Manufacturing Analytics & Reporting

Stratum’s manufacturing performance analytics and reports provide the insight you need to …

  • Respond quickly and effectively to customer demand
  • Optimize machine and labor utilization and efficiency
  • Improve manufacturing order cycle times
  • Improve quality of output

The performance areas addressed by Stratum’s Manufacturing Analytics include …

  • Production Performance

    • Orders & Status
    • Work in Process
    • Labor Variance
    • Materials Variance
    • Overhead Variance
    • Utilization
    • Efficiency
    • Productivity
    • Production Variance
    • Performance to Schedule
    • Downtime
    • Scrap

Production Performance

Stratum lets you assess day-to-day operational information to ensure that you can accommodate customer demand and that your resources are optimally utilized. Some of the production analytics that Stratum provides include:

  • Operations analysis of orders, order status and work in process
  • Labor, materials and overhead variance analysis
  • Manufacturing Scorecard of key metrics like these:
    • Production quality
    • Performance to schedule
    • Labor productivity
    • Machine productivity
    • Labor efficiency
    • Effective output
    • Labor utilization
    • Machine utilization
    • Machine efficiency
    • Machine output
    • Scrap analysis
  • Maintenance & Repair (MRO) Performance

    • Maintenance Requirements
    • Unplanned Downtime
    • History
    • Backlog
    • Status

Maintenance & Repair (MRO) Performance

Use Stratum to measure maintenance and repairs of your production equipment, too.

  • Monitor machine downtime, including unplanned events
  • Track equipment maintenance history to better plan and manage your future maintenance requirements
  • Easily see what your backlog is so you can plan machine utilization more effectively
  • Monitor the status of your work orders so you can quickly pinpoint potential delays that may impact forecasted utilization dates
KPI Guide Picture

The Definitive Guide to Defining & Delivering Effective Key Performance Indicators (KPIs)

If you're looking to gain more knowledge about the meaning of Key Performance Indicators (KPIs), the value they can offer to your business, how to plan and collaborate around them and so much more, download our recently published guide to KPIs.

Get Silvon’s KPI Guide

Relevant Manufacturing Analysis & Performance Management Articles

Is Your Data Ready for AI and Analytics?

A recent Deloitte survey found that 51% of CEOs consider data challenges the primary obstacle to generating business value with analytics and Artificial Intelligence (AI). Clean, accurate and reliable data is essential to turning AI and analytics into powerful assets t…

A Strategic 8-Step Approach to Successful Business Intelligence Deployments

Management's ability to consistently make timely and accurate business decisions—at both strategic and operational levels—is extremely influential in determining whether the company surpasses, or gets surpassed by, competitors. Yet for too many business executives, decision making is …

20 Essential Financial & Operational KPIs for Manufacturing Businesses

Performance tracking using metrics and KPIs can often be perplexing for many organizations. KPIs generally track longer-term company goals and are typically more financial or strategic in nature, such as increasing revenue by a certain percentage within a specified p…

Why a Modern BI Platform is Needed for Predictive Analytics

In an era where data is the new oil, businesses are constantly seeking innovative ways to extract valuable insights from their vast data reservoirs. Predictive Analytics has emerged as a pivotal tool in this quest, offering unprecedented foresight into market trends,…

How Manufacturers Can Leverage AI & Analytics For Strategic Decision-Making

Across the globe, manufacturing businesses are navigating economic uncertainties with increasing sophistication. Critical to guiding them through today’s fluctuating markets is the accuracy and actionable intelligence derived from data. Insights gleaned from robust d…

Harnessing Data Analytics to Fuel Business Growth

Data stands as the cornerstone of the global economy, offering significant leverage to businesses poised for expansion. However, data alone lacks intrinsic value. Without analytical tools and methodologies, navigating through vast amounts of data can be overwhelming. Nonethe…

The Benefits of Integrating Operational Reports with Strategic Analytics

Today's business applications are capturing, processing, and storing unprecedented volumes of data. Systems like ERP are at the heart of this data deluge, tracking everything from sales and financials to manufacturing and supply chain operations. But this data abu…

The Advantages of Using Self-Service Business Intelligence (BI) Tools

In today's data-driven business environment where the volume of business data is constantly expanding, it's crucial for companies to emphasize effective data management and analysis through business intelligence (BI). BI tools are instrumental in enabling busines…

How to Successfully Onboard a New Business Intelligence & Reporting Solution

The right business intelligence and reporting software can significantly enhance business outcomes by giving decision makers greater visibility and insight into sales and operational performance. But getting your whole team psyched up to use and get the most value …

4 Factors Fueling the Growth of Modern Data Hubs for Business Reporting

As the volume of data and requirements for gaining access to it continue to skyrocket, it is becoming vital for organizations to find ways to aggregate their business information and quickly understand it. And that involves putting the ability to analyze data into th…

Cascading KPIs To Drive Business Performance

The practice of “cascading” KPIs aligns strategic objectives with business unit targets and performance measurements to drive positive results. This involves linking high-level objectives with departmental objectives and KPIs to create a clear line of sight from the …

Supporting S&OP with Stakeholder & Supply Chain KPIs

KPIs are essential in S&OP as they provide a quantitative framework for gaining visibility, aligning efforts, supporting decision-making, and driving continuous improvement across the business. But how do you know if you are using the right KPIs, including both st…

How to Define a Performance Measurement Strategy

While clearly important in today’s constantly changing business environment, so many companies continue to struggle with how to measure and improve their performance – grappling with questions like: Which metrics really matter? How do we get buy-in around the org…

5 Balanced Scorecards for Manufacturers

The balanced scorecard is a powerful tool for helping companies improve their performance. It provides a clear and concise way to measure progress towards strategic goals, and it helps to align the efforts of all employees with the organization's strategy. We always recomm…

Improving S&OP with Forecasting Analytics & Business Intelligence

Sales and operations planning (S&OP) is a consensus-based communications process that provides insight and control over a company’s supply chain decisions. While a manufacturing organization can have an S&OP process in place, though, it can still have issues …

Silvon Software Inc. One Mid America Plaza, 3rd Floor, Oakbrook Terrace, IL 60181 • 800 874 5866 • Fax: 630 655 3377 info@silvon.com
Link to our Home page • Copyright ® 2024 Silvon Software Inc. • All rights reserved.Our Privacy Policy