Data, MIS & Analytics: How garment manufacturers use WFX Insight tools to grow faster

As buyers become more demanding, manufacturers need to improve productivity, efficiency and profitability. To do this, they are turning to the right data analytics and MIS solution that can help them make better decisions.

WFX ERP is a cloud-based solution that can help you do this by delivering:

• A single source of truth for all information – so you know exactly how your factory runs at any given point in time with a big picture view that allows you to make better decisions.
• Customizable visual dashboards – so every user can easily track what’s important to their job functions
• Real-time visibility into production performance – so you have control over all aspects of your operation from anywhere in the world, enabling you to make decisions on the fly without delays.
• Accurate inventory levels at all times – so you never run out of stock or waste money due to unnecessary safety stock levels.
• Automated and intelligent reports – so you can measure key performance indices of your company and identify areas of improvement.
• Notifications for critical milestones – so managers can customize notifications and alerts based on business needs and KPI thresholds.
• Customer/supplier liability reports – so you can auto assess a customer or supplier’s liability based on predefined parameters such as order cancellations, rejections, changes in material consumption during production and so on.
• WFX Insights mobile app – so that you don’t have to manually request information and wait for someone to generate the business reports.

WFX is a cloud-based solution that can be easily integrated with your existing systems. It helps you reduce the time to market, improve quality and increase productivity. It is an innovative solution that brings in the much-needed visibility into your supply chain operations, thereby helping you make better business decisions.

For instance, Tran Thi Ha, Brand Director, Pro Sports says, “WFX has given us the ability to make more calculated and informed decisions through their Visual Analytics dashboard, Time & Action calendars, and reporting channels. The dashboards give us immediate and real-time access to all of our data and allow us to better our business strategy. We can use these tools to monitor inventory levels and create a more effective strategy for managing them. This allows us to reduce waste by being more efficient in how we use our resources”.

To learn more about how WFX ERP for fashion manufacturers works, click on this link!

Data analytics can help you solve key challenges in apparel manufacturing, such as:

• Managing inventory. With better forecasting and demand analysis, you’ll be able to plan production more accurately and reduce your overall inventory costs.
• Planning production. Data analytics can help you predict lead times and capacity requirements so that there’s no risk of overproduction or underproduction of goods.
• Managing costs. Properly managing forecasts will also allow you to make the right decisions about when it’s best to buy raw materials versus manufacture them yourself, thus optimizing your cash flow management capabilities.
• Improving worker productivity. Greater visibility enables you to make better decisions about when and how to best use your resources. Data analytics can help you do this by allowing for more accurate forecasting of workloads and capacity requirements so that there’s no risk of overproduction or underproduction of goods.
• Improving customer service quality and product quality by detecting any issues before they become problems (for example, catching defects before they reach customers). This allows for shorter lead times for post-sale services like repair work or replacement orders, which means faster turnaround times than ever before!
• Reducing wastage. By using data analytics to make better decisions about when and how to best use your resources, you can also reduce wastage. This means saving money on raw materials and energy consumption. It can also mean reducing harmful waste produced during manufacturing processes.

The benefits of data analytics in apparel manufacturing are huge and can make a difference in your bottom line. If you’re looking for a way to reduce costs and increase profitability, then it’s time to start leveraging the power of data analytics!

Although most companies collect tons of process data, they only use it for tracking purposes. They are missing out on valuable opportunities to improve operations. The challenge for them is to identify ways to make better use of this data, such as centralizing or indexing it so it is easier to analyze and draw insights from this information.

To get the most out of existing data, companies must invest in systems and skill sets that will allow them to analyze their information more easily. If your company is looking to improve operations, consider investing in a solution that integrates data from all systems and helps you make better use of it at the same time. You might be surprised at how much insight this can provide and how quickly it will pay off.

To succeed in the apparel industry today, you need to be able to make decisions based on data – and that’s exactly what WFX can help you do. Sign up for a free demo to learn more about how you can use data to grow faster with WFX!