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Is your manufacturing company wasting significant time and energy struggling to collect and analyze its own data? I sat down with Bill Moradkhan, the founder, president and CEO of Portus, to discuss the benefits of upgrading your data intelligence to help transform that data into actionable business intelligence and improve your business.
Barry Matties: tell me a little bit about Portus and the value it brings to customers.
Bill Moradkhan: We focus mainly on manufacturing companies, but really any kind of company of any size starts collecting a lot of data, usually in their ERP system, and will have data from all kinds of different systems. At some point or another, they need to transform that data into actionable business intelligence. This is a term we’re very happy with now, meaning that data in itself isn’t getting you to do something. You need to get that data to paint a picture, so you say, “Ah, I see, this is our issue. This is what we’re lacking. This is what we’re doing too much of and this is what we should be doing.”
This process of transforming data into actionable business intelligence is what we are all about. Interestingly, no matter what, whether you have Portus or you don’t, you’re doing this. In some form or fashion, you’re taking that data and you’re transforming it into charts and reports so people know what to go do. The issue is how much time and money you are spending doing that. We want to take that to its absolute limit, meaning you won’t spend any time on that. We handle the entire transformation process so that you can focus on doing something about what the reports are telling you, rather than spending 90% of your time putting the reports together.
Read this article here.
Editor's Note: This article originally appeared in the November 2015 issue of SMT Magazine.
Divyash Patel, MX2 Technology
If you influence IT decisions at your workplace, you need to hear this. If you make the decisions, you need to listen, not just hear: Unless you start acting on CMMC compliance now, you are putting yourself at a disadvantage—one that will take much more time to correct than you might expect. Think of me as a spokesperson for the industry I represent: we are concerned about you. From what I’ve heard and seen over the last few months, too many of you are listening to suppliers, upstream and downstream partners, or other business owners on how seriously to take CMMC. As a result, far too much wishful thinking is guiding decision-making. So, listen to the experts.
Federal Bureau of Investigation
Business email compromise/email account compromise (BEC/EAC) is a sophisticated scam that targets both businesses and individuals who perform legitimate transfer-of-funds requests. The scam is frequently carried out when an individual compromises legitimate business or personal email accounts through social engineering or computer intrusion to conduct unauthorized transfers of funds. The scam is not always associated with a transfer-of-funds request. One variation involves compromising legitimate business email accounts and requesting employees’ Personally Identifiable Information, Wage and Tax Statement (W-2) forms, or even crypto currency wallets.
Andy Shaughnessy, Design007 Magazine
Caleb Townsend is the co-founder of Factur, a new kind of recruiting agency that specializes in filling marketing and sales positions. I met with Caleb at SMTA Dallas and asked him to discuss the creative ways he’s helping contract manufacturers to practice Lean principles in their sales department. As Caleb says, his company helps sales departments embrace methods similar to those used on the shop floor, which sometimes means updating their filing system from a “shoebox full of business cards.”