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Enterprise Analytics Dashboard enables Industrial Manufacturing firms to better track and optimize their operational efficiencies

Enterprise Analytics Dashboard enables Industrial Manufacturing firms to better track and optimize their operational efficiencies

Abstract

Manufacturing is one of the worst hit industries in the current economic downturn. What at first appeared to be a financial meltdown was deep enough to stay, spread and affect the supply and hence the entire manufacturing industry as a whole.

Recession always brings with itself volatility in demand. Demand volatility is a double edged sword - any effort to ramp up or ramp down production by large volumes is prohibitively costly. If not, manufacturers are left with excess or deficit inventory or reduce prices/cost to boost demand. Neither is attractive as the industry already operates under tight margins and costs are fixed.

Cutting down manufacturing costs is easier said than done. Some of the simpler but commonly overlooked solution is to increase operational efficiency of equipments. But efficiency cannot be increased unless it is objectively measured and more so, tracked. Calculating the overall equipment effectiveness (OEE) rate is a crucial element of any serious commitment to reduce equipment and process related wastes.

HCL's Diversified Manufacturing Practice has come out with several innovative IP based solution frameworks to address crucial challenges faced by Industrial Manufacturing firms. Enterprise Analytics Dashboard is one such solution that aims at presenting key Operational metrics like OEE, Availibility, Performance, Quality, Yield Rate on real-time basis.

Excerpts from the Paper

Enterprise Analytics Dashboard aims at presenting the Plant OEE (Overall Equipment Effectiveness) and Profit and Loss data along with business flow data (related to sales order) in a single view. The main intention to build the dash board is to give a holistic view across the organization which helps CEO to take strategic decision with  the  help  of analytics  to  enhance  the  performance  of the organization. The dashboard has drill down capabilities with alert facilities to help management to take decision at right time at right place and the data will be available in real time. The dashboard is a single  view  of various  KPIs  related to  manufacturing,  Business Flow and Profit and Loss Information.

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