Four signs your company needs a data analytics solution
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Four signs your company needs a data analytics solution

What are your company’s objectives for 2019? What data are you using to back this up?  Companies are drowning in the deluge of data they generate every day. Yet many are struggling to access the information they need to make critical decisions. 

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

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Four signs your company needs a data analytics solution

four-signs-your-company-needs a-data-analytics-solution

What are your company’s objectives for 2019? What data are you using to back this up?  Companies are drowning in the deluge of data they generate every day. Yet many are struggling to access the information they need to make critical decisions. 

Read more

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

Optimize your supply chain with data analytics

optimize-your-supply-chain-with-data-analytics

An optimized supply chain lowers costs and improves the performance of the production cycle. Data analytics can help you actively improve the efficiency of your various supply chain activities and optimize sourcing, warehousing, and selling.

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Topics: Job Role - Sales, Industry - Wholesale Distribution, Job Role - Inventory/Operations

Win the stock and inventory management battle with data analytics

win-the-stock-and-inventory-management-battle-with-data-analytics

Stock and inventory management: how can you optimize it? At Phocas, we set out to answer this question with one of our in-house subject matter experts. In our recent global webinar, we provided a comprehensive overview about the challenges of inventory management and the benefits of using data to overcome them.

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Topics: Strategy, Management and Performance, Job Role - Inventory/Operations

Seasonal sales trends: Do you have your products ready?

seasonal-trends-do-you-have-your-products-ready

This time of year many businesses are dealing with seasonal demands. Seasonal trends come in many forms: increased sales of perfumes for the holidays, decreased sales in building products during the northern hemisphere winter, or increased sales of swimwear in the southern hemisphere summer.

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Topics: Job Role - Inventory/Operations, Industry - Wholesale Distribution, Industry - Retail

How to safely reduce your inventory costs

how-to-safely-reduce-your-inventory-costs

Warehouse, inventory and operations managers understand that inventory is a capital investment, and that holding too much inventory can result in a wasted investment. 

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

Running a lean warehouse: How to get your inventory levels right

running-a-lean-warehouse-how-to-get-your-inventory-levels-right

Due to the growing global market, warehouse, purchasing, and operations managers are under increased pressure to cut costs and increase efficiency. Today's managers have to control the flow of inventory within their organization, as well as the flow of information along the supply chain. 

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Topics: Job Role - Inventory/Operations

Warehouse managers may not think they need BI, but here’s why they do

warehouse-managers-may-not-think-they-need-BI-here-is-why-they-do

In the past, the only technology that warehouse managers thought they needed was a two-way radio to connect with staff at the shipping dock, and their legacy warehouse management system that was likely installed 20 years ago. Today, warehouses are more than storage spaces and business is moving too quickly to rely on outdated communications tools and unreliable systems.

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Topics: Job Role - Inventory/Operations

Stock Coverage: Do you Have Enough?

Anyone who manages inventory is familiar with stock coverage.  The question is, how do you measure it? 

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Topics: Industry - Wholesale Distribution, Job Role - Inventory/Operations

How to avoid and eliminate dead stock

how-to-eliminate-dead-stock.jpg

Many companies have experienced a dead stock "graveyard" of products that can no longer be sold. Dead stock reduces cash flow that could be used to purchase new revenue-generating stock. It also takes up precious warehouse space that profitable products could occupy. Inventory management strengthens the success of any retail business. In this blog we’ll discuss ways to reduce dead stock.

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Topics: Job Role - Inventory/Operations

How to measure stock on hand, over stock, under stock and dead stock quickly and simply

how-to-measure-stock-on-hand-over-stock-under-stock-and-dead-stock-quickly-and-simply (1)

If you want your retail, distribution or manufacturing business to run smoothly, your inventory must be managed well. Carrying too much stock could be as detrimental to business performance as having too little.

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Topics: Job Role - Inventory/Operations

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