Industry Challenges | Rapid evolution and changing demand patterns
The Manufacturing industry is going through rapid evolution with variable demands and constant advances in technology which results in the need for change in product lines more quickly as the demand shifts. Enterprises are renewing focus on containing cost so that they can operate profitably.
Some of the salient challenges being faced by manufacturing enterprises are:
High DSO and Target Cash Flow
1
Volatile demand forecasting
2
Large number of unplanned outages and maintenance activities
3
High number of errors/revisions in order processing
4
Inaccurate leading indicators for long lead time products
5
DRYiCE iControl | Round-the-clock, real-time observability of IT systems and business processes for proactive problem identification and remediation
DRYiCE iControl (iControl) is a manufacturing business flow observability solution that provides real-time visualization of the full set of business processes, their integration, and associated systems. This enables business and technology operations to track process capability against key performance indicators and defined service level agreements.
With iControl, organizations can go beyond the traditional monitoring of business processes and leverage next-gen observability to provide actionable insights to predict, prevent, and correct potential issues and performance bottlenecks, which empowers the stakeholders to make informed, real-time decisions on the business process in their organization with the predictive analytics.
The iControl Advantage| Improved operational stability with real-time insights and reduced manual errors
Reduction in master data errors and revisions due to order entry inaccuracy
Optimized and synchronized schedules to balance planning and production efficiencies
Better safety-stock management and tracking of product inventory at global level
Accurate planning and forecasting based on granular data
