How Business Intelligence helps achieve more efficient distribution (guide)
Posted: Tue Dec 17, 2024 3:37 am
Do you know how to achieve more efficient distribution in your company? In this article you will find some key points.
Don't forget that business intelligence is essential to achieve this efficiency.
In addition, it will be important for your business to have an ERP solution that facilitates its digitalization.
The daily life of employees in the logistics or distribution sector is still not fully digitalised, as only 19% work completely digitally. This percentage is in contrast to the 81% of employees whose work environment is only slightly or not at all digitalised.
Both small and medium-sized companies have difficulties in taking advantage of the benefits offered by business intelligence (or Business Intelligence ) and access to information through computer tools, as well as its analysis and preparation for managing warehouses.
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Companies must find the perfect balance
When managing a warehouse, it is important to strike the optimal balance between investing as little as possible in inventory and offering the best service to customers. The key to success is well-balanced stock management. Otherwise, without such a balance, profitability and growth are seriously affected.
When managing inventory across multiple departments, companies and locations at the same time, traditional enterprise resource planning ( ERP ) systems are overwhelmed without an appropriate business intelligence (BI) solution. This results in overstocking, bottlenecks, inefficient production, high transportation costs and a negative customer experience.
On the other hand, business intelligence for college and universities email list managing warehouses offers the following advantages:
Provides enhanced real-time information throughout the entire supply chain.
Reduce waiting time from order to delivery.
Improves accuracy when managing inventory.
Increases customer satisfaction.
Provides your sales team with access to all the information they need via mobile devices.
Seasonal fluctuations and peak purchasing seasons can be planned more intelligently with the help of BI tools. In this case, inflows and outflows are managed from purchase and sales invoices, stocks are monitored with indicators and alerts, and sales processes are linked to accounting.
Cloud solutions are a fundamental requirement for an efficient business
IT tools only make sense if the entire back office is interconnected. Warehouse management systems (WMS), transportation management systems (TMS), inventory management systems and other applications. This can be achieved through cloud solutions.
Cloud-based solutions allow the interconnection of services from different providers in a modular manner, can be quickly expanded based on demand, and allow the creation of integrated systems for warehouse management. All data from companies involved in the supply chain up to the end customer can be stored in the cloud.
Don't forget that business intelligence is essential to achieve this efficiency.
In addition, it will be important for your business to have an ERP solution that facilitates its digitalization.
The daily life of employees in the logistics or distribution sector is still not fully digitalised, as only 19% work completely digitally. This percentage is in contrast to the 81% of employees whose work environment is only slightly or not at all digitalised.
Both small and medium-sized companies have difficulties in taking advantage of the benefits offered by business intelligence (or Business Intelligence ) and access to information through computer tools, as well as its analysis and preparation for managing warehouses.
Play Video
Companies must find the perfect balance
When managing a warehouse, it is important to strike the optimal balance between investing as little as possible in inventory and offering the best service to customers. The key to success is well-balanced stock management. Otherwise, without such a balance, profitability and growth are seriously affected.
When managing inventory across multiple departments, companies and locations at the same time, traditional enterprise resource planning ( ERP ) systems are overwhelmed without an appropriate business intelligence (BI) solution. This results in overstocking, bottlenecks, inefficient production, high transportation costs and a negative customer experience.
On the other hand, business intelligence for college and universities email list managing warehouses offers the following advantages:
Provides enhanced real-time information throughout the entire supply chain.
Reduce waiting time from order to delivery.
Improves accuracy when managing inventory.
Increases customer satisfaction.
Provides your sales team with access to all the information they need via mobile devices.
Seasonal fluctuations and peak purchasing seasons can be planned more intelligently with the help of BI tools. In this case, inflows and outflows are managed from purchase and sales invoices, stocks are monitored with indicators and alerts, and sales processes are linked to accounting.
Cloud solutions are a fundamental requirement for an efficient business
IT tools only make sense if the entire back office is interconnected. Warehouse management systems (WMS), transportation management systems (TMS), inventory management systems and other applications. This can be achieved through cloud solutions.
Cloud-based solutions allow the interconnection of services from different providers in a modular manner, can be quickly expanded based on demand, and allow the creation of integrated systems for warehouse management. All data from companies involved in the supply chain up to the end customer can be stored in the cloud.