With Business Analytics, organizations are now able to utilize all of the structured and unstructured information, including those stored in operational systems to gain better insight into their processes and assets. This enables quicker and more accurate decision-making. Operational analytics enables organizations to:
- Plan for operational success
- Manage daily operations
- Maximize operational performance
The important operational focus areas for Business Analytics are
Supply Chain – Business Analytics solution for Supply Chain provides an Insight into all areas of the supply chain and in turn it helps eliminate downtime, reduces unpredictability and provides more customer satisfaction. Organizations can visualize the entire supply chain and use appropriate scorecards and dashboards to overcome the drawbacks of’ siloed data’ and thereby assess the flow, provide feedback, evaluate metrics to improve the supply chain
Manufacturing – By integrating predictive analytics, business intelligence and performance management techniques organizations across various industries can reduce costs by improving efficiencies and optimizing assets. With help of the required Analytics, Manufacturing can align customer demand with production, improve quality and maximize asset productivity and performance.
Process Management – Business Analytics for Process Management combines predictive analytics, business intelligence and performance management techniques to help organizations across various industries reduce costs by acquiring process alignment across the organization to improve responsiveness, drive competitiveness and reduce cost to the business.