Simple data discovery for distributors
NEW

Simple data discovery for distributors

 

Industry-specific data analytics technology has advanced exponentially over the last decade. Before the development of analytics software, data management relied on manual input. Purchase orders were received in person, over the phone, or by way of fax or email. Today’s data analytics solutions offer distributors the ability to sift through mountains of data to discover the gold.

Read more

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

Recent posts

Simple data discovery for distributors

simple-data-discovery-for-distributors

 

Industry-specific data analytics technology has advanced exponentially over the last decade. Before the development of analytics software, data management relied on manual input. Purchase orders were received in person, over the phone, or by way of fax or email. Today’s data analytics solutions offer distributors the ability to sift through mountains of data to discover the gold.

Read more

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

How data analytics can help slow down your thinking

how-data-analytics-can-help-slow-down-your-thinking-

My fascination with the psychology of decision-making continues. My latest sage is Daniel Kahneman, a leading psychologist and winner of the Nobel Prize in economics for prospect theory.  Kahneman has dedicated his life to researching human judgement – especially under uncertainty and whether people are susceptible to flawed intuition. His book, Thinking, fast and slow summarizes much of his research. The book explains why humans make errors of judgement, and the role of systematic bias. It has many examples of the way people ignore general facts if they conflict with personal experience.

Read more

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

Phocas BI tool proves its value for manufacturers, wholesalers

Phocas-BI-tool-proves-its-value-for-manufacturers-wholesalers

The following article is reproduced from TechTarget, a respected tech news website which provides independent content and analysis. The article highlights how Phocas has built trust and a strong reputation with leaders and IT managers in manufacturing, wholesale and retail.

Read more

Topics: Job Role - IT, Industry - HVAC/Plumbing, Strategy, Management and Performance, Job Role - Executive

Five ways to increase profit margins in distribution

five-ways-to-increase-profit-margins-in-distribution

Tracking profit margins is a full-time activity in distribution. Out-of-date reporting systems with little to no visibility beyond sales data can result in your business spending more money to sell products than they cost. Even if revenues are up, unless monitored closely, margins within individual sales can erode, leading to strategies that may not be in the best interest of your business.

Read more

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

Integrating your tech: is your stack working together to deliver data results?

Integrating-your-tech-is-your-stack-working-together-to-deliver-data-results

In a manufacturing or wholesale business, there is a lot of information to keep track of. As an IT manager, you might find that everyone is looking to you for all the answers too, which can be stressful. However, as we all know, it’s very difficult to provide solutions when the information you are looking for is scattered everywhere. This can include everything from spreadsheets  to CRM to your Enterprise Resource Planning (ERP) system.

Read more

Topics: Job Role - IT, Strategy, Management and Performance

Established BI solutions vs. in-house development

Established BI solutions vs in-house development

Management teams are no longer questioning whether or not to dig into the data; rather it’s which is the best tool to use for their businesses: an established, dedicated data analytics solution or software developed in-house. IT managers usually lead the project to find the best solution for the ERP and tech stack. Have you considered the resources, usability, scalability and cost associated with each path?

Read more

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

5 important characteristics of an effective KPI

five-important-characteristics-of-an-effective-kpi

For a growing business to remain competitive, it’s important to regularly track how its company-wide goals are progressing. Setting key performance indicators (KPIs) is one of the easiest ways to do this. 

Read more

Topics: Strategy, Management and Performance, Job Role - Executive

How to overcome reporting challenges in your business

how-to-overcome-reporting-challenges-in-your-business

The ability to generate accurate, relevant and timely reports is critical if a company is to remain competitive in today's marketplace. However, as many executives know, traditional (static) reporting methods have a range of shortcomings. In this blog we will discuss a few key solutions to the challenges of static reporting

Read more

Topics: Strategy, Management and Performance

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

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. 

Read more

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

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.

Read more

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

Follow us

Subscribe via email