Financial Opportunity Value Gap

Discover a new way to manage your supply chain.

Make your entire value stream visible in real-time

IQ-Fusion provides robust supply chain management capabilities –whether you call your value stream a product routing, workflow, process order, or manufacturing order. IQ-Fusion quickly links all “nodes” of your value stream.

Know how every resource is performing in real-time

IQ-Fusion constantly monitors and analyzes data from both automated and manual process steps. IQ-Fusion can capture data from any PLC, control system, or other plant systems using OPC or ODBC connectivity at the points of execution. When an operation is running below performance targets, IQ-Fusion automatically alerts operators and managers while they still have an opportunity to act.  Real-time visibility to critical production events means you know the real cause of problems by asset and SKU/product code level.

Know your Opportunity Value Gap

Just seeing where you volatility lies isn’t always enough.  Why?  Because not all volatility is created equal.  Some variables are much more costly than others.  Quantifying volatility, or variation, in these areas reveals significant cost savings and profit opportunities, often well into the 7 figures. IQ-Fusion correlates the critical few variables that align to your outcomes of interest. That means that you can know what process variables or attributes had the greatest impact on Overall Equipment Effectiveness (OEE), throughput, conversion costs, quality, yield, or downtime.

IQ-Fusion features the Opportunity Value Gap (OVG), derived from the Cost to Produce to quantify your financial opportunity.

This is a metric that identifies the hidden cost of variation and quantifies the profit potential from a business person’s point of view—in dollars. You can easily toggle between different views and see the same rich visibility by asset or by business process, from the point of execution to the overall performance of your value stream.

 

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IQ-Fusion brings benefits to your entire operation, and was built with executives, managers, and engineers in mind.

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