Citect , one of the world’s largest, real-time intelligence software companies has announced that Simplot Australia has begun evaluation of Citect’s new benchmarking service called Meta.
The food manufacturing giant will evaluate the Production Performance Analytics service across five plants to leverage best practices and continuous improvement within the Australian business.
As a secure on-demand service, Meta enables businesses to identify opportunities and improve capital deployment through benchmarking the performance of individual plants amongst each other as well as against global standards.
Simplot is reviewing Meta for its enterprise benchmarking initiative because its service offers easy configuration, simple to manage reporting tools and low ownership costs.
“Identifying the best areas for improving overall competitiveness is essential and corporate managers need accurate information on individual plant performance along with comparison against industry standards to understand where capital and resources are best spent,” says Peter York, Supply Chain Development Manager, Simplot Australia.
“Gathering this data is cumbersome, and the quality is often poor due to varying KPIs and other factors. Our selection of Meta has proved to be a more efficient and faster method to benchmark the performance of our plants, then compare the results to industry standards. Because Meta is a secure online service with very easy configuration, we get a lot of valuable information for a minimal investment.”
Citect is also working with the ARC Advisory Group, who will provide the global analysis and metrics used for the industry benchmarking standards. This industry first will allow Meta users to compare their own performance against global industry figures and directly evaluate their competitiveness by KPI, industry and country.
“Meta provides users a tremendous advantage as an economical, user-friendly and accurate tool for comparing manufacturing performance within the company as well as against industry averages. As a secure online service hosted by Citect, Meta is exceptionally easy to use, provides unique reporting tools and eliminates installation, maintenance and upgrade costs,” adds Frank Volckmar, Global Director, Meta.