A key driver here at Boston Industrial Consulting is to help our clients “Work Smarter.” This means our engineers use their expertise to find ways to optimize design of distribution facilities, lean manufacturing, and operations improvement. When data turns into information, value is maximized and insight is gained; in short, we use Business Intelligence gained from data at your facility to strategically and actionably make plans to improve operations at your facility. Let’s take a closer look at what happens (or what can happen) when Business Intelligence is used for operational companies.
Business Intelligence is a term that has been used in business for years. It refers to software applications that can analyze raw data to find opportunities, and can benchmark against Best-in-Class operations, improve and optimize business decisions and performance. Business Intelligence tools access and analyze data sets and present analytical findings in reports, dashboards, graphs and charts in order to provide our clients with detailed knowledge about the current state of their businesses. It is not just about reports, however. It is understanding trends within the industry, examining raw data, and deriving insights that can help make your operations more efficient and productive.
How BI can Work for Operational Companies
Data ultimately drives decisions that lead to operational excellence. At Boston Industrial we use Tableau Software as the tool to collect and standardize data for our analytics and modeling. Operational data, such as labor time studies and storage utilization, is transformed into usable information and valuable statistics. Client analytics are generated to develop KPIs, identify opportunities, validate concepts, and create Return-on-Investment (ROI) justification. All of this information can help us in our goal to help you “Work Smarter.” Here are a few examples of how BIC can make smart improvements in your operations:
- Shorten lead time to product launch, shorten product times, and reduce work-in-progress inventories.
- Streamline production line, explore alternatives for production line delays.
- Identify waste or redundancies and plan for elimination.
- Use technology services to identify system gaps and summarize in a detailed gap analysis.
- Create a plan for full scale implementations of: Warehouse Management Systems (WMS), Enterprise Resource Planning Systems (ERP), Transportation Management Systems (TMS), Manufacturing Execution Systems (MES), Demand Planning Systems (DP), Data Warehousing (DW), and Business Intelligence (BI) solutions
- Create a culture of continuous improvement.
We help implement BI Tools with our partner, Tableau Software, and provide strong KPI and collection tools to help companies manage day to day operations. Wondering how BI software can help make your operations more efficient and productive? Call BIC at (978) 739-0399 or visit our website at BIC to find out more.