Manufacturing & Automobiles
Several companies in the manufacturing and transportation industries prefer using Analytica for quantitative modeling. Claude Marbach, of Rexam Beverage Can America, offers a great explanation for this, “We couldn’t figure out a way to do, with Excel, what was easy to do and display in Analytica.
For us, its key benefits are the visual representation of the models, being easily understood by upper management, the range of values for key variables, and that it lets us narrow the view to key variables.” Analytica offers transparency with visual influence diagrams, representation of uncertainties with rapid Monte Carlo, and scalability with flexibility and modularity that provides experienced analysts with a new modeling paradigm. Below are a few noteworthy examples.
Managing R&D at WL Gore
W.L. Gore & Associates, developer of GORE-TEX® fabrics, use Analytica to assess the technical and market risks and revenues of their portfolio of R&D projects.
Auto maker saves $250M on warranty costs
A major US auto maker used Analytica to identify drivers to skyrocketing costs to service warranties, resulting in major savings.
Analytica for Manufacturing Investment Evaluation
Rexam, leading manufacturer of beverage containers uses over 25 Analytica models to evaluate investments in new equipment.
The Future of the Automobile
Can alternative technologies such as biofuels, natural gas, electric vehicles, or hydrogen fuel cells reduce greenhouse gas emissions and dependency on oil?