Planning & Analysis for Manufacturing

While the manufacturing industry – along with the agriculture industry – is one of the most automated, and ERP systems have become indispensable, those responsible for financial and sales planning often still rely on Excel or isolated solutions. This results in lengthy processes, which often lead to plans that are already outdated by the time they are completed. For reasons of time-consuming planning processes alone, it is just as difficult to think about quickly adjusting to unforeseen circumstances such as rapidly decreasing sales volumes or strong fluctuations in the sales price of the goods produced as it is to create scenario models. With increasing digitalization and globalization of markets, however, it is precisely these capabilities that are needed, particularly when factors must be included such as manufacturing sites all over the world, different currencies, and different accounting standards.

Unified planning for all departments and functions fosters collaboration, increases data quality, and allows a wide range of scenarios to be run and reforecast at lightning speed. Automated planning also provides for automated currency conversions and transfer to different regional accounting standards for financial consolidation. With Jedox and a global network of more than 250 partners, you benefit from comprehensive expertise for industries such as automotive, machine and tool manufacturing, pharmaceuticals and many more.

With Jedox, manufacturing companies plan with always up-to-date data from ERP and other source systems seamlessly integrated for analysis and further planning in a unified platform solution – without burdening the resources of the source systems. Time-consuming processes for the collection, preparation and reporting of data is easily automated, as can regular forecasts to better align production with demand and uncover further optimization potential through in-depth analysis at various levels of aggregation.

The platform architecture in the cloud (public, private or on-premises) allows tailored solutions for different tasks and departments, ensuring a common, uniform data foundation across departmental and national boundaries. This dramatically improves collaboration and data quality. Laborious collection and preparation of data is eliminated, and finance professionals can devote themselves to more strategic, value-added tasks that allow them to be a better business partners across the organization.

AI wizards allow experts and business users alike to enable more robust data collection and thus create more accurate forecasts for manufacturing sites – from machine utilization to runtimes and downtimes – for sales and other areas.