Agile Factory Analytics translate data to actionable intelligence, helping manufacturers gain visibility into overall factory management, from demand planning through factory execution
Demand Planning & Shop Floor Execution
Driven by insights captured from data, the Agile Factory responds to immediate issues, and this intelligence is used to minimize disruptions and optimize performance over the long term. It is not just about capturing more data – it is all about getting the needed data in the hands of the right people when they need to make proactive decisions that impact the business.
The successful Agile Factory enhances the demand planning capabilities to ensure an achievable, optimized production plan is created, and then delivers insights that increase the factory’s ability to improve shop floor execution.
“Gaining visibility into the factory floor, including equipment health, schedule performance, and early alerts to potential delays is critical to maximize operational performance while reducing costs, which ultimately results in increased customer service levels.”
of manufacturers in “pilot purgatory”, unable to scale smart factory innovations Source: McKinsey
of manufacturers forecast an increase in smart devices and embedded intelligence in their production processes within two years
of company executives have full access to the data access they need for Industry 4.0 analytics and planning
Limited visibility to work in process, work order status, completion dates
Lost production and excess costs caused by unplanned equipment downtime, unnecessary changeovers, or missing components, materials, and information
Poor process monitoring leading to suboptimized capacity utilization and reduced throughput
Extended lead times resulting from incomplete and/or missing data
Agile Factories transform data into actionable insights manufacturers use to reduce cycle times, improve capacity utilization, optimize inventory investments, and adapt to demand mix + changes.
Reduce Cycle Times
Manufacture and deliver product to meet increasing customer delivery expectations
Seamlessly manage product flow in response to fluctuating demand patterns
Improve Capacity Utilization
Maximize investments in resources and equipment to meet customer commitments and maximize returns
Improve Workforce Productivity
Increase production per unit of input while eliminating waste and maximizing quality
Through Agile Factory Analytics we help you enhance the control points across the factory operations. We’ve identified tangible Use Cases where challenges and opportunities exist and are measurable in order to realize target business outcomes across Demand Planning and Shop Floor Execution.
Demand Planning Use Cases:
Prioritize factory and resource capacity by optimizing sequencing to know what make and when
Forecast resources accurately by incorporating quote activity and backlog bookings to proactively adjust to demand fluctuations
Shop Floor Execution Use Cases:
Detect anomalies, output trends, quality issues and identify root causes
Eliminate delays caused by missing components, tools, raw materials, and information with optimized resource allocation
Reduce cost of costly unplanned downtime due to risk of equipment breakdowns and unnecessary changeovers
In this video, hear ways manufacturers can find strategies and methods to quickly surface and leverage insights to improve their operations.
The Intelligent Enterprise
Disruptions, unknowns, volatility, delays. These are all challenges that manufacturers are facing – but they’re not insurmountable.
What Makes an Enterprise Intelligent?
Successful Intelligent Enterprises tend to leverage their data to provide actionable insights that empower their teams to make proactive, real-time decisions. This ability enables them to optimize performance, improve efficiencies, reduce costs, and deliver better value to their customers.
The true power of the Intelligent Enterprise is realized when companies harness the end–to-end business process integrations that span every element of their enterprise.
This is where the transformative impact of the Intelligent Enterprise can enhance a company’s ability to overcome challenges and realize business outcomes.