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Problem Statement

Why Manufacturing companies need Analytics

Possible Solutions

  • The top three areas where analytics can improve manufacturing performance.
  • Better forecasts of product demand and production,
  • Understanding plant performance across multiple metrics and
  • Providing faster service and support to customers
  • Analytics-driven order management drives customer loyalty
    • Organizations can use predictive analytics to redesign their order management processes to increase revenue, brand visibility, and customer satisfaction.
    • Analytics that bring out what elements of the order management or supply-chain processes are hampering customer experience are most useful. Is it master data, supply chain visibility, demand planning, operational issues with order processing, or logistics issues?
    • From a predictive analytics perspective, historical patterns on order delivery timeliness, fill rate, accuracy of price, timely communication to customer in case of changes provide valuable insights.

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