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The future of e-commerce for growing businesses

Whether you work for a retail, distribution or manufacturing organization, selling more product at the highest profit margin is a constant goal. Companies understand that the rise in e-commerce technology presents an opportunity to sell more on a global scale and deliver products faster and easier to more customers. Smart businesses are keeping up with the interplay between experiential and transactional to remain competitive.

Topics: Industry - Manufacturing, Business Intelligence Basics, Industry - Wholesale Distribution, Industry - Retail

Recent posts

The future of e-commerce for growing businesses

Topics: Industry - Manufacturing, Business Intelligence Basics, Industry - Wholesale Distribution, Industry - Retail

Can data analytics assist the mergers and acquisitions process?

can-data-analytics-save-mergers-and-acquisitions

The key principle behind M&A is that joining two companies is more valuable than operating them separately. But we all know there are so many decisions regarding the two businesses that need to be made to secure the value of the consolidation. One of these considerations is often about software or IT and what data analytics solution the 'new' company should choose.

Topics: Job Role - Finance, Industry - Electrical, Industry - HVAC/Plumbing, Industry - Building & Industrial Supplies, Job Role - Executive, Industry - Retail, Industry - Mechanical and Industrial

How data analytics is evolving from analyzing the past to predicting the future

To compete in today's competitive market place, it is critical that executives have access to an accurate and holistic view of their business. The key element to sifting through a massive amount of data to gain this level of transparency is a robust analytics solution. As technology is constantly evolving, so too are data analytics solutions.

Topics: Industry - Wholesale Distribution, Job Role - Sales, Strategy, Management and Performance, Job Role - Executive, Industry - Retail

Software as a service has twice the meaning at Phocas

Some companies are known for good customer service, and then there are companies who are obsessed with their customer service. At Phocas, we create simple to use SaaS solutions that are personalized. And we back-up these solutions with an active customer online forum to give feedback, as well as ongoing support and training.

Topics: Industry - Wholesale Distribution, Job Role - Sales, Strategy, Management and Performance, Job Role - Executive, Industry - Retail

Build trust in your business data to be more data-driven

Data is critical to business operations, but that idea is not always shared by everyone across the organization, and in reality, it may not be their fault. Despite more companies spending more money on data analytics solutions, the percentage of people in these businesses who actually touch data or reporting remains small.

Topics: Industry - Manufacturing, Industry - Wholesale Distribution, Job Role - Sales, Job Role - Executive, Industry - Retail

Understand customers' needs and maximize your profitability

Over the course of our lives, we develop many types of relationships. Some of them long-term, others are more fleeting. The same is true in business. Low-profit customers can come at a high cost, so it’s critical to have a comprehensive and accurate understanding of your customers to minimize at-risk relationships and maximize profitability.

Topics: Industry - Manufacturing, Industry - Wholesale Distribution, Job Role - Sales, Industry - Retail, Job Role - Marketing

How to analyze your suppliers and increase returns

To maintain an efficient supply chain and satisfy customers, companies must be assured of timely and accurate delivery from their suppliers. Many purchasing managers are turning to data analytics to evaluate the performance of their suppliers which leads to better relationships and stronger returns.

Topics: Industry - Manufacturing, Industry - Wholesale Distribution, Job Role - Sales, Industry - Retail