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DrivenBI SRK - 5 Key Benefits of BI in Manufacturing

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- Improve Supply Chain
- Manage Production Line
- Control Inventory/Warehouse
- Forecast Sales and Demand
- Consolidate Multi-department Data

Veröffentlicht in: Daten & Analysen
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DrivenBI SRK - 5 Key Benefits of BI in Manufacturing

  1. 1. July 01, 2018
  2. 2. Identify the suppliers that are costing you with late deliveries, damaged orders and unavailable products for orders that have already been placed. Realize the most cost efficient amount of raw materials to be ordered for each production cycle. Neither excess nor deficient. Improve sourcing through a better understanding of supplier quality and performance.
  3. 3. Establish connections between operational KPIs and critical business metrics to gain insights from machine utilization to machine plant- floor productivity. Uncover the quality of production, energy usage, capacity, and error log to ensure consistent output across multiple lines on a micro and macro scale. Harness data to understand the cost and efficiency of every component in your production life cycle. Sending you an automatic alert when machines need replacement or maintenance.
  4. 4. / Monitor the age of inventory by analyzing the data from scanned item coming in stock to achieve an efficient arrangement structure and product flow management. Use historical inventory data, past sales and market research to predict the right product to stock in specific warehouses and regions. Track whether the customer order is made on time. Sending automatic alerts when delivery is delayed and when inventory is approaching stock out. Calculate fill rate, order fulfillment rate, and other important KPIs to ensure real improvements when applying analytics to manufacturing.
  5. 5. Determine which product lines or items to sell to specific customers or regions based on past sales market research and historical data. Forecast demand using past purchasing history, similar customer buying patterns, geographical factor, market trends, and price. It will further guide the production chain. Combine existing data with past sales and market research to build a more accurate forecast of the purchasing trends and customers’ buying behavior.
  6. 6. - - - - - Connect and integrate supply chain management, production line, sales, and inventory data from various systems like ERP, CRM, and others. Deliver meaningful insights in ways that are easily accessible and relevant to all employees in a centralized location, such as an interactive dashboard. Understand the cost and efficiency of every component in your production life cycle and after sales.
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