What is Manage Analytical Models in SAP MFG-DM-MI - Digital Manufacturing Insights?

SAP Term: Manage Analytical Models

• Component: MFG-DM-MI

• Component Name: Digital Manufacturing Insights

• Description: An app that enables configuration of custom KPIs.

Smart SAP Assistant

• Key Concepts: 
  Manage Analytical Models is a feature of the MFG-DM-MI Digital Manufacturing Insights component of SAP. It allows users to create, manage, and analyze predictive models for their manufacturing operations. This feature enables users to identify potential problems and opportunities in their production processes, as well as to develop strategies for improving efficiency and reducing costs.
  
  How to Use It: 
  To use Manage Analytical Models, users must first create a model. This can be done by selecting the appropriate data sources and defining the parameters of the model. Once the model is created, users can then use it to analyze their production processes and identify areas of improvement. Additionally, users can use the model to generate reports and insights that can be used to inform decision-making.
  
  Tips & Tricks: 
  When creating a model, it is important to ensure that the data sources used are accurate and up-to-date. Additionally, it is important to ensure that the parameters of the model are set correctly in order to get the most accurate results. Finally, it is important to regularly review and update the model in order to ensure that it remains accurate and up-to-date.
  
  Related Information: 
  For more information on Manage Analytical Models, please refer to SAP’s official documentation on the topic. Additionally, there are many online resources available that provide tutorials and tips on how to use this feature effectively.