Predictive analytics for the manufacturing sector

Improve end-to-end operational performance and reduce cycle time and costs through predictive analytics for manufacturing. Our predictive analytics solutions help manufacturing companies fine-tune product quality and optimize production processes to comply with quality regulations and standards, meet tight delivery deadlines, and strategically respond to an ever-changing market.

Manufacturing analytics use cases

Solutions - Manufacturing Dashboard - Bike Sharing

OPERATIONS

OPTIMIZING
PRODUCTION QUALITY

FAULT PREDICTION AND
PREVENTATIVE MAINTENANCE

IMPROVE
MANUFACTURING PROCESSES

REFINING
QUALITY ASSURANCE

INVENTORY MANAGEMENT

ASSET TRACKING
ACCURACY

BETTER PRODUCT
DEMAND FORECASTING

PREDICTIVE
PRICING

SCRAP
MONITORING

FINANCE

REJECT RATIO

WARRANT
YANALYSIS

OPERATIONS
COST

SPEND
ANALYTICS

SUPPLY CHAIN AND LOGISTICS

MATERIAL
MANAGEMENT

MANAGE SUPPLY
CHAIN RISKS

ORDER AND
DELIVERY TRACKING

LOGISTICS
MANAGEMENT

Manufacturing solutions at a glance

ANALANCE SOLUTION :

Drill through each component in the production life cycle. At a glance, evaluate how data coming from the production line impacts first time yield and identify opportunities to improve efficiency. Plus, isolate stages that drive up costs, causes abnormal variations, drives up DFMO, or results in regulatory sanctions.

ANALANCE SOLUTION :

Process historical operational data using pattern recognition methods to predict unplanned downtimes and detect machine failures. This reduces maintenance costs and disruptions, plus increases speed to market. Using the same method, determine which quality assurance tests you should focus on and for which machinery.

ANALANCE SOLUTION :

Predict product demand and help manufacturers produce just enough and just in time. Insights are gleaned from both historical sales data and trends within the production process. This analysis guides the production chain, reduces scrap rate, improves energy consumption, breaks down production silos, and even enhances customer satisfaction.

ANALANCE SOLUTION :

Predict and auto-adjust product prices in response to various factors. Using the chi-squared test of association, determine if there are any significant correlations between certain dimensions (buying price, production cost, demand, location, season, etc.) and the selling price to stay competitive during uncertain economic conditions.

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Why enable predictive analytics?

ADVANCED AND AGNOSTIC

Optimize decision-making and business processes with one analytics platform that scales from BI to Advanced Analytics. Reduce costs and the security risks of having multiple solutions.

PREDICTIVE AND ACTIONABLE

Out-of-the-box ML algorithms make it easy to explore data. Get visibility into future outcomes and extract valuable recommendations to inform business strategies.

AUTOMATED AND EASY

A simplified UI allows citizen data scientists to model and visualize data effortlessly. Discover patterns and find opportunities in your data using smart tools with built-in ML capabilities.

ENABLES AND EMPOWERS

Change how executives, analytics leaders, business users, and data scientists work with data. Reduce long hours and repetitive work that’s prone to error.

Analance empowers organizations with data analytics for better storytelling and predictive insights that help scale business outcomes.