Executive Summary
Denso North America, a subsidiary of Winn & Coales International, has been a stalwart in the industry for 90 years. Denso NA specializes in corrosion and chemical-resistant coatings and linings to protect steel, concrete and timber surfaces. With a commitment to innovation and quality, they lead the way in corrosion prevention technology and their products offer up to 30+ years of maintenance-free service.
In 2023, Denso North America embarked on a transformative journey in collaboration with Thinklytics. They wanted to enhance production processes, reduce costs, and maintain a competitive edge in the manufacturing industry.
This case study explores their success story, demonstrating how PowerBI, a potent business intelligence tool, played a pivotal role in achieving these objectives.
The Challenge
Denso North America faced several significant challenges prior to partnering with Thinklytics. The most urgent issues included:
- Operational Inefficiencies: Production processes were disorganized, resulting in longer lead times and increased operational costs.
- Data Disarray: Crucial information was scattered throughout the organization, making it challenging to gain a comprehensive understanding of the overall operations.
- Competing in the Market: The manufacturing industry is fiercely competitive, necessitating innovation and improved efficiency to maintain a competitive edge.
The Solution
In close collaboration with Denso North America, Thinklytics introduced a PowerBI-focused approach that addressed these challenges head-on:
- PowerBI Integration: Seamless integration of data from production machines and sales databases within PowerBI, to provide a consolidated and insightful overview.
- Advanced Analytics: Leveraging PowerBI’s robust analytical tools, Thinklytics uncovered concealed insights, patterns, and correlations within the integrated data.
- Predictive Maintenance: With PowerBI’s functionalities, full implementation of predictive maintenance models, enabling Denso NA to predict equipment issues and significantly reduce unplanned downtime.
- Real-time Process Optimization: Utilizing PowerBI’s real-time data analysis capabilities, prompt identification of production bottlenecks and recommended strategies for optimization.
The Results
Integrating PowerBI as a high-level analytics tool, Denso North America found remarkable results including:
- Reduced Downtime: Implementing predictive maintenance through PowerBI reduced unplanned downtime by an impressive 30%, leading to a more efficient production schedule.
- Cost Savings: PowerBI-driven optimizations in processes and resource allocation resulted in approximately $2 million in operational cost savings.
- Improved Product Quality: Additional insights from PowerBI contributed to a 20% reduction in product defects, which enhanced overall product quality.
- Competitive Edge: Empowered with newly available knowledge from PowerBI, Denso NA introduced innovative products, gaining a distinct competitive advantage in the market.
- Enhanced Decision-Making: PowerBI provided Denso North America’s leadership team with real-time data-driven insights that allowed them to make quick, well-informed decisions to streamline operations and stay ahead of the market.
Conclusion
The Denso North America and Thinklytics collaboration exemplifies how PowerBI can revolutionize the manufacturing sector. Denso North America, with its century-old legacy, experienced substantial improvements in efficiency, cost savings, and competitiveness, all thanks to PowerBI.
This case study underscores the pivotal role that data-driven decision-making plays in today’s rapidly evolving manufacturing landscape. Denso North America’s journey with PowerBI and Thinklytics serves as an inspiring example for manufacturing companies seeking to harness the potential of data to drive success in a highly competitive environment.
Curious to know more? Schedule a consultation with Thinklytics to know more about how data analytics can make your life easier and make you a hero at work.