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Trend 3: Analytics is Bringing Improved Visibility into Labeling Processes
Companies today understand the value of obtaining important business metrics whenever and wherever you need them. For years now, companies have used Business Intelligence (BI) and reporting solutions with many of their enterprise applications to improve business operations. Given the mission-critical role of labeling, it’s only natural that business is expressing the growing need for advanced analytics and reporting from their enterprise labeling solution. This is especially true because labeling has a direct impact on production and supply chain investments. Our recent survey revealed that although a majority of companies don’t currently have BI for labeling, over 71 percent of $1B+ are interested in leveraging real-time analytics and reporting to help drive improvements to labeling solutions.
Taking Labeling One Step Further with Interactive Analysis
When it comes to labeling there has traditionally been limited reporting options to assess activities and drive efficiencies. However, companies are beginning to demand the tools needed to understand and optimize their labeling environment. Successful businesses are looking to go beyond simple reporting and leverage interactive dashboards so they can drill down to get specific insights into labeling trends and activities. They are seeking real-time visibility that enable them to make better labeling decisions and allow better planning, so they can quickly adapt to changing business scenarios and become more competitive.
Analytics are Driving Improvements to Labeling Processes
Visibility into labeling is enabling new levels of efficiency. When users have access to advanced analytics and real-time reporting they are able to gain visibility into constantly changing and vital information including labels, printers, print jobs, users and audit data. Users are looking to leverage analytics to drive improvements to labeling processes by asking questions like: Which printers are doing the most work? What labels are being printed the most? What label templates are not being used? How can I gauge the impact of my labeling efforts? Is there a more optimal way to route my print jobs? Who is making label changes? Administrators now want BI to monitor labels printed across facilities to make sure that the quantity of labels printed are in line with the expected output of a facility. They are also looking to use this...