Management Controls, Inc. launches Insights Mobile offering to provide valuable insights wherever you are working.
Digital Transformation
Businesses around the globe are digitally transforming to increase revenue, decrease costs. Manual processes are being digitized and creating exceptional value for companies and customers alike. MCi has been a key player in converting billions in contract labor, equipment (incl. rentals), and material spend from manual paper-based manual steps processes into a fully transparent, highly efficient, and cost-saving process.
As part of this journey, thousands of Customers are using the TRACK Platform to gain business insights that were never previously possible and they’re doing it at scale. In this time of drastic digital transformation where manual processes are being converted to automated systems, the expectation is that team members make decisions based on data and facts. Executives strive to motivate their employees to make data-based decisions, regardless of the topic, time, or location. To achieve this ideal, employees need data & analytics while they’re out of the office, on the go, and in the field, where you want them to be. Team members need access to valuable insights to improve decision making, increase situational awareness and optimize their respective processes. Unfortunately, these data-inspired aspirations don’t often come to fruition since many digitized business processes only provide insights through desktop-based analytics - until now.
Data-Driven Decisions
MCi has created a new offering to put the right insights in the right hands at the right time, wherever you are with TRACK Mobile Insights. The main goal of TRACK Mobile Insights is to accelerate productivity with business intelligence on the go. You can now stay ahead of your key business metrics wherever you may be. Decisions can be supported using facts and figures in the palm of your hand. TRACK Mobile Insights expands the reach of the powerful TRACK Platform data and process, to anyone in your business from the Executive to the Crew Supervisor. Team members can even collaborate on key performance indicators via the mobile app, commenting on trends, anomalies, and highlighting improvement opportunities. Contractor Spend Management has matured with leading-edge mobile technology, elevating the capability of this important area of business performance.
TRACK Mobile Insights
TRACK Mobile Insights presents key analytics for those on the go or in the field with mobile-optimized dashboards. Let’s dive into what is possible and how your business can take the TRACK Platform value, into the field.
Real-Time Contractor Fatigue Monitoring
Safety discussions & safety incidents most often occur out in the field, away from the desk. Get the safety data you need when you’re out there talking with your Contractors and Supervisors. Start your contractor interactions with a quality safety interaction. Discussion & real-time and meaningful metrics to improve your site’s safety performance. The conversation changes when you’re on the go and “in the know”.
Analyzing the Impact of Off-Contract Work
Off contract work (Overrides) is a key area of value leakage and often the topic for contractor improvement discussions. It’s hard to find time to analyze the details. Whether you’re in a meeting with a supplier or in a hallway conversation with a supervisor, the mobile-optimized override analytics give you quick access to the information you need to quantify the value of off-contract work & identify savings opportunities.
Premium Time
Labor is the primary cost driver in most companies' contracted spend. Premium time including OT and DT has a significant effect on burn rates and needs to be continuously monitored. When making the morning rounds in the field Supervisors can review the top contributors to Premium time costs and make course corrections. Quickly identify these vendors and individuals pushing up costs and make sure they understand company expectations.
Contractor Spend Cycle Time
Ensuring your TRACK Process cycle times stay low is critical to maximizing savings. When the time between work being performed, allocated, and authorized increases, vendors can miss allocate, authorizers can approve costs without a clear memory of what actually happened. Quickly access these cycle times to continually stay on top of your TRACK process performance.
Itemized Contractor Materials & Equipment
Spending on Equipment & Material is typically less than Labor, however, value leakage consistently occurs. Equipment & Material spend can have significant issues at the item level. Review the top 5 Equipment & Material items for the past 7 days to identify anomalies in these categories and take action to investigate and escalate.
Contractor Cost Savings Opportunities
TRACK consistently delivers cost savings and operational visibility across all Vendors. This cost savings opportunity can be missed or forgotten for Vendors that have not yet been added to the TRACK Platform. This mobile view of Non-TRACK Vendors shows you the expected savings you can achieve simply by onboarding a new Vendor.
Automatically Collect Contractor Headcount
Having the right headcount for the day is essential to completing the scheduled work, ensuring adequate supervision, and managing project costs. No more waiting on emailed lists of “Headcount” from Vendors. You can now easily review Headcount, companies, and names of individuals, right from your mobile phone!
Evaluate Contractor Supervision Ratios
Proper Supervision Ratios are key to maximizing productivity across your operations. Too few supervisors can reduce craft productivity, increase safety risks and lead to poor quality work. Too many supervisors add an unnecessary additional cost. With a mobile view of Supervisor ratios, you can evaluate crew mixes and take action on problem areas.
MCi’s Insights-as-a-Service team holds over 100 years of combined experience. They have researched hundreds of analytics to establish a powerful maturity model to identify the most useful and practical analytics anyone across the supply chain. Partner with MCi to lead your Digital Transformation with TRACK Mobile Insights and answer the call to provide Contractor Spend data for analytics, anywhere!
Watch the video below to learn more about Insights-as-a-Service!
