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Manufacturing BI
GrayMatter has been delivering Business Intelligence to manufacturing and distribution companies for over a decade. Business Intelligence dissolves information silos and increases collaboration between back office, front office, warehouse, customer service and suppliers. By transforming the data generated by disparate systems into a single version of the truth, Business Intelligence provides a competitive advantage.
GrayMatter develop BI solutions that provide the information our manufacturing and distribution customers need to make better more informed decisions in key business areas including:
- Operational Intelligence — Integrate isolated silos and consolidate data from multiple sources for improved production planning and scheduling; Use dashboards and scorecards to monitor key operational metrics; Monitor and maintain quality throughout product lifecycles, identify and analyze issues and concerns pre-production.
- Supply Chain Intelligence — Analyze information across the supply chain to better meet customer demands and improve the delivery of goods. Track the performance of suppliers, use notifications to better manage inventory across the supply chain; monitor and report on actual productivity and business value of vendor and partner engagements. Use reliable demand-planning capabilities to control costs and align vendors to business goals.
- Customer Intelligence — Analyze information on customer expectations, better connect with customers and quickly respond to needs. Use dashboards to gain a “single view” of customers across the organization to offer customized care, service and support. Tailor marketing campaigns to certain groups of customers; use customer information to coordinate follow-up activities, promotions and offers.
- Channel Intelligence — Use timely, consistent and accurate reports for visibility into channel activity; Use reports to show sideways movement of products, excessive returns, and the true cost of product channel distribution. Analyze sales trends and customer buying patterns to report on margin performance, customer satisfaction and campaign effectiveness.
Manufacturing MIS
- Material requirements planning (MRP)
- Determine when finished products are needed
- Determine deadlines accordingly
- Manufacturing resource planning (MRPII)
- Network scheduling
- Improve customer service and productivity
- Just in time (JIT) inventory system - Inventory and materials delivered right before usage
Manufacturing Management Analytics
- Production Goals
- Back Log %
- Capacity Utilization %
- Uptime %
- Failure Cost Value
- QC Reject Rate %
- Inventory Management
- Inventory Ageing Days %
- Inventory ABC Analysis Value
- Inventory Turns Ratio %
- New Product Life Cycle
- Product Development Cost Value
- Product Development Lead Time Days
- Product Milestone Plan V/s Variances
Manufacturing KPIs
- Production Capacity Trends
- Projected Inventory Surplus
- Days on Hand
- Production Shortage as percentage (%) of Demand
- Inventory Turns
- Production Cycle
- Equipment Utilization percentage (%)
BI NEEDS OF MANUFACTURERS
- Inventory optimization KPIs
- Average Item Inventory
- Days of Inventory Supply
- Finished Goods on Hand
- Inventory Costs
- Inventory Turns
- Lease Expenses
- Order Fulfillment Lead Time
- Percentage of Backorders
- Sum of Shipment Lead Times
- Work in Progress Costs
- Financial management KPIs
- Operating Expense
- Total Sales
- Planning Costs
- Procurement Costs
- Cost of Goods Sold
- Cash-to-Cash Cycle Time
- % POs Invoiced Properly
- Inventory Costs
- Investments
- Raw Material Costs
- Supply Chain and Order Management
- Inventory levels analysis
- Order booking
- Order fulfillment
- Order backlog
- Accounts receivable (A/R)
- Daily sales outstanding (DSO)
- Supplier performance
- Price negotiations
- Timely deliveries
- Quality control
- Supply and demand analysis
- Freight costs analysis
- Procurement and Spend
- spend analysis
- procurement analysis
- supplier performance analysis
- supplier payables analysis
- employee expense analysis
- Cost management
- Material costs
- Manufacturing costs
- Production costs
- operational efficiency
- Price volume mix analysis - Manufacturing companies must process an immense amount of information regarding the pricing and volume of products. By integrating this massive amount of information through in-depth analysis, BI allows companies to gain insight into budget variances and make better placement decisions for products.
- Installed base tracking - For many manufacturers, keeping track of where their products are installed gives them tremendous opportunities for post-sales services and additional sales. Having adequate and accurate installed base data is essential if manufacturers want to maximize their profits from this revenue source. BI’s comprehensive reporting and monitoring capabilities enable manufacturers to track installed products, as well as the costs and revenues associated with after-sales services to determine the most cost-effective offerings. In addition, users can set up real-time alerts for notification of maintenance schedule requirements to take advantage of additional marketing opportunities.
- Warranty analysis - Warranties are one area where manufacturers can greatly reduce costs by ensuring original quality. By analyzing warranty costs, companies can identify possible faulty manufacturing and detect emerging problem areas. Through analysis of warranty claims and call center data, manufacturers can reduce and forecast warranty costs and also identify fraudulent claims.
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