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January 13, 2017

3 Production Analytics & Data Tools that Maximize ROI

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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 affect 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 of your capital investment.

2. Total Cost of Ownership (TCO) Analysis

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

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

Figure 1

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.

Discuss 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.

Haskell delivers more than $1 billion annually in Architecture, Engineering, Construction (AEC) and Consulting solutions to assure certainty of outcome for complex capital projects worldwide. Haskell is a global, fully integrated, single-source design-build and EPC firm with over 1,800 highly specialized, in-house design, construction and administrative professionals across industrial and commercial markets. With 20+ office locations around the globe, Haskell is a trusted partner for global and emerging clients.

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