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Business Intelligence and Key Performance Indicators for Trading and Distribution

The enterprise that competes in the trade and distribution industry must focus on governmental and regulatory compliance and provide open trade channels, free-flowing distribution and shipping processes and fast, accurate billing, shipping documentation and customer, partner and supplier communication. The enterprise may participate in global import and export activities; it may manage a business to business (B2B) marketing and sales effort, manage a dealer network or manage stock and inventory, distribution and other supply chain factors across continents or international boundaries. If the enterprise is to be successful, it must carefully manage competition

and delicately balance profit margins with optimised products and services and processes.

If your business competes in the trade industry, you face the constant challenge of juggling expanding product portfolios, managing multifaceted supply chain with distinct service requirements and ensuring compliance with strict regulations and reporting requirements. Your users are reliant on accurate, timely market research, effective, targeted marketing campaigns and an efficient distribution network and sales force to execute the enterprise strategy and achieve targets and plans.

Today’s global competition adds a complex component to the trade market with increased consolidation and competition, new growth opportunities and sales channels, and the critical necessity for efficient supply chain and cost optimisation.

To compete in this environment, your team must establish and leverage a powerful combination of technology, business intelligence and results management and deliver quality and value with every shipment and for every customer.

Business Intelligence Solutions

Business Intelligence for Trading and Distribution

True business intelligence (BI) can support, grow and ensure the success of the trade enterprise, and simplify the process of managing the competitive strategy, the supply chain, product distribution and other critical business factors.

  • Financial and Operational Performance Management – Financial and Operational Performance Management and Analysis enables financial performance and allows the organisation to establish and meet goals and track progress using a large volume of information, integrated from numerous enterprise systems and sources. Users can monitor the financial health of the organisation and create and share reports to comply with government and industry regulations
  • Customer Profitability Management – Customer Profitability Management and Analysis facilitates excellence in customer service and improves customer acquisition with targeted marketing and market research. Users can identify the most profitable customers and analyse buying behavior and preferences
  • Product Profitability Management – Product profitability is paramount to a trade and distribution enterprise. In order to sustain product profitability, the enterprise must have a firm grasp of its most profitable market segments and customer profiles and understand which products and services are decreasing in popularity and where the market trends are changing the face of the industry.
  • Profitability Management – Profitability Management and Analysis helps users to evaluate the competition, the market, analyse risk trends and forecast profitability with dependable data
  • Sales, Marketing and Management – ElegantJ BI provides ample support to establish and manage the results of marketing campaigns, market research, sales results and targets, individual sales performance, regional and product sales performance and more
  • Shipping and Distribution Channels – Your team can monitor and analyse the efficiency of the shipping and distribution network and its impact on customer satisfaction, inventory, sales and other factors.

ElegantJ BI for Trade – Benefits at a Glance

  • Provide true business intelligence to monitor and analyse results, metrics, and strategic, operational and tactical performance
  • Achieve transparency and full insight into trends, yearly and monthly shipping and distribution results, equipment and infrastructure investments, resource allocation, seasonality and other factors
  • Ensure an ideal combination of technology, processes and people to optimise business strategy and cost and resource allocation
  • Identify profitable partners and suppliers, and improve collaborative business processes
  • Improve performance by integrating management and financial metrics
  • Streamline sales and marketing expenses and monitor results
  • Improve customer relationship management with better understanding of their requirements
  • Make timely informed decisions about business strategy and marketing tactics
  • Provide consistent operational and financial view across organisation to enforce accountability and information sharing
  • Ensure accurate, timely data for better insight into revenues and costs for confident decision and maximized profitability
  • Identify redundancies, control costs and discover profitable growth opportunities
  • Simplify product planning and pricing analysis
  • Ensure accurate, up-to-date financial analysis
  • Receive automated alerts and take immediate corrective action to resolve shipping and distribution issues and manage suppliers
  • Provide an integrated view of market research, customer feedback, new product planning, marketing campaigns, sales targets and results and trends
  • Ensure regulatory compliance and provide accurate, intuitive reporting
  • Provide a simple, intuitive interface that business users can leverage to perform tasks and fulfill their prescribed role
  • Provide capability to handle complex and large data elements in different data schemes spread over a wide geographic distribution for risk recognition and trend analysis
  • Monitors, analyses and provides key performance indicators (KPIs) on sales by product, region, distributor, partner, or sales representative using personalised BI dashboards and intuitive business intelligence reports
  • Provides the support to eliminate the use of complex, error-ridden spreadsheets in favor of highly intelligent BI dashboards and business intelligence reports with graphical and drill down capability
  • Balance the risk involved with business and growth while maintaining regulatory compliance
  • Leverage investments in existing resources and infrastructure by integrating data from existing sources
  • Produce BI Reports for management on performance, customer demographics and other factors
  • Assess all aspects of organisation performance, e.g., income, profit, customer satisfaction, flexibility, transformation and growth

ElegantJ BI Integrated Business Intelligence and Enterprise Reporting capabilities ensure comprehensive Corporate Performance Management, and provide business intelligence with simple, practical, affordable features and functionality. Our BI modules are relevant to all industries and functions and can be used by the average business user without the assistance of analysts, statistical experts or technical programmers. No matter the size of your organisation, ElegantJ BI solutions can satisfy your needs with flexible licensing and implementation options that include on premises implementation and hosted, Software as a Service (SaaS) implementation.

ElegantJ BI solutions provide a single source, integrated view of enterprise data from numerous sources and enable every user to build views, balanced scorecards, dashboards and key performance indicators (KPIs) to satisfy the needs of their role, department and function, so every user is engaged in the pursuit of strategic, operational and tactical goals and can provide appropriate support for continued success in acquiring new clients and in retaining existing clients and selling new products and services.

If you need a rich, intuitive Business Intelligence solution, coupled with robust CPM features, we encourage you to contact us today to discuss your unique requirements and get started with the ElegantJ BI solution suite. Email us at sales@ElegantJBI.com

Business Intelligence White Papers

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Business Intelligence Case Study

Customer Success Story

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The client, a leading Industrial Chemical Marketing & Distribution Company having a pan-India presence, nationwide branches and a wide distribution network is engaged Read full story »

The Business Value of
Enterprise
Performance
Management

Martin Butler

Martin Butler is well respected in ‘Business Intelligence’ industry circles and his latest report ‘The Business Value of Enterprise Performance Management’ compliments his earlier report ‘The Business Value of Business Intelligence’ extremely well.

Read the story of Mr. Smith