Apparel supplier quickly models scenarios using data analytics in a time of change
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Apparel supplier quickly models scenarios using data analytics in a time of change

Gold Medal International (Gold Medal) is a premier apparel supplier to leading department stores and sporting goods retailers across the U.S. As COVID-19 has taken center stage around the world, the team leading the third-generation family-owned business has relied heavily on its reputation with retail customers and the industry to instill confidence in the future. Data analytics has helped it understand its situation and move fast.

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Topics: Business Intelligence Basics, Industry - Wholesale Distribution, Job Role - Executive, Industry - Retail, decision-making, data analytics

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Apparel supplier quickly models scenarios using data analytics in a time of change

Gold Medal International (Gold Medal) is a premier apparel supplier to leading department stores and sporting goods retailers across the U.S. As COVID-19 has taken center stage around the world, the team leading the third-generation family-owned business has relied heavily on its reputation with retail customers and the industry to instill confidence in the future. Data analytics has helped it understand its situation and move fast.

Read more

Topics: Business Intelligence Basics, Industry - Wholesale Distribution, Job Role - Executive, Industry - Retail, decision-making, data analytics

Phocas rates 50/50 by users in Capterra's top 20 most popular BI software products

Phocas has been named a top 20 most popular business intelligence software product by Capterra, a free online service that helps organizations find the right software. We scored a perfect 50/50 score from customers who took part in the review process.

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Topics: Business Intelligence Basics, Job Role - IT, Reviews and Recognition, Job Role - Executive, business intelligence software

Data analytics essentials for the COVID-19 crisis

The COVID-19 pandemic puts risk management and disruption strategies under the spotlight as companies experience limited supply and others are battling cashflow shortages. For businesses who move and sell products, inventory management can be a never-ending battle. During the shock of COVID-19, when supply and demand are volatile, managing stock presents further challenges. Strong visibility into your operations using data analytics principles can help manage inventory levels and keep cash flow steady.

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Topics: Business Intelligence Basics, Industry - Wholesale Distribution, Job Role - Executive, Industry - Retail, Job Role - Inventory/Operations, decision-making, data analytics

A buyer's guide to the best business intelligence software

Business intelligence software is a competitive marketplace, and many cloud-based vendors sound the same. So how do you determine what’s the right fit for your company? At a macro level, it’s crucial the BI software supports your company strategy, is compatible with your industry and works with your tech stack.To help you navigate through the options, we outline 8 considerations in the buyers guide to the best business intelligence software.

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Topics: Business Intelligence Basics, Job Role - IT, Reviews and Recognition, Strategy, Management and Performance, Job Role - Executive, KPIs, business intelligence software

How to promote interdepartmental communications using business intelligence

Interdepartmental communication is the backbone to achieving company success.  Companies with effective interdepartmental communication are three and a half times more likely to significantly outperform industry peers.  In this blog, we will explore four ways to improve interdepartmental communication to achieve organizational goals using business intelligence software.

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Topics: Job Role - Sales, Job Role - Executive, Job Role - Inventory/Operations, Job Role - Marketing, KPIs, business intelligence software

Five benefits of business intelligence reporting

In a digital world, the ability to collect and collate pertinent business data from multiple sources - then extract relevant information - is the key to improved business performance. As business becomes more data-driven, reporting is evolving too. Rather than wait for IT generated reports, business intelligence (BI) reporting presents information in real-time, and in a way that is digestible to end users. Today, BI reporting is essential to empower executives with the information they need to make business decisions on the fly.

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Topics: Business Intelligence Basics, Job Role - Executive, Dynamic reporting

Reduce costs with a data analytics bootcamp

Take your seemingly unimportant data on a data analytics bootcamp so you can lower costs. When companies gain more experience in analyzing data, the real costs to serve become more visible. Instead of cutting costs at random, data analytics provides insight to make strategic adjustments. Companies who can quantify gains from analyzing data report an average 10% reduction in costs each year.

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Topics: Business Intelligence Basics, Job Role - Executive, Job Role - Inventory/Operations, Job Role - Marketing

Use a business intelligence strategy to prepare for supply chain disruption

The full economic impact of the coronavirus is still unfolding, but now is the time for executives and supply chain managers to plan for many scenarios that can play out. A business intelligence strategy is instrumental in helping affected companies recalibrate and adjust.  Leaders with clear visibility into their suppliers can review inventory levels and devise strategies to appease the customer base. Those executives who acknowledge the situation using their data, rather than wait and see, will cushion the blow, especially if the disruption persists.

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Topics: Business Intelligence Basics, Strategy, Management and Performance, Job Role - Executive, Job Role - Inventory/Operations

The future of data analytics for mid-market managers

The future of data analytics for mid-market managers is bright because data is now accessible to all. The concept of data democratization is not new, and it’s not unlike other technological advances that have followed similar paths, including the role of the Internet and mobile devices. As data analytics solutions become more mature and custom to industry application and job functions, data analysis is available to meet everyone’s needs.

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Topics: Business Intelligence Basics, Job Role - Finance, Strategy, Management and Performance, Job Role - Executive

How to master data analytics without a data science degree

Many business people want to improve their understanding of data but don’t know where to start. The good news is companies like Phocas spend everyday making complex data sets simple to understand and visualize, so managers through to frontline staff don’t need to obtain a data science degree to get information. Instead they can come together and collaborate about their data and feel confident about their decisions.To master data analytics you need a suitable self-service solution that your entire team can use.

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Topics: Business Intelligence Basics, Job Role - IT, Job Role - Executive, data analytics

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