Analytics for configurable products provide your organization not only the insight into the products and services you sold but also support business decisions to enable profitable growth.
Variant Configuration (VC) analytics on HANA leverages the speed of the SAP HANA platform and supports dynamic generation of analytics queries based on ERP data, without the need to model configuration options and values in a data warehouse. This approach reduces the complexity of implementing and operating VC Analytics, and eliminates the need for updates after each extension of the underlying configuration model.
Qnovate also offers a set of broader financial and operational analytics solutions, which focus on critical success factors and help companies to achieve long-term sustainable and profitable growth
Still, reaching a consistent high level of operational performance is difficult due to many factors, such as distributed processes, disparate information from multiple sources, and uncontrolled operational and financial risks. These challenges can lead to operational inefficiency and unpredictable costs, order fulfillment failures and lost opportunities, and as a result in missed revenue and market share erosion. In addition, the inability to understand trends and the profitability of markets, customers, and products makes it difficult to implement new strategies.
SAP’s analytics tools help to turn the flood of raw data companies have on hand into real competitive advantages. Decision makers need an easier way to explore insights.
Qnovate’s interactive dashboards are based on industry KPI’s (key performance indicators), and offer users personalized, drag-and-drop functionality and interactive gauges, charts, and widgets – for instant access to clear, understandable metrics. The same dashboards can also be used for mobile devices, for insights anywhere, anytime.
The following are some examples of analytics solutions for the industrial machinery companies across several functional areas
Executive dashboards – managing risk
Procurement – efficient and secure supply
Manufacturing – reliable and effective operations
Supply Chain Management – efficient and transparent supply chain
Sales and Product Management – meeting and exceeding customer requirements
Sustainability / Compliance – sustainable enterprise