A data warehouse often deserves its reputation of being complex, time consuming and expensive to build and maintain. There are countless projects that have failed to deliver on time and budget and according to business requirements.
Stockouts almost always make it to the “worst nightmare” lists of businesses, and for good reason. Not only do they lead to lost sales, out-of-stocks also result in poor customer satisfaction and lower loyalty levels. Customers often feel let down when they encounter an out-of-stock message, and we know that as a business, the last thing you want is to disappoint customers.
Ever wonder how you can align the employees in your organisation through a consolidated analytical framework and a single source of truth?
One of the oldest and most misguided thoughts about business intelligence is that it is a glorified tool for analytics reporting. How many times have we heard the annoying question, "oh, why don't you just use Excel for that?"
Article by the Netstock Mentor
As a business owner, you require an inventory management system that insures the next order you place is the right quantity both for you and your customers and for your business.
Frankly, without an inventory management system you do not know whether or not the next order that your Buyer or even you place, will result in excess stock or a stock out.
Cloud computing is now firmly established in the enterprise computing landscape. IDC the analyst firm says that public IT cloud services spending will grow to more than $127 billion in 2018, representing a compound annual growth rate of 22.8%, which is about six times the rate of growth for the overall IT market. But many companies find themselves excluded from the cloud revolution because they are economically, operationally and technically shackled to inflexible and highly customized legacy systems.
Upgrading an ERP system presents a number of challenges to many organizations. However, many of these challenges can be alleviated by integrating a Business Intelligence (BI) solution during the upgrade process. This is especially true if the BI solution is based on a data warehouse and implemented using a data warehouse automation platform.
Microsoft yesterday announced the upcoming release of Microsoft Dynamics NAV 2016, and they made clear that it's a new NAV deeper in the cloud, easier on integrators and of course, on users. Microsoft had previously code named the release "Corfu" leaving open whether it would be a minor release as 2012 R2 or a major release.
Inventory is what drives your company, but managing and keeping it at optimum levels is hard to do if you don't have the right tools. 42% of customers rates stockouts as one of there primary inventory concerns, while 37% worry they have excessive capital invested in inventory. Stockout of high demand items result in unhappy customers. Netstock can help you manage your inventory better, reduce your costs and grow your business.