6 Benefits of Automated Data Entry For Manufacturing Companies 1 77% of manufacturers believe that their bottom line is affected by poor data. 2 Poor data quality costs manufacturers an average loss of $9.7 Million every year. 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 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. 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. 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 Business Impact Automated bots were used to pick orders forms from client’s server Every order detail was entered and processed within 20 minutes of receipt generation Rule based macros helped in sorting and entering orders in a prescribed format Updated and comprehensive product data entry Enhanced customer experience and engagement Scripts were written to apply discounts to eligible customer orders Improved operational efficiency Source: https://www.habiledata.com/case-studies/data-entry-of-food-products.php 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