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Many business owners seek a competitive advantage through better business intelligence. Business intelligence solutions, such as Sage Enterprise Intelligence can provide you with big-picture data of your organization’s performance. Such data enhances your ability to make timely, accurate, and judicious decisions. These decisions aren’t limited to the big picture, however. Every portion of your business, from the warehouse floor to the manufacturing area, benefits. The more data your managers have, the better they can do their jobs. There are many surprising benefits to be derived from the implementation of new business intelligence solutions. Sage commissioned Forrester Research to analyze data from a representative sample of companies on their implementation of Sage X3. The resulting analysis showed abundant benefits and cost-savings. Some, however, were surprising. Three Surprising Benefits from the Implementation of Sage X3 and Enterprise Intelligence There are dozens of benefits your company gains from implementing business intelligence solutions. But three surprising areas include: Automating compliance Improving processes Enhancing availability of data. Automating compliance: Many companies have stringent approval processes over items such as discounts, price breaks, returns, and other areas that directly impact the bottom line. Workers, however, find themselves chasing down managers for approvals, sending myriad reminder emails, […]

It can be hard to make sense of the dollars and cents, numbers and figures flowing from your company’s business intelligence solutions. When manufacturers were asked about areas where they invested in technology and the potential return on investment, one area stood out: business intelligence. Among those surveyed, collecting business insights was the number one priority for investment. For the 76 percent of manufacturers who made the investment into new software to collect business insights, an astonishing 100 percent saw an improvement. Anytime you see every manufacturer in a survey agreeing on something, it’s important to take note. When everyone agrees that investing in software to collect business insights does indeed improve business, it makes sense to explore it as an option. Manufacturing businesses face similar challenges no matter what products they make. Reducing the costs of overhead and raw materials, forecasting demand, increasing sales, and improving customer service are concerns shared by companies making everything from automotive parts to cardboard boxes. But one thing stands out: no matter what the problem, the solution lies in gaining deeper insights into existing business processes, and making sound decisions based on facts. You can accomplish this by including business intelligence solutions in […]

The right business intelligence software can unlock opportunities for manufacturers. Sage X3 with Sage Enterprise Intelligence can help you collect and share business insights that drive decision-making. Opportunities Are All Around We often feel locked into our typical methods of conducting business simply because we’re focused on the daily needs of our companies. Manufacturers are especially keyed into daily sales quotas, supply chain demands, shipment needs, and so forth. It’s hard to take a step back and look at the big picture. Business intelligence software like Sage Enterprise Intelligence can change that paradigm. Using the data generated by different points within your company, Sage Enterprise Intelligence can share the data and help you make predictions about where to expand your company, how to grow it beyond current capacities, how to leverage customer relationships, and more. Sage Enterprise Intelligence can’t, by itself, make your business more responsive and profitable, but the right business intelligence software puts the right tools into the hands of your key team players. They can then use those tools to grow your company bigger and faster. Real-time data, provided to people with the experience, insight, and ability to use it to make decisions, can change how your […]

Nothing is more frustrating than promising a customer a product and finding out it’s out of stock … all because your inventory data is flawed or out of date. Worse still is telling a customer you’re out of stock on something when in fact you have plenty of it. Is it any wonder that businesses crave better inventory data? A new paper from Sage called Conducting a Cost-Benefit Analysis for ERP sheds light on the many benefits to consider when implementing an ERP solution. One of the many benefits is greater reliability. Accurate, timely business data is critical to all departments in your organization, but perhaps it is most critical to the inventory and fulfillment centers. Without accurate data, they can’t fulfill customer orders quickly. They may erroneously report information to sales or manufacturing. These errors can multiply, causing cost overruns, duplicate stock, and excess warehouse space taken up with redundant products. Better Data Leads to Faster Shipping Times Consider your company’s data needs when it comes to shipping times. Integrated systems that can share ordering, warehouse, and fulfillment data can provide an accurate picture of possible shipping times. Customers rely upon this information to predict their own business needs. […]

You’ve heard the old saying, “Knowledge is power.” But did you know that better business intelligence can actually improve your company’s ROI? Knowledge is indeed power, and greater intelligence from your business systems can lead to increased profits over time. These three examples of how better information derived from your business systems can lead to increased ROI may intrigue you. At the end of this information, we present to you a free white paper from Sage Solutions called Conducting a Cost-Benefit Analysis for ERP. Download the paper to learn more about how enterprise software can improve your company’s ROI. Better Business Intelligence, Greater Profits: Three Examples Good business systems provide data that can be used to create new business models, understand current problems, and set new objectives. The following three examples of how better business systems and greater intelligence improve ROI may spark your thought processes on how you can use your ERP tools to greater advantage. #1: Develop new business models. When you look at the same data week in and week out, your mind becomes habituated to the picture it paints, and it’s hard to look beyond it to find something new. Often companies become entrenched in existing […]

Are you getting the most out of your business intelligence software? Are you able to pull the data and information you need to make better business decisions? There’s nothing more frustrating than investing in a business solution only to have it not produce the results you expected. Using a tool like Sage Enterprise Intelligence integrated with your enterprise software can transform your business when it is used correctly. Companies can use business intelligence to strategically influence every part of the organization and transform key data and information into actionable insights to help businesses grow and respond to change. Both small and large companies can use business intelligence to gain a thorough understanding of their operations and form strategies to improve their future performance. While many companies view business intelligence as simply a data analytics tool, it is so much more than that. Business intelligence is a business solution capable of providing you with the answers you need to form strategic processes to support your plans for growth. While it can definitely help you analyze your data and understand patterns, it can also help you assess your current performance, forecast the future, and spur business action. Business intelligence tools can help your […]

Over the past few weeks, we have looked at ways to reduce waste in the food manufacturing industry by using technology to improve warehousing and manufacturing practices. Another tool you can use to reduce waste is business intelligence connected with an enterprise resource planning (ERP) system like Sage EM (formerly known as Sage X3). Overstocking is a Primary Source of Food Waste Increasing manufacturing automation and improving traceability are certainly key components in reducing waste; however, a large portion of food waste results from overstocking which comes when companies are unable to sell their finished products. Of course, the danger of lowering stock levels is to run into stock-outs which will also reduce profitability. Business Intelligence Tools Optimize Inventory Success in the food manufacturing industry is tied to the ability to accurately forecast consumer demand. Because supply and demand can fluctuate dramatically, it can be a challenge to maintain the right stock levels.  Business intelligence tools are critical components to your systems because they can help take the guesswork out of when to buy and how much to stock. Even small improvements in the problems below can make a big impact on your profitability. Excess inventory Stock-outs Inaccurate counts Warehouse inefficiency […]