Decision-Making with Manufacturing Intelligence

ARTICLE

Written by Luca De Ferrari


With the increasingly competitive environment and the many challenges the manufacturing industry currently faces, companies must use all of the tools at their disposal to operate more efficiently and increase revenue.

Faced with intensifying global competition, companies need information management solutions that allow them to make better business decisions. This need is accentuated by the extensive networks of suppliers and customers, yielding immense amounts of information. Because it is hard to stay abreast of important information and even to know which information is valuable, firms need tools to take advantage of the myriad of information at their disposal. The information technology available today makes it possible to achieve this goal by allowing companies to make better business decisions and better target performance goals.

Engineering offers the industry Manufacturing Intelligence software to report on, analyze and monitor vast networks of data through an architecture that helps companies reduce costs, increase revenue and maximize the value of information.

Engineering provides superior Manufacturing Intelligence solutions based on:

  • High performance Data Warehouses designed to fit business needs and to integrate data coming from several and even non-homogeneous data sources;
  • Improved Extract, Transform, Load (ETL) to integrate data coming from heterogeneous data sources and build up of a multi-dimensional data warehouse;
  • Online Analytical Processing (OLAP) providing multidimensional, summarized views of business data used for reporting, analysis, modeling and planning for optimizing the business;
  • Advanced Analytics, referred to as data mining, forecasting or predictive analytics, takes advantage of statistical analysis techniques to predict or provide certainty measures of facts thus driving management decisions;
  • Dashboards and Scorecards, highly aggregated reports, containing a multitude of KPI’s and thus showing an overview of how the company or a department is performing. These are typically generated for managers and executives who need an overall view of business performance and find tremendous value in viewing timely, visually intuitive snapshots of strategic financial and operational data;
  • Data Mining techniques intended as the automated process of discovering previously unknown, useful patterns in structured data that will help in the decision-making process. For example, it may help to discover facts about customers from the database such as purchasing behavior.

If you are a company willing to eliminate much of the guesswork within the organization, enhance communication among departments while coordinating activities, respond quickly to changes in financial conditions, improve overall performance of the company and surpass the competition by making better business decisions, then Engineering Manufacturing Intelligence solutions will help you to achieve all of these goals through a superior and distinguished IT experience.


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