• MITS Analytics: Game-Changing Business Insights & Automation [Webinar]

    Submitted on: Thu, 11.16.2017 09:40pm - admin

    When it comes to maximizing the impact of reporting and analytics on your distribution operation, self-service is the name of the game. That is why over 220 companies using Infor Distribution solutions rely on MITS Distributor Analytics to help their employees identify new business insights and automate the exchange of actionable information.

  • Deliver Analytics with Purpose, Not Mounds of Data

    Submitted on: Thu, 06.22.2017 01:42am - admin

    I am married to an amazing ER nurse. In her world, a patient’s symptoms indicate which tests to run for a diagnosis. The nurses and doctors don’t approach the patient like this is the first time they’ve seen a fever and rash from a bug bite, they simply follow a protocol. The book has already been written. The algorithm has been designed. Decades of research into data and billions of dollars have been invested to say, “if this, then that”.
     
    Why can we not apply the same logic to our distribution customers and their “symptoms?” They buy too much of this and not enough of that. They place too many orders. They have too many returns. They have us quote 1000 jobs to every 1 that is accepted. 

  • MITS TUGTalk 2017: Ultimate Grudge Match Edition

    Submitted on: Tue, 05.30.2017 06:52pm - Annie Eissler

    Who is better informed to make the best decision about which country has the highest child mortality rate: Swedish top students or chimpanzees?
     
    Listen in to MITS CEO Gary Owen's TUGTalk 2017, presented at TUG Connects 2017, to learn the answer and why the underlying research behind this "grudge match" is relevant for your distribution or manufacturing business.

  • Analytics delivers pick and zone restructure insights in 10 minutes

    Submitted on: Wed, 05.03.2017 11:56pm - Annie Eissler

    I just came across this post by Andrew Weith of ASW Global Consulting on the TUG Forum and had to share it:
     
    In working with a client earlier this week, I suggested their storage of products was 'backwards', meaning fast moving product was furthest from the docks and slow moving was closest. It was an observation with merit but we couldn't possibly invest in flipping the building on it's head based on what I 'think' is occurring.
     

  • Benefits of a Top Down Data Analytics Approach

    Submitted on: Thu, 04.20.2017 06:36pm - Annie Eissler

    As software continues to become more and more complex, we find that about 80% of its users tend to utilize about 20% of the software’s functionality. And this is fine, as long as it’s the right 20 percent. To make sure that happens with their analytics software, companies need to take a top-down approach centered on aligning analytics with the company’s overall strategic planning. This, in turn, ensures that your company gets 100% of the value out of the solution without worrying about what percentage of its functionality is actually being put to use.

  • How to Build a Metric Management Culture at Your Distribution Business

    Submitted on: Mon, 01.30.2017 06:17pm - Annie Eissler

    When management guru Peter Drucker famously said, “You can’t manage what you can’t measure,” he was saying that without clearly established success metrics, you can’t quantify progress, adjust processes, or produce desired outcomes. Put simply, in the absence of clear objectives, companies are stuck in a constant state of guessing—and, hoping that they’re doing the right thing to win their end games.
     

  • If Your Inventory Could Talk, What Would It Say?

    Submitted on: Wed, 05.25.2016 07:41pm - Annie Eissler

    You can learn a lot about your overall business trajectory—and even the economy—if you have the tools in hand to “hear” what your inventory has to say to you. MITS President, Gary Owen, will share the inventory trend tactics we’ve seen our distribution customers use to enhance inventory stratification efforts.

  • When We Don’t Believe Our Data

    Submitted on: Mon, 03.28.2016 06:01pm - Annie Eissler

     

    Note: The following blog post was written by guest blogger Andy Weith.

    “Beauty is in the eye of the beholder.” This phrase is used to describe a subjective approach to art, and whether or not it is “good” or “bad” it cannot apply to data, where an objective view is necessary. This may seem straightforward and to many folks, myself included, begs the question “Why does this matter, facts don’t lie?”

  • Tips for success with distributor analytics: make it easy or no one will use it

    Submitted on: Tue, 03.01.2016 07:00pm - Annie Eissler

     

    Earlier in this blog post series we shared the importance of finding the right tool set and using those tools to empower your team. Today’s tip? Make the distributor business intelligence solution you roll out easy to use.

  • Tips for success with distributor analytics: empower your team through transparency

    Submitted on: Thu, 02.18.2016 07:00pm - Annie Eissler

     

    In the first of our blog post series tips for success with distributor analytics, we discussed how important it is to pick the right tool set to get real-time insight from your business data. The next tip we’d like to share is the importance of empowering your team. That means giving them both the right tool set and more transparent access to your data.

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