A new survey suggests that a majority of top manufacturers and
distributors still rely on spreadsheets and other manual processes
instead of business management software.
According to the 2015 Manufacturing Survey
by Illinois-based accounting firm Sikich LLP, 53 percent of those
polled used manual processes to measure key performance indicators,
compared to just 26 percent that used applications such as enterprise
resource systems.
“The persistence of manual processes in the industry is troubling,"
said Sikich’s Jim Wagner. "Technology can help companies grow more
efficient, lower costs and better serve customers. It has the potential
to transform the industry and drive success, but companies need to make
full use of it to realize gains."
The survey found that companies use technology in greater numbers to
improve manufacturing processes, business intelligence, reporting and
customer service.
In addition, 54 percent expected their revenue to increase by more
than 5 percent in 2015, while 96 percent projected hiring to remain
constant or increase this year.
Although about half of respondents were more optimistic about the
national economy compared to 2014, Sikich analysts said that many
companies remained hesitant to expand product offerings or markets.
Almost 40 percent of those polled expected existing markets to be
their top opportunities for growth, while nearly one in three planned to
spend less than 1 percent of sales on new product development.
The vast majority of respondents anticipated rising tax, labor and raw materials costs over the next 12 months.
“Many manufacturers continue to adopt a cautious approach to growth,”
Wagner said. “But while a focus on existing markets presents less risk,
it won’t sustain manufacturers forever."
The 2015 report surveyed 116 manufacturers and distributors; nearly
75 percent of participants reported annual revenue of more than $1
million.
Showing posts with label Business Intelligence. Show all posts
Showing posts with label Business Intelligence. Show all posts
Tuesday, September 1, 2015
Poll: Majority Of Manufacturers Rely On Spreadsheets Instead Of ERP
Labels:
Business Intelligence,
business management software,
Distributors,
enterprise resource systems,
key performance,
Manufacturers,
manufacturing processes,
reporting,
Sikich,
spreadsheets,
survey,
technology
Thursday, August 14, 2014
Tour De Force CRM Positioned In Niche Quadrant Of Gartner 'Magic Quadrant'
Tour de Force CRM, a leading provider of customer relationship management, business intelligence, and sales force automation solutions, announced it has been positioned by Gartner, Inc. in the Niche quadrant of the “Magic Quadrant for Sales Force Automation.”
The report evaluated 15 different software vendors on 15 different criteria in the areas of Ability to Execute and Completeness of Vision, including Product or Service, Market Responsiveness/Record, Customer Experience, Offering (Product) Strategy, and Innovation.
In the report, Gartner states that “SFA deployments continue to focus on core functional capabilities for accounts, contacts, opportunities, selling processes and sales operations. SFA requirements are unique for each B2B sales organization, based on the maturity and culture of the organization in its use of technology, sophistication of sales practices and anticipated ROI.”
For more information on Tour de Force CRM, visit www.TourdeForceCRM.com.
Labels:
Business Intelligence,
CRM,
customer relationship management,
functional capabilities,
Gartner,
Magic Quadrant,
Niche Quadrant,
sales force automation,
sfa,
software vendors,
technology,
Tour De Force
Friday, May 16, 2014
NetSuite Unveils New User Experience
NetSuite chief executive officer (CEO) Zach Nelson unveiled the new NetSuite user interface (UI) with a more intuitive and visually engaging work experience during his keynote address at the company’s SuiteWorld 2014 conference yesterday. Founder and chief technology officer (CTO) Evan Goldberg discussed and demonstrated the new capabilities more deeply in his SuiteWorld 2014 keynote presentation today. NetSuite plans to roll out the new UI with NetSuite's 2014.2 release, scheduled for Q3 2014.
As the pioneer in cloud enterprise resource planning (ERP), NetSuite has been at the forefront of UI design trends. Its first release in 1999 abandoned the Microsoft Windows desktop standard look and feel of the era and adopted the web metaphor. The company’s UI introduced role-based business intelligence (BI) dashboards, while its 2006 UI featured in-line editing in web-based applications (instead of just viewing) and incorporated Ajax technologies to develop dashboards and portlets that live natively in core business applications (see image depicting the development of NetSuite UI over the years).
NetSuite's 2014 UI
To again reinvent its business application UI, NetSuite conducted 3 years of deep usability research with its customers. It reportedly completed extensive research, user observations, and usability testing with users across various roles—from front-line sales, marketing, finance, e-commerce, human resources (HR) and services employees through to C-level executives. Leveraging and supporting HTML5 and based on principles of modern ‘flat design,’ which emphasizes crispness and clarity, the NetSuite UI exhibits easy-to-read fonts, attractively redesigned icons and graphics, increased whitespace, and greater aesthetic simplicity (see figure).
Overall, 2014 UI highlights include easy access to navigation and tools such as Global Search, Recent Records, Help, and Shortcuts, as well as a new global Quick Add feature that enables users to rapidly add tasks, events, contacts, and more from anywhere in the product. In addition, the ‘progressive disclosure’ feature conceals action prompts until mouseover for a “cleaner” experience, and there is also an improved experience on tablets through a responsive dashboard, larger menus and controls, and improved scrolling (see image).
