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BI for Manufacturing - KPI for Manufacturing Industry

The manufacturing industry has undergone significant changes in the past several decades. Global competition is greater today than ever before in history. Local or regional manufacturers can no longer hope to achieve a competitive advantage based on location and geography alone. Products, pricing, process, quality and features drive the market and consumers are willing to purchase products from competitors to get more favorable pricing or a better, more suitable product.

Increasing raw material costs and declining profit margins combine with government regulatory compliance policies to create a nearly impossible juggling act for even the most sophisticated manufacturing enterprise.

The manufacturing enterprise must carefully monitor and analyse competitors, local, regional and international, and find ways to optimise resources and achieve maximum productivity with minimum investment. Manufacturers combine innovative plans for growth with optimised, streamlined operations and resource allocation, sustain effective raw material inventory and avoid doing business with undependable suppliers, distributors and partners.

Managers and business users must leverage technology and data to remain abreast of developments, understand quality issues, service interruption, resource shortages and other critical business factors. Guess work is not good enough! Every user must know what is expected of them to perform their role and satisfy the goals and initiatives set forth by management.

ElegantJ BI corporate performance management (CPM) and business intelligence (BI) solutions can help manufacturing business users to analyse cost factors and make appropriate decisions for acquisition of raw material and sold goods. Managers can leverage insight into the demand and supply trends in the market and ordering, shipping and inventory results to optimise investment and avoid short supply. The demand for integrated, consolidated, simple, concise information is greater than ever. With BI for Manufacturing solution, ElegantJ BI, your users can gather and analyse information from supply chain systems, enterprise resource planning solutions (ERP), sales and marketing and customer relationship management systems, purchasing, shipping and distribution systems, to gain insight into business processes, understand and resolve issues and forecast and predict demand for resources, supplies, inventory and equipment – with the click of a mouse!

Business Intelligence Tool

BI for Manufacturing with KPI for Manufacturing

True business intelligence (BI) can support, grow and ensure the success of the manufacturing enterprise, and all its business functions and staff roles.

  • Inventory Optimisation – Inventory optimisation analysis enables the user to monitor warehouse inventory and optimise capacity. Users can also track inventory-carrying costs for obsolete and slow moving inventory
  • Financial Management – Financial management analysis facilitates budgeting, profitability and financial optimisation, and enables the user to monitor performance goals using financial BI Dashboards. Users can identify problem areas and increase accountability, and management visibility
  • Production Planning and Control – BI for Manufacturing solution, ElegantJ BI provides a unified, integrated view of data from enterprise, ERP and supply chain systems to simplify reporting and analysis of production and control issues including asset, equipment and facilities management, resource and shift allocation, training, downtime, maintenance, target production and more!
  • Sales and Marketing – BI for Manufacturing solution enables simple, practical management of new product development, sales and marketing campaigns and performance by product, SKU, category, region, team, campaign and plan vs. actual results.
  • Supply Chain Management – Supply chain management enables users to evaluate supply chain activities, and maximize vendor performance without compromising quality. Users can create automated alerts and receive immediate notification of bottlenecks and possible shortages or quality issues
  • Enterprise Data Integration – BI for Manufacturing solution, ElegantJ BI provides a flexible, browser-based platform that will support growth as the user base, volume of data and enterprise locations and business grows and becomes more complex. Information is integrated from numerous sources and presented in a unified view. When combined with powerful analytics and highly customisable personalised BI reporting, users can develop reports and analyse data for presentation, compliance reporting and collaboration and problem solving.
  • Operational Performance Management – Operational Performance Management enables the organisation to establish and meet goals and track progress using a large volume of information, integrated from numerous enterprise systems and sources. Users can monitor the results of the organisation and create and share reports to comply with government and industry regulations
  • Profitability Management – Profitability Management and Analysis helps users to evaluate risk trends and forecast profitability with dependable data.

ElegantJ BI for Manufacturing and Production – Benefits at a Glance

  • Perform price volume mix analysis
  • Ensure accurate, timely sales and marketing analysis to analyse results of campaigns and sales team and individual success by product, category, region, marketing campaign and other factors
  • Ensure cost management and installed base tracking
  • Establish and monitor metrics with data integrated from numerous systems to optimise production planning and control with KPI for Manufacturing
  • Monitor and analyse warranty claims and policies with KPI for Manufacturing perform factory operations analysis
  • Manage all factors and tasks within the supply chain including supplier relationships, raw materials, shipping, distribution, billing, quality, performance and more!
  • Ensure quality performance, establish with KPI for Manufacturing and metrics and monitor results
  • Establish goals for shipping performance and monitor results
  • Perform product life cycle analysis
  • Create facilities, equipment and resource plans for new products
  • Analyse and monitor resources to create optimum coverage per shift, location, skill and product with KPI for Manufacturing
  • Enable lean manufacturing initiatives by optimising all activities, quality initiatives, waste, scrap, resource allocations and equipment maintenance
  • Integrate all data within ElegantJ BI including data from existing data warehouses, ERP systems, etc.
  • Optimise throughput of supply chain operations by monitoring changes in demand and supply and transportation costs
  • Communicate decisions and promotion strategies to distributors, partners and customers
  • Analyse sales and marketing performance by product category, distributors, customers and regions, and take timely corrective measures in weaker areas
  • Meet the needs of the manufacturing enterprise with effective inventory management, financial reports, profitability by product and customer, sales and distributor performance, credit and billing analysis, cost and volume analysis, and more!

ElegantJ BI Integrated Business Intelligence and Enterprise Reporting capabilities ensure comprehensive Corporate Performance Management, and provide business intelligence with simple, practical, affordable features and functionality. Our BI modules are relevant to all industries and functions and can be used by the average business user without the assistance of analysts, statistical experts or technical programmers. No matter the size of your organisation, ElegantJ BI solutions can satisfy your needs with flexible licensing and implementation options that include on premises implementation and hosted, Software as a Service (SaaS) implementation.

ElegantJ BI solutions provide a single source, integrated view of enterprise data from numerous sources and enable every user to build views, balanced scorecards, dashboards and key performance indicators (KPIs) to satisfy the needs of their role, department and function, so every user is engaged in the pursuit of strategic, operational and tactical goals and can provide appropriate support for continued success in acquiring new clients and in retaining existing clients and selling new products and services.

If you need a rich, intuitive BI for Manufacturing solution, coupled with robust CPM features, we encourage you to contact us today to discuss your unique requirements and get started with the ElegantJ BI solution suite. Email us at sales@ElegantJBI.com

Business Intelligence Videos

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Business Intelligence Video – Sales Performance Analysis

Browse through our online video library to learn more about ElegantJ BI solutions. You will find valuable information about BI and how it can help you to be more productive and efficient, and the various ways in which our solutions can help you to achieve true BI. Explore the powerful world of Business Intelligence and find out how we can help you achieve your vision and stay on target to business success!

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Business Intelligence Case Study

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The client is a leading manufacturing of electric heating elements, systems and engineering services in USA. Read full story »