Software identifies profit optimization opportunities.
Press Release Summary:
Integrated, stand-alone Profitability Dash Manufacturing Intelligence Software Suite v4 can also be used with existing ERP or MRP systems to facilitate strategic planning and identify profit optimization opportunities. Software includes KPI Manager, Profit Manager, Business Intelligence Manager, and Scorecard Manager, which create reports and analyze business data, and is used by manufacturing companies.
Original Press Release:
pVelocity releases Profitability Dash 4.0
Toronto, Ont., Sept. 26, 2002-pVelocity Inc. has released a new version of its Profitability Dash Manufacturing Intelligence Software. Version 4.0 is an integrated, four-part suite that works as a stand-alone tool or can be used with existing ERP or MRP systems to facilitate strategic planning and identify profit optimization opportunities.
Created following consultation and collaboration with Profitability Dash users, the Version 4.0 suite includes:
KPI Manager
o organizes a manufacturer's key performance indicators, the measures that drive profitability.
o provides real-time measurement of sales, manufacturing, capacity, health and safety and the management of schedules that enables manufacturers to maximize profits
o generates and facilitates reports about customer profitability profiles (margin/hr., variable margin/hr, volume per month, product profitability), manufacturing (on-time delivery, actual productive uptime), equipment utilization (at each process stage) and safety (lost time injury)
Profit Manager
o offers a digital dashboard enabling users to view manufacturing status quo including plant capacity analysis, product profitability and costing, bottleneck management, return on capital evaluation at one plant, across a region or around the world
o provides profitability analysis, forecasting and customer profitability analysis
o provides simulated manufacturing scenarios including expansion planning, footprint restructuring, new market penetration, incremental product pricing strategy and maintenance management
Business Intelligence Manager
o reports and analyzes key information to provide intelligent decision-making on the status quo
o management reports help users compare key performance indicators over time to identify trends
o operational reports focus on manufacturing (capacity utilization, product cycle times and constraint management), sales and marketing (customer profitability and market profitability) and finance (product, plant, customer and market profitability)
o generates customer profitability profile reports (by volume, margin and margin/manufacturing hour), financial forecasts (uses previous period data to forecast a plant's profit, unit costs, volume, margin and safety)
o provides scenario impact analysis (capacity utilization, pricing/raw material cost changes and expansion planning), freight profile (by customer, distance and load), product profitability profile (by volume, by margin and margin/manufacturing hr.) and plant benchmarking (profit, unit costs, volume, margin, safety, capacity utilization, on-time delivery, yield and returns as a percentage of sales)
Scorecard Manager
o linked to the KPI Manager, it provides a continuing analysis of the status quo compared to plan for each key performance indicator allowing users to establish a continuous improvement cycle
o quantifies improvements and can be used for individual and group performance compensation or remediation management.
The Profitability Dash Manufacturing Intelligence Software is used by manufacturing companies in a variety of sectors including chemicals, aluminum, plastics and others. The National Research Council of Canada (Industrial Research and Productivity) has called the Dash "the missing link in factory fixing" following a study of its capabilities.
pVelocity Inc. is a private firm located in Toronto, Ont.
More information:Scott Langdon 416-234-5808
