Manufacturing
Manufacturing Analytics.
Ensuring Efficiency, Quality and Productivity.
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. 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.
Production Efficiency
Why? Identify bottlenecks and downtime.
Quality Control Metrics
Why? Ensure product consistency, reduce waste and improve customer satisfaction.
Inventory Management
Why? Prevent Overstocking (or Understocking) and improve cashflow.
Downtime and Maintenance
Why? Predictive maintenance reduces unexpected stoppages and extends equipment lifespan.
Supply Chain Efficiency
Why? Ensure raw materials are available when needed and reduce delays.
Workforce Productivity
Why? Identify training needs and maximise labour efficiency.
Cost Analysis
Why? Improve pricing strategies, help reduce costs, and increase profit margins.
Energy and Resource Usage
Why? Drives sustainability and reduces utility costs.
Customer Order Fulfillment
Why? Enhance customer satisfaction and retention.
Profitability by Product Line
Why? Informed decision-making on product scaling, investment or discontinuation.