In FactoryTalk Analytics, you track the overall performance of a factory by analysing past, present, and future business performance. A decision analysis system usually combines a wide range of business data for use both at a strategic and operational level. Using analytics to create an accessible, digestible visual format can help you manage your sales and purchasing, as well as numerous other business processes in order to stay ahead of the competition.
Tracks the number of products that are considered scrap because of manufacturing defects that cannot be reworked. Providing insight into the ratio of scrap products in a production run can help identify inefficient processes. Factory Analytics helps analyse the overall Factory production level over a specified period of time and shows the percentage of production achieved.
The way it works
- Data from ERP systems can be used on either an operational or strategic level for decision-making.
- Vertical integration between ERP and production allows for more efficient processes in production, maintenance, and quality assurance.
- You receive automatic feedback about quantities, times, and faults in real time, which is the basis for exception-based working in intelligent ERP systems.
How will your organization benefit from FactoryTalk Analytics?
- Drive Value Quickly , Prioritize Workflows and Actions.
- Automate Inventory and Shortage Analysis.
- Get a Complete Picture of Inventory Operations.
- Predict and prevent shortages, automate time-consuming inventory reports, uncover the root cause of issues, and analyse supplier performance.
The Features of FactoryTalk Analytics that will benefit your company
Factory Analytics helps in Analyzing the Overall Factory production levels over a specific time period and shows percentage of production achieved.
It keeps track of the number of products that are deemed scrap due to manufacturing defects that can’t be reworked. It gives insight into the ratio of products deemed scrap in a production run, helping identify an inefficient process.
With FactoryTalk Analytics you can easily and effectively manage and visualize spends of your Factory. Gain relevant insights regarding your factory’s costs on a strategic level using a substantial set of cost relevant KPIs.
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