Historically, manufacturers have “looked to the past” to help predict what they need to do in the future. This would include basic business intelligence, powered by spreadsheets, and even manual processes. The challenge is that what will happen may be something outside of what the past can predicts – who, 25 years ago, would have considered the Internet as a primary vehicle for commerce, or that Big Data would become both a treasure and a tragedy for organizations? Consider other factors, such as regulations, largely transient customers (where loyalty and brand aren’t what they used to be), disruptors (such as new entrants and technologies), and the need for manufacturers to “move faster than ever” – in effect, to be able to plan for the future before it happens.
This brief dives into how FICO Optimization can help manufacturers deploy optimization solutions up to 80% faster than before, while empowering frontline staff, business analysts and data scientists to collaborate to solve your hardest problems. Also:
- Discover new opportunities to drive margin and efficiency in areas never before possible with other analytic tools and enterprise software.
- Leverage insights to plan for the future, and quickly make changes that address immediate needs or conditions.
- Readily import data from your analytic tools, ERP software, spreadsheets and MES into your optimization framework, so you don’t need to “rip and replace” your existing infrastructure.
- Unlock the hidden value of your data by leveraging multiple data sources, in-stream or at-rest, within your analytic decisioning framework.