Manufacturing is heading towards rapid automation with the advent of industry 4.0 and traditional manufacturing practices are being steadily replaced with mass-scale digitization in all nodes of the value chain with Operational Intelligence as the new mantra. Despite the digital advancements, manufacturing organizations are increasingly facing the challenge of suboptimal operational performance and lower agility.
Summary of the solution
ITC Infotech’s Factory Performance Intelligence (FPI) helps organizations drive operational excellence through maximizing the performance of business-critical operations. It is a structured approach to provide visibility into manufacturing operations performance based on personas, bring attention to the right things, help prioritize and take necessary steps to improve the performance.
What’s in it for you?
- Improve overall equipment effectiveness (OEE) by 10-15%
- Reduce Cost of Poor Quality (COPQ) by 8-10%
- Real-time tracking of asset status and throughput