Understanding the intricacies of production processes is a vital aspect of success for any manufacturing organization. It enables them to pinpoint areas that need improvement and streamline their operations for maximum efficiency.
The Power BI "Out-of-the-Box" for Production and Manufacturing Analytics provides a comprehensive view of the production process, allowing organizations to monitor key performance indicators (KPIs) such as Overall Equipment Effectiveness (OEE), production output, quality, and downtime. With Production Analytics, manufacturers can identify bottlenecks in the production line and take corrective actions to eliminate scrap, wasted time, and resources. By leveraging the insights provided by the Power BI Production Analytics, manufacturers can make data-driven decisions that optimize their production processes, reduce costs, and increase profitability.
The Production Analytics offers answers to questions like:
What is the rate at which products are manufactured?
How is equipment availability measured, and what is the significance of tracking equipment uptime?
What is the proportion of products that meet the specified quality standards, and what is the proportion of scrapped or rejected products?
What is the total cost of running the facility or the machines, including all variable costs like material, labor, energy and overhead?
The Production Analytics, linked to Inventory Analytics and Project Management Analytics, enables insights into your company to follow and control your whole production life cycle.
With our Power BI "Out-of-the-Box" solution, you can follow the progress of specific Projects and update your Inventory with the new products made!