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The Varying Methods Companies Are Using to Manage Data and Analytics

Methods of data management across the packaging and processing industry vary greatly, but one major trend with some controversy is the move toward cloud storage.

Cloud data storage can act as a backup for disaster recovery.
Cloud data storage can act as a backup for disaster recovery.
PMMI Business Intelligence: 2024 Transforming Packaging and Processing Operations

Data and analytics can be the key to major improvements in packaging and processing operations, but as industry executives at the 2024 Top to Top Summit indicated, there are several routes to consider in managing this data.

Analyzing the responses and comments of executives representing CPG end-users, OEMs, contract packagers, and material and component suppliers at the event, PMMI Business Intelligence’s 2024 report “Transforming Packaging and Processing Operations” describes huge variation in the ways in which data is managed.

Data management methods can range from manual entry into spreadsheets uploaded to the cloud to advanced analytics. Companies often manage on-site data using their warehouse management systems (WMS), enterprise resource planning (ERP), and material requirements planning (MRP) systems.

External data storage and analytics solutions cited by executive participants included SAP, Siemens, MVI, PowerBI, Microsoft SharePoint, MasterControl, DataBricks, and SolidWorks.

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Break out of the ordinary: see what’s new in life sciences packaging