Experts in Manufacturing Optimization
Synchronize Production Planning and Operations for Optimal Cost-Efficiency
Manufacturing organizations often encounter overcapacity, pricing pressures, and equipment or inventory logistics. To overcome these industry challenges, discover a solution that drives operational success from forecasting to delivery.
Strategic Outcomes for Manufacturing Companies
Using industry best practices, our team can help integrate your existing systems with the new solution. Here are the key features of our implementations for Manufacturing organizations:
Optimize Production Capacity
Understand your overall business performance to capitalize on new areas of opportunities, remain agile to changes in demand, and stay ahead of your competitors.
Monitor Performance & Reduce Risk
Effectively monitor and analyze your revenue and margin by product, market to immediately pivot to the changing conditions from your well-performing to poor-performing products.
Save Time
Identify problems and evaluate an alternative plan of action by creating What-If simulations to achieve your objectives and reduce your planning time.
Plan with Production Flexibility
As a capital-intensive and competitive industry, Manufacturing companies face complex challenges in the ever-changing business environment and unexpected demand. Utilize a solution that offers the ability to grow alongside your production and productivity benchmarks.
Common Challenges for Complex Manufacturing
The Manufacturing industry is impacted by changing market conditions such as commodity pricing, labor rates, technology, tariffs, and more. These conditions affect the FP&A function of the finance team.
Inventory
To effectively manage inventory, your company must monitor accurate numbers to confirm employees are producing the right product at the best time and reduce the overall manufacturing cycle time.
Cash Flow
As a high-volume business with long shipping times, your organization must monitor and discover reasonable payment terms with vendors and customers for positive cash flow and your company's solvency levels.
Profit
For optimal product pricing, you must understand how to effectively utilize your spending areas like utilities, rent, supplies, and insurance to retain your most productive employees who best deliver your desired results.
Capital Equipment
In a competitive industry to operate, Manufacturing companies like yours must remain up to date with equipment and its efficiency levels before it becomes obsolete and inefficient.
Operational Metrics for Manufacturing and Production
Asset Turnover
Your assets in relation to your revenue
Overall Operations Effectiveness
Monitor your operational efficiency
Production Volume
Measure the success of your employees
Capacity Utilization
Optimize the use of your capacities
Production Cost
Keep track of the expenses used in the production
Unit Costs
Track your units cost over time
Launch Your Data into Value-added Streams
Successful manufacturing organizations effectively integrate finance with their business operations together. Get your organization connected with other departments to manage and future-proof your added complexities.
- Eliminate inaccuracies and errors in metrics
- Increase greater levels of efficiency in your organization
- Discover new data and financial insights
- Gain real-time visibility in budgeting, forecasting and reporting
- Prepare a plan for all possible outcomes with flexible reporting
Scale Your Production with Confidence
Manufacturing companies often manage disconnected planning processes such as manual data entry from various sources or data consolidation from multiple departments. In turn, this can increase the risk of errors and create a lack of confidence to finance. ProLytics helps Manufacturing companies in:
Integrated Business Planning
CapEx and OpEx Planning
Resource Utilization and Allocations
What-If Scenario Modelling
Inventory Planning
Profitability Analysis
Automate Your Finance Function
As experts in Performance Management solutions, we help businesses like yours achieve greater efficiency and accuracy in FP&A function. Streamline your systems and processes to allow your finance teams and operation managers to uncover trends and actionable insights.
Why work with ProLytics
- 4.9 out of 5 CSAT Score
- Over 15+ years of expertise in EPM, SPM, BI and Analytics
- Industry-specific business process knowledge
- Proven project management methodologies and delivery techniques
- Deep application and technology knowledge
- Commitment to building quality, high-performing and scalable solutions
- End-to-end consulting services
ProLytics Consulting Group is a business and technology consulting firm that specializes in the areas of Enterprise Performance Management and Financial Business Intelligence Analytics. Our focus is on consulting, development, implementation, upgrades, support, and training with today’s industry-leading technology partners: Vena Solutions, Prophix, Thomson Reuter Elite, and Microsoft Silver Data Analytics.
We understand and value that each company is unique, and are committed to working closely with each customer to find and deliver value-added technology solutions that solve their one-of-a-kind challenges.
