Digital Innovation Strategy
The presiding challenge was to manage high volumes of manufacturing and sales data spread across India, which proved to be tedious and time-consuming. The lack of an adequate business intelligence (BI) tool able to convert this data into meaningful analytical reports and dashboards led the company’s top management to implement a BI solution to build the analytical dashboard.
The company used a combination of five tools to successfully design a solution to suit its niche purpose. As a result, the analytical data is now available at daily, weekly and monthly intervals on the click of a button. The data can be analyzed using various permutations and combinations with a drill down approach.
It has helped in several avenues including production quantity improvement, reduction in a shortage of raw material, reduction in labor and manufacturing costs, improved delivery, improvement in quality of product, reduction in field failure rate, product/model profitability improvement, and sales growth in terms of both quantity and value.