Efficiency with Predictive Analytics
Deloitte Maturity Analytics Program (DMAP)DOWNLOAD
Evolving food safety standards and regulatory requirements, coupled with increased supply chain complexities, may result in higher costs of compliance. Organizations are streamlining standards management and rationalizing their compliance programs to minimize the cost of compliance and identify predictive indicators to reduce the likelihood of non-compliance.
The Deloitte Maturity Analytics Program (DMAP) can help check the sufficiency of process documentation sought by regulatory inspectors and third-party auditors. It allows a company to monitor for consistent execution of company standard operating procedures (SOP) on a near real-time basis, provides trend analyses, identifies predictive indicators and can benchmark existing programs against leading industry practices. Our predictive analytics provides dashboard visibility into key performance metrics and drivers across each geographic area, supply chain node, facility, process, production line, or worker shift to identify root cause issues.
DMAP leverages Deloitte subject matter industry specialists with over 200+ cumulative years of industry experience to conduct in-depth assessments to identify gaps and benchmark programs.
A mid-cap US beverage manufacturer was looking to drive efficiencies and cost down in its quality department. The main focus was to look at a better way to assess compliance with regulatory and internal operating policies.
Opportunities were promptly identified. Within the first week, DMAP analysts identified specific areas for operational efficiencies and cost savings. Process improvements identified through the work performed resulted in an overall potential annual savings of $835,000.
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