Aligning innovation with business strategy, inventory optimisation, intelligent supply chains and technology
Whether it be a weak, recovering or strong economy, the fundamental strategies for surviving and thriving still hold true.
Manufacturers and consumer product companies have to be highly efficient to meet demand, production and supply requirements. Costs and resources also have to be managed carefully and intelligently.
At the same time, companies are considering new tactics: aligning innovation with business strategy, inventory optimisation, intelligent supply chains and technology as a focal point of business strategy. This is where IBM Business & Supply Chain analytics for manufacturing & consumer product companies can help your organisation. If fact, many of the top industrial sector businesses and consumer product companies worldwide are already relying on IBM Business Analytics software to deliver smarter operations and performance, including:
19 of the top 20 manufacturers- all of the top ten automakers.
Sales and operations
- use predictive models and association rules to determine which group of products work best for which customers
- forecast demand for new products
- analyse customer, product, market and channel profitability to optimize customer service and financial performance, including better management of trade spend
- manage new product introductions and line extensions to protect and grow market share
- drive an effective sales and operations planning (S&OP) process to integrate demand, supply and financial plans
- manage product demand by customer and SKU for more accurate forecasts.
- provide actionable insight to improve efficiency and reduce cost
- reconcile sales and demand forecasts with supply chain and production plans
- aggregate data from sources across the organization, creating a single, integrated view of performance.
Supply chain
- reconcile sales and demand forecasts with supply chain and production plans
- achieve visibility into performance across the supply chain and understand the impact on strategic KPIs
- monitor and analyze your supply chain to control expenses going to labor, supplies, services and other areas across the chain
- align and Integrates demand, supply and financial plans and sales & marketing
- allows capacity, cost, and throughput modeling of multiple products across multiple plans to determine the right combinations in term of quality, delivery and price.
Predictive maintenance
- perform preventive maintenance in order to maximize production uptime and minimize disruptive, costly unscheduled downtime
- identify the root cause of product failures, and address issues to reduce warranty cost and improve customer satisfaction
- determine the characteristics that increase ownership cost and downtime over the life of a system
- address expected weak spots during planned maintenance to reduce expensive emergency repairs.
Financial performance management
- develop timely, reliable forecasts, budgets and plans
- set, measure and monitor key performance metrics based on standard financial statements
- develop plans for key financial indicators including returns, cost of goods, supply chain costs and gross profit
- align operations around critical revenue and profitability targets; and quickly adjust plans and resource allocations to achieve profitable growth
- automate workflow and aggregation by collecting volume and financial data from source systems
- improve cost forecasting.
Workforce management
- use predictive models to improve recruitment and optimise staffing decisions
- monitor key workforce measures such as headcount and turnover, demographics, compensation, benefits and new talent recruitment using workforce analytic applications
- understand key staffing and training gaps
- gain competitive advantage through effective succession planning.
Tangible experience in Manufacturing & CPG
The Cortell team has tangible experience in Manufacturing and CPG from a supply and demand perspective and all the components of that process:
- demand driven planning
- supply chain modelling
- quality lifecycle analysis
- product costing
- operational planning
- route profitability & optimization
- cost to serve
- supplier cost impact
- optimize assets
- reverse logistics
- predictive asset management
- demand-driven forecasting
- supply chain analytics
- cost of delivery
- hedging, forex & treasury models
In fact, we can work with you on the traditional aspects of budgeting, forecasting and planning processes while integrating the financial aspects with the operational aspects of your business. We bring true profitability modelling to your business using activity based costs per client, line of business and product.
From a Budgeting, Forecasting and Planning perspective, we will help you:
- develop long-range plans, forecasts and budgets across the enterprise for financial, cost center and headcount
- gain consensus, and consolidate top-down and bottom-up operational plans with financial plans
- increase accountability across the organisation through a high-participation planning process
- support timely updates of forecasts to address changing market influences, new initiatives and competitive factors
- manage key plans like sales and operations planning (S&OP) with flexible, connected software to reconcile sales and demand forecasts with supply chain and production plans, and to test multiple cost scenarios.
We will help you implement IBM Cognos dashboards and scorecards so that you can:
- aggregate operational data from multiple silos, diverse business lines, regions, and across the organisation
- measure performance against strategic company initiatives
- gain a high-level overview of performance across key areas such as inventory, supply chain, quality control and fulfilment
- monitor operations or supplier performance by a specific metric such as on-time delivery
- track financial goals in terms of growth, profitability, key controllable expenses and return on net assets.
We will help you consolidate your data and turn it into meaningful information with IBM Cognos Reporting and analysis to:
- analyse sales to understand demand, optimize staffing levels and enhance operations.
- identify the processes and operations that generate unfavorable variances
- reconcile inventory, production and demand information to meet customer requirements
- report on performance by department, employee, machine, customer, supplier and operation
- reassess and optimise the product mix for a specific region.
We will introduce IBM SPSS Predictive Analytics to your business, giving you the ability to:
- efficiently perform root-cause analyses
- reduce machine/appliance/asset downtime due to the failure of critical parts
- minimise supply chain problems due to product issues
- improve productivity of maintenance resources
- avoid costs of machine/appliance/asset failure
- realistically forecast warranty accruals.
Manufacturing & CPG White Papers
Seven S&OP Reports Every Manufacturing Executive Needs
Sales & operations planning excellence with IBM Cognos.
Business analytics for manufacturing
Companies are considering new tactics: aligning innovation with business strategy, inventory optimization, intelligent supply chains and technology as a focal point of business strategy.
Overcoming barriers to supply chain performance
This white paper provides an overview of the IBM Cognos® Supply Chain Performance Management (SCPM) solution, a software application that offers comprehensive, integrated supply chain management that can be accessed anytime, anywhere through a simple web browser. We outline the costs of ineffective and inconsistent supply chain management, discuss conventional barriers to supply chain performance, and conclude by summarizing the SCPM solution and its principal features and benefits.
Picturing Performance: IBM Cognos dashboards and scorecards for consumer products
In his TDWI Best Practices Report Deploying Dashboards and Scorecards, Wayne Eckerson provides a helpful definition of an often misunderstood term: “Dashboards and scorecards are multilayered performance management systems, built on a business intelligence and data integration infrastructure, that enable organizations to measure, monitor, and manage business activity using both financial and non-financial measures.”.
IBM SPSS predictive analytics solutions for manufacturing
Make maintenance operations more efficient and gain greater control of costs.
The aviation leader discusses the 10-1 payback and smooth upgrade they've seen from IBM Cognos 10.
IBM Cognos Business Analytics software helps your organization better understand, anticipate and shape business outcomes. You can achieve breakthrough results and outperform your competition.
Cortell Australia will engage your team with senior business consultants who will help you assess which capabilities within IBM Cognos' Business Analytics derive the most business value.
We offer an inital high level assesment followed by a customised demo and quotation. We can also help you build your internal business case.
Next Step ... fill out the form below:
