Chemicals & Plant Operations

Chemical Industry Process Flow



Overview

How can FACTis BI solutions enable you to change the game?

FACTis a Business Intelligence Product Drive Agility and Growth in Chemical Industry

FACTis BI Analytics help to track, monitor Uncertainty, complexity, and regulatory oversight that’s are increasing in today’s volatile market scenario and help, ensure sustainable growth and performance, chemical companies must constantly innovate and adapt their products, processes, and business models to maximise their market share.

Volatile prices of raw material and energy and the trend to adopt global and sustainable sourcing policies have increased complexity and risks. With FACTis BI, decision maker can track, monitor and understand spend across multiple business units, collaborating with and tracking supplier’s performance, and measuring critical KPIs to mitigate supplier-related risk becomes essential.

With FACTis-BI-

Inventory optimization :

FACTis-BI allows chemical manufacturing companies to track inventory usage across location and time, monitor inventory costs and profits through multiple layers of information, and identify inventory overage or obsolete or slow moving inventory. In addition, users can set up alerts for instant notification of low inventory levels.

Financial management :

With FACTis-BI, chemical manufacturers can develop budgets that incorporate production, operation, sales, fulfillment, and finance figures for optimal forecasting and planning.

FACTis-BI helps front-line managers improve financial performance with complete, up-to-the-minute information on their department’s expenses and revenue contributions. KPI’s and reports enable financial managers to improve cash flow, lower costs, and increase profitability while maintaining more accurate, timely, and transparent financial reporting that helps ensure regulatory compliance.

Supply Chain and Order Management:

FACTis-BI enables assess inventory levels, determine likely product fulfillment needs before the order has been booked, quickly identify potential order backlog issues, and stay on top of critical accounts receivable (A/R) and daily sales outstanding (DSO) issues. By leveraging actionable and fact-based insights, one can transform current Supply Chain and Order Management processes to improve financial performance and customer satisfaction.

FACTis-BI allows manufacturers to evaluate supplier performance on a daily basis to better negotiate prices, ensure timely deliveries, and maintain high standards of quality. In addition, FACTis-BI helps manufacturers identify changes in supply and demand and monitor freight costs.

Procurement and Spend

FACTis-BI increases visibility into the complete procure-to-pay process, including comprehensive spend & procurement analysis, supplier performance analysis, supplier payables analysis & employee expense analysis. Through complete end-to-end insight into the factors that impact company performance, one can significantly reduce costs, enhance profitability, increase customer satisfaction, and gain competitive advantage.

Cost management

Chemical Manufacturers are always looking to increase their profit margins by reducing costs.

FACTis-BI allows in-depth cost analysis across multiple sources so that companies can track material, manufacturing and production costs through multiple layers of information. Companies can also reduce overhead costs by analyzing and monitoring operational efficiency and identifying areas where they can streamline processes and procedures

What do FACTIS BI solutions help customers do?


Agile manufacturing

Optimize manufacturing capacity by rapidly translating demand signals into shop-floor orders with Sensitivity Analysis (what-if Analysis)


Sales and marketing

Engage consumers with valuable information and offers tailored to increasingly refined segments. Identify which customers & channels are more profitable and customers are suitable for loyalty rewards through Alerts in scorecards.


Procurement

Streamline sourcing operations – fostering collaboration with suppliers and enforcing compliance.


Real-time supply chain

Increase visibility into demand to synchronize and collaborate across a global supply network by getting a clear visibility on suppliers rank by cost, quality and timeliness and “on-time / in full” delivery rate by customer through FACTis Mobility


Platform and technology

Enable a flexible, scalable, and cost-effective enterprise platform to be consumer driven.

Benefits

What are the benefits?
FACTIS BI solutions help consumer products companies:

  • Be first to market with innovative products
  • Optimize customer service and profitability across the entire business network investments
  • Reach, engage, and serve consumers while maximizing return on brand and promotion investments
  • Key facts

  • 23% Lower inventory carrying costs where forecasts are dynamic and updated frequently*
  • 70% Profitable trade spend among the top 25% of the highest performing consumer products companies*
  • Why FACTis BI ?

    Why FACTIS-BI?
    FACTis Chemical Intelligence solution Performance indicators lead to a competitive advantage in Consumer Products. FACTis BI solutions help to improve Net margin, On-time and in-full delivery, Percentage of revenue from innovation, Cost of goods sold, Inventory turns, Time to market , Forecast accuracy analysis.

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