The Value of Shop Floor Data Collection

When purchasing a business management system, most companies, large and small, overlook the significance of the data collection component. Shop floor data collection provides essential feedback to the entire system and company. It is the catalyst to sharper estimates, smoother scheduling, quicker customer response, just-in-time inventory, increased productivity, and improved profitability. Nevertheless, owners often cut costs when purchasing these systems.

A company does not have to spend thousands of dollars on shop floor data collection. Many manual and electronic data collection methods exist, with costs ranging from virtually nothing up to $10,000 per data collection station.