Unified Data Analytics Elevate Nortek's Supply Chain Operations
Technology Category
- Analytics & Modeling - Big Data Analytics
- Analytics & Modeling - Real Time Analytics
Applicable Functions
- Logistics & Transportation
- Warehouse & Inventory Management
Use Cases
- Real-Time Location System (RTLS)
- Supply Chain Visibility
About The Customer
Nortek is a global manufacturing and technology company with over 10,000 products and millions of connected systems deployed worldwide. The company's complex business structure is further complicated by multiple new acquisitions. Nortek operates in a rapidly advancing market of IoT and smart home technologies, which adds pressure to deliver value through real-time insights. The company previously relied on manual data analysis and traditional business intelligence tools, which proved to be time-consuming and inefficient.
The Challenge
Nortek, a global manufacturing and technology company with over 10,000 products and millions of connected systems, faced significant challenges due to its complex business structure and multiple new acquisitions. The rapid advances in IoT and smart home technologies added market pressure to deliver value, which required real-time insights. However, to analyze their Oracle NetSuite ERP data, they had to dump it into Microsoft Excel and then manually apply pivot tables and lookup functions. They also used business intelligence (BI) tools like Tableau or Microsoft Power BI, which required keeping the data warehouse up to date and structured correctly. This process was time-consuming and diverted IT resources from delivering business analytics. The company was in dire need of a more efficient solution.
The Solution
Nortek adopted Incorta, a unified data analytics platform, which delivered value within three weeks, starting with real-time analytics dashboards that the company’s CEO and CFO could access on their iPads. This allowed leaders and managers to look at complex problems from any angle and solve them quickly, enabling the entire business to become strategic and action-oriented. When the government’s trade war with China threatened to impact 40% of Nortek’s business, Incorta dashboards with granular detail were created in a single day to deliver robust insights across the entire business. This enabled Nortek to implement thousands of targeted, strategic actions across their global supply chain, resulting in better outcomes for their customers, suppliers, and business.
Operational Impact
Quantitative Benefit
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