Business Intelligence Reporting Dramatically Enhanced
Complex capacity planning & improved on-demand forecasting for over 16 business units
Synoptix Consolidates 16 Business Units To Deliver Time-Critical Decision Making
ICX Technologies, a public company recently purchased by FLIR Systems, is composed of sixteen business units all of which specialize in homeland defense. They provide everything from biological and chemical detection to infrared cameras, radar systems and border patrol towers. Like other public companies, ICX has complex reporting requirements which play a vital role in their ability to make critical business decisions in a timely manner.Even from an operations standpoint, Synoptix has
empowered users with the ability to do their jobs much more efficiently,
as well as adding to the company’s bottom line.
Manual Spreadsheets & Lack of ERP Integration
fNew Reports & Speed Wow Upper Management
After switching to Synoptix, Tammy says she’s been able to create Capacity Reports that empower the company to do more effective capacity planning. For instance, with the built-in Job Order Sphere in Synoptix, the company can now filter and group the work center data and get the remaining hours left per operation, and derive the capacity by week. “We can review the first four weeks using firm job order data and also review forecast data going out six months on the same report. We view the forecast for nine weeks, as well as monthly, to see future demand,” says Tammy. “We have another customer coming on strong with new programs. We’ve known we were going to be over capacity, so the report is helping by giving us a good feel for what’s out there and what we need to do to accommodate new business.”
“With sixteen business units, obviously everybody wants different reports to meet their own operating procedures. Our people wanted to sort and take the data and move it around. Using spreadsheets was causing inefficiencies, but most importantly, we couldn’t give upper management immediate answers and it was driving them crazy.”
FLIR Unanimously Chose Syntopix:
- Synoptix has a direct integration to their ERP database, providing real time visibility into all their data and complete drill down business intelligence reporting functionality.
- The easy business intelligence report creation saved tens of thousands of dollars in consultant and IT expenses.
- Synoptix provided the ability to copy a business intelligence report to many different databases for use among all the different ICX business units.
- The product was easy to install and didn’t require IT assistance.
“With Synoptix, you don’t have to wait for full costing to be done, and you don’t have to wait until the end of the month before the business intelligence reports are valid. If somebody wants real time information, Synoptix provides it immediately.”
Synoptix has successfully addressed ICX’s reporting requirements,
and has importantly played a major role in providing the necessary due diligence reports to facilitate their buy-out with FLIR Systems in late 2010. Summing up, Mertens says, “for the operations people who aren’t formally trained in accounting and finance, pushing a button and having the answers is extremely helpful. Synoptix helps these smart people show their managerial skills and abilities.”