Astronomical Clock
The 2nd century BC Antikythera mechanism of ancient Greece was used to calculate the positions of the sun, moon, and stars at any given point by use of complex mechanical gears. (courtesy Wikipedia)

Product Quality Maintenance

Help service providers understand their customers to serve them better, thus Analytics is a step ahead of business intelligence (BI).

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Manufacturing industry has been firsts to use technology for automation & streamlined processes to meet increasing customer demands. The industry now is dynamic, evolving and growing and the most challenged one in terms of adaptability to markets cost reduction and efficiency improvement.

More than ever before, manufacturers today have the ever increasing demands for on-time deliveries across product life cycles, planning and balancing inventory & resources and maximizing capacity utilization without diluting margins. They are forced to think lean, be efficient and geared for opportunities to retain their competitive advantage, whilst trying to derive significant value from it all.

From a financial point of view manufacturing industries are always challenged to continuously optimise the cost of its supply chain right from raw material procurement to making finished goods available to the markets on time. Effective use of analytic techniques can help manufacturers plan and manage the logistics around managing their supply chain effectively.

Analytics offers scalable benefits to the industry with direct impact to the top and bottom line. It helps improve quality, reduce costs and expand margins, using data intelligently to predict, analyze, improve and control processes across the entire supply chain.

Analytics services offered by iQG, help manufacturing enterprises improve their time to market, production capacity and customer service. It prepares businesses to be proactive with solutions ranging from generating and managing prototypes, developing products, utilizing plant assets optimally, correlating product performance with process variables, defining product genealogy with backward and forward traceability, defects analysis and prediction, efficient shop floor execution with real time alerts, reduction of labour management costs with labor efficiency solutions, equipment utilization & productivity and quality parameter checks.

Thus analytics helps manufacturing entities manage their overall effectiveness with synergy between intelligence and execution, giving a holistic view of operations, for smart decisions. Decisions which are invaluable for increasing responsiveness and agility of businesses to resolve complex issues.