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Business Intelligence Analysis

Business Intelligence Analysis

Engineers all over the world are concerned about saving their company money. One of the main ways they are able to do this is through Business Intelligence (BI) analysis.

BI is the use of software and other tools and applications to analyze a company’s raw data. BI data analysis helps companies make strategic business decisions. A computerized maintenance management system (CMMS) can be a critical tool for gathering and analyzing this information. In fact, Mapcon Technologies, Inc. has incorporated a tool within their CMMS specifically for this, called the MAPCON Business Intelligence Reporting Tool, or MBIRT. (Read More)  It allows clients to create custom reports that make it easy to analyze data and make informed business decisions.

So, what are a few ways a CMMS can assist with BI analysis?

Predictive and Failure Analysis.

Many CMMS programs are able to help determine when a machine is most likely to break down, simply using historical data. For example, if a machine needs a new gasket around every 2,000 hours of operation, a preventive maintenance task can be set up to change the gasket ahead of time, perhaps at every 1,950 hours. Researching this and knowing ahead of time when a machine is more likely to fail can help decrease equipment downtime, thus saving the company money. It can also show if there is a time of year when more repairs are needed, which can be helpful for planning resources. Additionally, an engineer can drill down and analyze the repair costs and downtime on a machine to figure out if buying a new one is more cost-effective than continually repairing the old one, and also ensure any parts or tools needed for repairs are available.  

HR Decisions.

Many programs include a few reports that can be used to make HR decisions. For example, an open work order by crew or shift report can be run. This report shows what work a specific crew or shift has. If there’s too much work, HR can decide to hire another person or change someone’s shift. Conversely, it can be used to see redundancies within the shift or crew, and a decision to let someone go can be made responsibly. The history on a piece of equipment can also be analyzed to make HR decisions. When reviewing preventive maintenance (PM) information on equipment, managers can see the type of work done, and which employee did the work. They can also see if a PM was not completed on time and see which shift, crew, or specific employee is responsible.

Inventory Control.

One of the easiest ways for any company to save money, is by knowing what inventory is in stock and what needs to be reordered. Maintaining the proper inventory can help decrease repair time as well, by ensuring all of the necessary parts and tools are in stock at all times. An inventory usage report can be run to see what parts and equipment was used over a specific amount of time, which can then be used to determine the minimum that is needed in stock at any given time. It can also show what is not being used very much and does not need to be reordered as frequently, preventing overstocking of parts and saving money.

Understanding and analyzing BI data is a vital part of every company’s success. A CMMS is an excellent tool that can be used to compile data for analysis, thus making important decisions that impact the future of the company even easier to make. Many CMMS companies (such as Mapcon Technologies, Inc) even offer mobile versions of their software, which means important reports can be run anytime, anywhere. Having this information available at the touch of a button can be extremely helpful.

Mapcon Technologies, Inc.