Engineering
Engineering Analytics.
Stay competitive, profitable, and innovative.
We have identified several industry specific metrics (see below) that may be of interest to you. However, there are basic business metrics that should always be analysed, and regularly, in order to point you in the direction of what needs investigation. These are:
Revenue / Sales. Total income generated from sales before any expenses. It shows the overall scale of the business and is a top-line indicator of growth and demand.
Net Profit Margin. Net Profit expressed as a percentage. It reveals how much actual profit the business makes after all expenses … a key measure of efficiency and sustainability.
Cash Flow. Net amount of cash moving into and out of the business. Indicates liquidity and the ability to meet short term obligations, invest, and grow.
Fixed Costs vs Revenue. Costs associated with running the business. Identifies areas to reduce costs and improve profitability.
Accounts Receivable/Payable. Identifies what may be affecting cashflow.
Industry Specific Metrics: Engineering
Project performance.
Why? Determine if projects are being delivered on time and within budget.
Profit Margins
Why? Identify which projects, clients, services or product lines are the most (or least) profitable.
Cost Structures
Why? Identifies areas to cut costs and optimise operations without compromising quality.
Resource Allocation and utilisation
Why? Discover inefficient assets and overworked staff.
Client and Market Trends
Why? Understand client needs in order to adapt services and/or technology accordingly.
Operational Efficiency
Why? Uncovers process improvements and more cost effective service delivery.
Product & Design Performance
Why? Ensure output is reliable, compliant, and meets specifications.
Risk and Compliance Monitoring
Why? Avoid fines, delays and brand damage.
Innovation and R&D ROI
Why? Measure and understand the effectiveness and impact of R&D efforts and innovation expenditure.