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How is Power BI transforming manufacturing processes?

Originally published on December 21, 2021

Manufacturing companies are involved in many different processes that take a long time to analyze and require knowledge of modern technologies. In addition, any error in analysis can significantly slow down decision-making, which has a direct impact on profitability and efficiency. Business analytics tools such as Power BI for Manufacturing can help to improve production efficiency and process analysis time quickly and significantly.

Thanks to the artificial intelligence built into Power BI, you’ll get detailed, actionable insights to improve your production processes based on real-time analysis of performance metrics.

Factory workshop interior and machines on glass industry background process of production

What are the most common production problems that Power BI helps solve in manufacturing?

1. Production efficiency

Monitor the efficiency of production operations in terms of promptness, quality and cost. Identify the bottlenecks in a timely manner. So, solve problems before they touch customers with delays. Track your organization’s capability to produce the right amount of goods timely and in full scope of demand.

2. Production load

Monitor and analyze the forecasts of your production demand based on historical data. Forecast the increased workload and properly plan your production, inventory balances, and supply chain. Even more, bolster your performance level without negative impact on your results.

3. Programmable Logic Contollers (PLC)

Perform diagonal buffer analysis using data from different data sources. Use artificial intelligence to gain valuable insights for optimizing problematic areas. Easily and clearly track delays in the execution of large orders in a single chart.

4. Return of investments

Analyze metrics of different spheres such as profit and loss, sales, inventory, assets, and more. Generate detailed reports on the return of investments particularly for a single selected department and/or individual activity. Get a full cost-benefit analysis, and discover new ways to generate revenue and save costs.

5. Production output

Clearly and objectively monitor production processes and their efficiency in one interactive, real-time window, accessible from any device. Monitor everything – from product ordering, production and output to the yield of raw materials used.

6. New customers

Watch and estimate the employees’ efforts in searching for the new customers more clearly. Improve the performance of your campaigns, respond quickly to changes in the competitive environment, and to the effectiveness of each channel. For more sleek strategies, analyze consumer behaviour with advanced analytics based on service, sales, and marketing data. Entrust the data analysis to Power BI and use your free time to try out new advertising strategies.

7. Technological progress

Evaluate the return of your investments in new technological solutions with objectively and clearly measurable indicators. Keep a clear eye on how new technologies streamline your processes and increase your market competitiveness.

8. Employee efficiency

Analyze the production processes, and accurately assess the efficiency your company – both an entity and individual employees. Set accurate KPIs for your teams as well as individual employees. Easily perform a plan-fact analysis of a department, employee, or period. Prepare a product release plan for each department separately in multi-stage production. Not to stop with, streamline your daily, weekly, and monthly meetings with objective Dashboard metrics. Launch the principle of the bottom-to-top decision pyramid.

With Power BI for manufacturing, data analytics has never been so convenient and efficient! Centralize your data from a variety of sources, and get a comprehensive overview of all production processes in one window, from any device. Centralized reporting will allow you to react quickly to changes, forecast the risks, analyze the outcome of each already made decision and assess the efficiency of individual production units.

If you are in retail, read more Power BI in this industry here

See more detailed reports in Power BI dashboards here

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