Managers are required to be equipped with up-to-date and accurate
information to take mission critical decisions based on factual data
rather than just assumptions. Analysis of cost factors in acquisition of
raw material and selling goods is important. Managers need to have an
insight into the demand and supply trends to optimise inventory
investment and avoid short supplies, this demands for consolidation of
information from supply chain system, enterprise resource planning,
sales and marketing and customer relationship management systems for
overall effective business process.
Some of the areas where Ventus Global BI Solutions can be applied to manufacturing:
- Inventory
Optimisation - Inventory optimisation analysis enables to monitor
warehouse inventory tracking to reduce overcapacity. Helps you to
monitor inventory-carrying cost for obsolete and slow moving inventory.
- Financial
Management - Financial management analysis facilitates budgeting,
profitability and financial figures and monitor performance goals using
financial BI Dashboards. Helps you to identify area to increasing
accountability, management visibility and potential issues.
- Supply
Chain Management - Supply chain management analysis evaluates to supply
chain activities; maximize vendor performance without compromising on
quality. Helps you in notification of bottleneck situations and possible
shortcoming.
Other Areas of Analysis:
- Price volume mix analysis
- Cost management Installed base tracking
- Warranty analysis
- Factory Operations Analysis
- Quality Performance Analysis
- Shipping Performance
- Product Life Cycle Analysis
- Resource Analysis
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