scrap rate.
With a quick glance at the dashboard, he or she will be able to see the floor’s scrap rate in real time, since workers will be entering that data as it occurs. Should the rate reach an unacceptable level, the production manager can halt the process and identify the root cause before too much time and material is wasted. This data can then be applied to long-term analysis to help identify trends and opportunities for process improvement.