Bid With Confidence Using Solid Analytics

If you’ve been in the business for a long time, you know about placing an accurate bid. Still, far too many manufacturers lack the data they need to submit a profitable bid. Knowing your real-time machine utilization rates, set-up times, downtimes, and how your targets align with actual performance is essential data that forms the foundation of any profitable bid.

Shop floor data is not always the most accurate, timely, trustworthy, or accessible. When submitting a bid, managers are forced to go with experience, intuition, limited data, and a lot of hope. Those can be an effective combination and are used by manufacturers across the country, but they aren’t the tools used by manufacturers who value innovation and want to create a culture powered by technology.

Leading manufacturers understand just how important manufacturing intelligence is. While they may not have adopted tools that give them the real-time analytics they need, they know times are changing. They know the difference between a profitable and unprofitable job (and company) is often found at the very margin of a bid.

Give your team the chance to submit profitable bids

Alora delivers the real-time data, advanced analytics, and the manufacturing intelligence manufacturers need. Manufacturing intelligence addresses the root of the problem and lays the foundation for continuous improvement by translating raw data into results.

By pairing your machine data with your ERP data and eliminating those pesky siloes, manufacturing intelligence takes raw data, simplifies and formats it, and then reveals the patterns to create actionable information employees can use to understand true profitability on every bid.

While products such as machine monitoring can deliver data (from one single source—machines), they only track and record—nothing integrates that info with other data sources, such as ERPs. They aren’t alone. Most data collection tools miss the step where data becomes part of a bigger picture with actionable information that employees can use.

If you’re curious to learn more about Alora, contact your ECI team to see Alora in action.

If you enjoyed learning about Alora, check out these articles:

• Alora Works for Complexus Medical with Unexpected Results
• Connecting Your ERP and Shop Floor Data for Immediate Success
• Diving Deeper Into Machine Monitoring Data