Labels:
BI,
Business Intelligence,
Cloud Computing,
conference,
dashboard,
demo,
enterprise resource planning,
intuitive,
navigation,
NetSuite,
release,
simplicity,
tools,
UI,
user experience,
user interface,
web,
Zach Nelson
Wednesday, June 5, 2013
Demand Management Incorporates Business Intelligence into Demand Solutions DSX Platform
New Capabilities Help Companies Add Value Across the Enterprise
Demand Management Inc., a leading global resource for supply chain management solutions, has announced the availability of business intelligence (BI) functionality within its Demand Solutions DSX platform. The solution now incorporates native BI into its data tables to let users mine and share data efficiently across the supply chain.“A common complaint among supply chain planners is that the most useful data lives in spreadsheets scattered across the business,” says Bill Harrison, president of Demand Management. “We’ve created a multidimensional cube that lets all stakeholders extract data from systems throughout the supply chain and work with that data through an intuitive web-based front end. By deciding which information they want to see and developing a meaningful view of it, users can learn more about their own businesses and make decisions that incorporate this knowledge.”
The BI functionality within Demand Solutions DSX is delivered by way of Foundation Analytical Packs that are available for the apparel, consumer packaged goods, energy, food and beverage, wholesale distribution, pharmaceutical and biotech, and general manufacturing and service parts industries. Users can leverage the best practices built into these packs to get their analytics activities up and running, but can also configure the packs over time to reflect the needs of their individual businesses.
“Our Foundation Analytical Packs are designed to save companies time and money,” says Harrison. “They incorporate Demand Management’s many years of experience working with customers in each of seven different vertical markets. We’ve done all the hard work of building the reports and linking them to our database so that customers can spend more time analyzing their results and taking decisive action.”
In particular, Harrison hopes supply chain planners who are frustrated at having to build their own reports will investigate Demand Management’s new functionality. These features can eliminate the need for planners to write reports.
“You shouldn’t have to implement your own analytics tools around your supply chain planning solution,” Harrison remarks. “Our BI functionality relieves this burden by providing complete drill-down capabilities from summary information into potential issues and opportunities. Ask us how it can help you extend your supply chain planning beyond the ‘how, when, and where’ stage and into running your entire business more effectively.”
About Demand Management, Inc.
Demand Management, Inc. is a leading global supply chain planning software company that offers affordable, easy-to-use tools for manufacturers and distributors who want to increase forecast accuracy, improve customer service levels and reduce overall inventory to maximize profits and lower costs. The company offers the Demand Solutions supply chain planning suite for forecast management, demand planning, collaborative forecasting and inventory planning as well as modules for advanced planning and scheduling (APS), sales and operations planning (S&OP) and point of sale analysis. Demand Management, Inc. has over 25 years of experience working with supply chain professionals and has incorporated best practices and real-world business requirements in its software from its extensive customer base in 76 countries. Demand Solutions customers include Lonely Planet, Trek Bicycle and Avery Dennison. Demand Management is a wholly owned subsidiary of Logility, Inc., which is a wholly owned subsidiary of American Software (NASDAQ: AMSWA).For more information, please visit www.demandsolutions.com.
Labels:
analytics,
Business Intelligence,
Capabilities,
Demand Management,
Distributors,
DSX Platform,
enterprise,
experience,
forecast,
functionality,
global,
Manufacturers,
supply chain,
vertical markets,
web-based
Thursday, April 5, 2012
VAI Webinar: VAI S2K Analytics
Make Better Business Decisions & Improve Bottom Line With VAI S2K Analytics;
Powered By IBM Cognos
To register, visit: http://www.vai.net/events
Labels:
Business Decisions,
Business Intelligence,
dashboards,
enterprise data,
IBM Cognos,
S2K Analytics,
VAI,
Webinar
Friday, October 28, 2011
VAI Enhances S2K Analytics with Financial Business Intelligence Capabilities
New Comprehensive Dashboards Help Companies Make Educated Financial Decisions
VAI (Vormittag Associates, Inc.), an award-winning ERP software provider, announced the release of its enhanced S2K Analytics solution, a comprehensive, web-based Business Intelligence (BI) tool designed to drive smarter, faster business decisions. This upgraded tool features ten new financial management dashboards that provide an in-depth view of financial data from all levels of the organization.
Designed to meet the needs of
- View balance sheets, and P&L statements
- Analyze profitability of their business
- Monitor procurement and expense management
- Create ad hoc self-serve inquiries
- Build reports and dashboards as well as share information with others
- Integrate S2K Analytics with Excel
- Collaborate on and contribute to new reporting needs
- Access information through a web browser, including mobile devices
- Compare past financial performance
Labels:
automated reporting,
Business Intelligence,
collaborate,
comprehensive,
dashboards,
decisions,
ERP software provider,
Financials,
integrates,
S2K Analytics,
streamlines,
tools,
VAI,
web-based
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