6 Benefits of Automated Data Entry For Manufacturing Companies

1. 6 Benefits of Automated Data Entry For Manufacturing Companies

2. 77% of manufacturers believe that their bottom line is affected by poor data. 1 Poor data quality costs manufacturers an average loss of $9.7 Million every year.​ 2

3. Challenges of manual data entry It has slow turnaround time leading to inaccurate inventories It leads to potential compliance issues for manufacturers It is a repetitive and tedious task, resulting in disengaged shop floor employees It is prone to human errors when processing large numbers of invoices and orders It is super expensive and time-consuming

4. Benefits of data entry automation in manufacturing Accurate inventory - Works as a good reference for production. Inventories are always appropriately stocked, wastage is minimum, and production happens as per requirement.  Enhance employee efficiency - Significant reduction in downtime, quality standards improve leading to overall employee efficiency. Cost optimization - Accurate data helps to optimize the costs of operations by greatly reducing waste, scrap, and expenses. Accurate Pricing - High data accuracy helps in pricing, planning, and forecasting to achieve a frictionless and end-to-end, quote, order, engineering, and production process. Enhanced visibility - Accurate data metrics gives insight into individual performance, manufacturing operations, poor performing shifts, recurring machine downtime, etc. Improved overall operations - Faster document processing, optimal allocation of resources, and improved decision-making.

5. Automated data capture techniques Optical character recognition (OCR) – Recognizes text within a digital image. Used to automate text recognition and extraction from scanned documents and images. Optical mark recognition (OMR) – Commonly used to capture human marked data used for customer feedback, surveys, multiple choice tests, polls etc. Intelligent character recognition (ICR) – Teaches machines to process handwritten documents and extract text. Intelligent Document Recognition (IDR) – Extracts data from any part of a document including meta description. QR Code Recognition – An optical scanning device that's able to read QR codes for better customer experience. Voice Recognition – Allows users to enter data while their hands are holding equipment, or they are otherwise unable to operate a keyboard.

6. Accurate data entry for an energy-boosting foods and drinks manufacturer in Europe resulted in an efficient order processing system to manage voluminous customer orders 24/7, 365 days. Solution Automated bots were used to pick orders forms from client’s server Rule based macros helped in sorting and entering orders in a prescribed format Scripts were written to apply discounts to eligible customer orders Source: https://www.habiledata.com/case-studies/data-entry-of-food-products.php Business Impact • Every order detail was entered and processed within 20 minutes of receipt generation • Updated and comprehensive product data entry • Enhanced customer experience and engagement • Improved operational efficiency

7. Fill technology gaps… Partner with a reliable automated data capture provider Reach out to HabileData for technology-enabled data entry solutions www.habiledata.com| info@habiledata.com