Production Analytics Module involves assessing and evaluating the production processes and activities within an organization to improve efficiency, productivity, and overall performance. It includes analysing key metrics such as production output, cycle time, utilization rates, and quality control measures. By conducting production analysis, businesses can identify bottlenecks, streamline workflows, optimize resource allocation, and identify areas for improvement. It helps in identifying production inefficiencies, reducing costs, improving product quality, and meeting customer demands effectively. Through the use of various tools and techniques, production analysis enables organizations to enhance their production capabilities, increase profitability, and maintain a competitive edge in the market.
Deviations are identified, and root causes of differences in consumption are analysed. Evaluating the impact of variations on costs and production performance is crucial. Standard consumption rates are adjusted based on actual consumption analysis. Measures are implemented to minimize discrepancies between standard and actual consumption.
Quality control activities and results are summarized by analysing QC data identifies trends, patterns, and areas for improvement. Effectiveness of processes and procedures is evaluated. Reports summarize findings for management review. Corrective actions are implemented to enhance product quality based on the QC summary.