The Challenge of Built-In Reports
While the Enterprise Asset Management (EAM) system in Microsoft Dynamics 365 Business Central (D365 BC) offers built-in reports, they often fall short in providing the comprehensive insights needed for effective asset management in asset-heavy industries like mining and oil & gas. These pre-defined reports can be limited in scope, lacking the flexibility and interactivity required to uncover hidden trends and patterns.
Case Study: A Mining Company’s Struggle
For example, a mining company faced significant challenges in identifying the root causes of frequent equipment breakdowns. Their built-in reports provided only a basic overview of maintenance activities, making it difficult to pinpoint specific patterns or correlations between asset performance and maintenance practices.
The Power BI Solution
CoGo’s reports created in Power BI offer a more robust and interactive solution for EAM reporting. With Power BI advanced analytics, you can:
- Create Customized Dashboards: Visualize key performance indicators (KPIs) in a way that’s most meaningful to your organization. Track trends over time, compare metrics across different categories and gain a holistic view of your maintenance performance.
- Drill Down for Deeper Insights: Explore work order specifics, analyze maintenance costs by asset category, or delve deeper into failure causes.
- Analyze Real-Time Data: Power BI can connect to live data sources, ensuring you’re always working with the latest information.
- Integrate with D365 BC: Seamlessly integrate Power BI with your D365 BC environment for a unified view of your maintenance data.
Quantifying the Benefits
By leveraging advanced reporting, many organizations have achieved significant results:
- Reduced Downtime: Improved asset performance and predictive maintenance capabilities have led to reduced downtime.
- Optimized Resource Allocation: More accurate data insights have enabled companies to optimize their workforce and allocate resources more effectively.
- Enhanced Decision Making: Data-driven insights from Power BI have empowered organizations to make more informed decisions about maintenance strategies, investments, and budgeting.
How CoGo Can Help
CoGo offers expert services to help you leverage Power BI for your EAM reporting needs. Our team can:
- Design Custom Dashboards: Create tailored dashboards that align with your specific KPIs and reporting requirements.
- Develop Advanced Analytics: Utilize Power BI’s advanced analytics capabilities to uncover hidden insights and trends.
- Provide Training and Support: Offer training and ongoing support to ensure your team can effectively use Power BI for EAM reporting.
By transitioning from built-in reports to advanced analytics with Power BI, you can access the full potential of your maintenance data. CoGo’s expertise can help you achieve significant benefits, including reduced downtime, optimized resource allocation, and data-driven decision-making.
CoGo’s CEO, Andy Pruett, recently explored the advantages of both built-in reports and Power BI analytical reports, offering guidance on selecting the optimal solution for your in-depth maintenance analysis. CLICK HERE TO WATCH THE FULL DEMO 👇
Ready to Take the Next Step?
Tap into the full potential of your maintenance data! Contact us at info@cogo.global to discover how our advanced reporting capabilities and personalized services can help you build custom reports that perfectly suit your needs.