Why Company-Wide Reporting Matters More Than You Realize

Think for a moment about the benefits of implementing a downtime tracking solution like Thrive across your entire production line. In a matter of minutes, you can track and chart the performance of individual machines by days, weeks, months or even years. You can uncover trends and patterns that would have otherwise gone undiscovered. You can see how efficiently your machines are operating not only based on the product they’re producing right now, but based on shift and other criteria that matter most to you. 

Now, imagine if you had that same level of insight across multiple locations within your company. It’s a true “bird’s eye view” in every sense of the term, and it’s not something you’ll be able to achieve unless you embrace company-wide reporting with open arms. 

The Impact of Company-Wide Reporting: Better Decisions, Better Performance 

With company-wide reporting, you can unlock that same level of insight across your entire business – regardless of whether you’re talking about two locations in the same city or a dozen spread out across the country. Not only that, but you can see every location’s performance in a single, straightforward report – all so that you can compare individual plants as a whole, or even individual lines in separate locations that are producing the exact same product. 

Even going beyond the fact that this allows you to quickly correct what isn’t working to improve efficiency and productivity, it brings with it a host of other unique advantages, too. In just a few quick clicks of your mouse, you can easily find plants that can accept more volume – all to keep things running as smoothly as possible. If a specific plant is underperforming relative to the rest of them, you can see WHY – thus putting you in a position to do something about it. You could upgrade inefficient technology to get that plant to the exact position it needs to be in, or even allocate training funds based on cold, hard data. 

You can even implement standard work practices that will improve productivity – all in the name of meeting your goals and exceeding your expectations whenever possible. 

But if you’re still only tracking effectiveness based on individual pieces of equipment or on smaller portions of your organization, you may be getting A picture of what is going on – but you’re not getting the COMPLETE picture. That’s a point you can only get to through true company-wide reporting, which is a large part of what our own downtime tracking solution at Thrive is all about. 

Not only that, but you can also print out a road map of your entire company every morning right from Thrive’s dashboard. Make no mistake: that is a very exciting position for any manufacturing business to be in. 

If you’d like to find out more information about why company-wide reporting matters more than you realize, or if you just have any additional questions that you’d like to discuss with someone in a bit more detail, please don’t delay - contact Thrive today.