3 Production Analytics & Data Tools that Maximize ROI

Posted by Admin on Jan 13, 2017 11:51:21 AM


 Are you looking for ways to maximize the return on investment in your facility? Most manufacturers are. With this client concern in mind, our System Analytics team developed three tools to help you make data driven decisions that will protect your investment:

  1. Capacity Optimization Model
  2. Total Cost of Ownership (TCO) Analysis
  3. Production Forecast Model

Let's explore how each of these production analytics and data tools can positively impact your business.


1. Capacity Optimization Model


Several day-to-day operational decisions impact the bottom line. Scheduling, for instance, increases in complexity as customers demand more specialized products. A capacity optimization model considers how these factors affect your ability to satisfy orders. This tool recognizes the pull of increasing demand, so you can make the most out of your capital investment.


2. Total Cost of Ownership (TCO) Analysis


There’s more to capital improvements than just a Capex price tag. Ongoing operational costs like labor, maintenance and energy usage impact the profitability of capital investments.

“Our analysis covers all the bases of the Total Cost of Ownership (TCO) and delivers clients the best solution, not just any solution.” 

-  Chris Dyar, Haskell Engineering Manager - System Analytics


When extra capacity is needed, this tool helps identify and deliver a route towards the most cost-justified solution, including:

  • System refurbishment and upgrades
  • High-speed, more automated footprint
  • Facility expansion or consolidation

Iceberg production.jpg


3. Production Forecast Model


What’s the capital outlook for the next 10 years? Take a second to think about it. Will your facility be prepared?


Business growth is a good thing; in fact, it’s essential. With this tool, you can forecast when to trigger new capital improvements to avoid spending money before it’s needed.

When it’s time for change, these tools provide a roadmap to keep your business running efficiently.


Are you interested in discussing the possibilities with the Haskell team that created these tools? Contact Chris Dyar, Haskell Engineering Manager-System Analytics at christopher.dyar@haskell.com to discuss how you can use these tools to maximize your current investment.


Related Content

Optimization Tools: The New Standard of Facility Effectiveness

7 Costly Pitfalls of Inventory Management

Are you calculating OEE accurately?

Topics: Processing and Packaging, Innovation