Extracting Business Intelligence
Better decisions
In order to make better and timelier decisions, distributors need to ensure that key business intelligence is readily accessible, because turning volumes of data into meaningful information to manage the business can be difficult, particularly when disparate systems are used to control different sales channels.
Improved performance
Good business intelligence will greatly assist managers in making the right decisions which can ultimately reduce operating costs, improve sales and streamline the business. However, pulling data together in a format that allows managers, who often don't have technical skills, to get the business intelligence they need may be difficult. In view of this, it’s essential to give managers access to real-time monitoring and alerts, combined with powerful analysis tools, to provide the business intelligence which gives the high-level insight they need to manage the minute-by-minute performance of the company.
Greater profitability
Comprehensive, real-time control over the factors that make a real difference to profitability can be derived from business intelligence to drive improvements in the performance of sales and marketing activities as well as inventory, warehouse resources, suppliers, customer service levels, quality and delivery methods. It is essential therefore that KPI’s are tracked across the enterprise to give managers the business intelligence they need to implement and manage change for competitive advantage.
Find out more about Maginus' Advanced Distribution Software, powered by Microsoft Dynamics AX and how customers such as Smeg UK, IDS and Inmans Electrical benefit from Maginus Multi Channel Solutions.