Most can agree that the single greatest advancement of the modern age deals with the way we collect, process, and distribute information. As people, information, whether accurate or not, largely influences our decisions. It is on the basis of information that we are able to acquire knowledge and execute an action around it.
You see, it’s no different on a large scale or a small scale— at home or within an organization.
The more potent the information we receive, the better equipped we are to succeed in the things we do.
Applied to a business operation, potent information exists, but it isn’t always properly compiled or interpreted. Whether it be in sales, accounting, warehousing, or delivery of goods, there are metrics to be tracked, providing data points that act as “cheat codes” for increased productivity and revenue. There is a wealth of information in every facet of an operation that can be leveraged for greater success— this is the truth. We just need to know where to find it, and how to capture it.
All too often, time-intensive, manual processes are implemented to gain useful insights, but this is not the way. Spreadsheets and pen-and-paper solutions are no longer cutting it— and here’s why.
Islands of Information
In the world of distribution, the issue is not just about gathering and compiling accurate data, it’s also about how data interacts across the organization as a whole.
- Is your training protocol affecting fulfillment fluidity?
- How will the launch of a new product affect productivity?
- Is your user/client onboarding process impacting revenue?
- How are inventory levels affecting your return on equity?
- Is inefficient replenishment making you spend more money?
While some of these things seem unrelated, any single thing can create unforeseen impacts that aren’t comprehended by near-sighted data alone.
As we move further into the digital age, there are ways to gain greater visibility over every constituent of a collective operation. Business intelligence modules are implemented to help managers and executives alike make better decisions and stay ahead of the competition whether in the warehouse or the back office. Distributor revenue has grown nearly 55% over the last 10 years in the US, creating a 5.4 trillion dollar industry. Do you have a business intelligence solution that will enable you to grow with the industry?
Turning Data Into Actionable Analytics
It is true that proper business intelligence will take the raw data generated by your company and turn it into the analytics you need to make clear decisions that point you in the direction of growth. However, data alone doesn’t move the needle. As mentioned before, information is intended to drive us to action, and if data is hard to interpret, correct decisions can be a challenge.
At Sequoia group, our focus is on providing actionable BI tools that present information in clear ways that can be easily understood. That way, your operation is primed to scale as insights are properly utilized to catalyze improvement.
When all is said and done, a powerful, customized BI solution can help you:
- Increase forecast accuracy
- Achieve cost savings
- Maintain optimum inventory levels
- Automate business rules
- Easily identify bottlenecks
- Train new employees more quickly
- Introducing new products efficiently
- Scale up (or down)
- Adapt over time
With the help of Sequoia, you can build custom solutions for your company’s unique requirements. In an ever-changing landscape, keeping it custom means staying competitive. Our aim is to be more than just your technology provider. As we strive to meet your needs, we will be your consultant, advocate, technology visionary, and friend.
For more information, visit our website or call us at 801.571.2300 today.