Data analytics

Data analysis (data analytics) of the manufacturing and complexity costs of a product

Continuous tracking of manufacturing and complexity costs helps to increase the margin performance of a product. Data analysis involves analyzing and processing all of a company’s data in such a way that it can be used for decision-making. The extracted findings are of great importance for determining solutions to problems. Our team analyzes existing manufacturing cost data for you and prepares it for further data processing. The customer-specific data model created enables you to use the data efficiently, increase your productivity or reduce manufacturing costs.
  • Contact

Product Cost Tracking

Existing company data is processed and analyzed as part of product cost tracking. This allows deviations in the existing manufacturing costs of a product to be identified and necessary measures and alternative courses of action to be derived for the company processes. Changes in the bill of material (BOM) structure are also displayed and evaluated. This enables you to continuously track the cost development of your products and predict future developments (predictive analytics) in manufacturing costs. Any cost increases can thus be prevented.

Business Intelligence

Visualization of manufacturing costs
Based on a Business Intelligence (BI) solution, we extract the most important data points of the manufacturing costs incurred for your product and visualize them for you in the form of key figures, KPIs, reports or dashboards. Using the BI approach enables you to collect and analyze data in electronic form. This allows you to make faster decisions in the so-called “Management Decision Making Layer” and improve company processes and supplier workflows.

Predictive analytics

Use historical data, predict future manufacturing and complexity costs
The past and present company data collected during data analysis is utilized using machine learning and artificial intelligence (AI). Predictive analytics focuses on forecasting future developments and processes. On this basis, we can forecast the behavior of the manufacturing and complexity costs of any product for you.