Real Time Informed Decision Making
Understanding the interdependence and limitations of equipment, resources and supply chains is crucial to effectively managing throughput of systems. Early warning indicators coupled with risk based mitigation strategies allows a more effective response to variation in operations.
A well designed management information system should complement and integrate all existing software systems. Structured data at the right level of granularity provides greater visibility and understanding of real time operations.
A management information system should have roll-up and roll-down functionality across the vertical of the organisation. This functionality enables the effective tracking of budget and operational variance against targets and historical information.
The implementation and management of process controls that can be tracked operationally by means of measurable real time KPIs is fundamental for informed operational and management decision making.