Inventory Analysis & Reporting
Stratum's inventory metrics and reports put you in control of your inventory by helping you …
- Control inventory costs
- Improve service levels with the right product availability
- Better manage your inventory assets (which is often 40% -50% of total corporate assets)
- Prevent costly inventory build-up
- Keep out-of-stocks from happening
Download the Stratum Inventory Analysis & Performance Management Brochure
The Definitive Guide to Defining & Delivering Effective Key Performance Indicators (KPIs)
If you're looking to gain more knowledge about the meaning of Key Performance Indicators (KPIs), the value they can offer to your business, how to plan and collaborate around them and so much more, download our recently published guide to KPIs.
Relevant Inventory Analysis & Performance Management Articles
32 KPIs That Drive Inventory Optimization
Inventory can be a manufacturer's most important asset. Too little of it when and where it's needed can create unhappy customers. But a large inventory has its own liabilities such as cost to store and insure it, along with the…
Why You Can't Be Successful with Your Sales & Operations Analysis Using Excel or Power BI Alone
There’s no doubt. Power BI is powerful. It’s highly visual. And on a self-service level, it packs a real punch in letting business analysts and other advanced users build simple reports and visually appealing dashboards from live data sources. Excel’s a real powerhouse, too, and not surprisingly …
Supply Chain Dashboards - Key Metrics For Manufacturers
As I mentioned in my previous post, Sales Dashboards - 16 Metrics for Manufacturers, a strategy for measuring business performance should also incorporate metrics that focus on the supply chain and othe…
Why a Modern Data Hub is Crucial for Visualization and Other Analytic Tools
There’s a lot of interest in data visualization tools right now, and rightfully so. These products make it very easy for business analysts and others to create eye-catching dashboards that highlight key business performance information. However, the amo…
Value of Analytics for Wholesale Distributors
Analytics can help wholesale distributors maximize profits, but it isn’t just about gaining insights from the data. It’s only those distributors who use the data to reveal where the inefficiencies are (and then act on fixing these problem areas) that truly thrive. Thanks to…
Using Analytics to Manage Inventory
It’s true that inventory management is a challenge for both manufacturers and distributors. Each supply management issue that can arise has repercussions. For example, excess inventory can cause a decrease in product turnover and a loss of profits, while stock-outs can cause backorders, unhappy …
Using Data To Align Your Sales and Supply Chain Teams
Ensuring that your sales and supply chain teams are in sync is one way that you can enhance the customer experience. However, this does pose some challenges because the end goals of these teams don’t always match. This challenge is further compounded by the global nature of many …
Operational Analytics: The Benefits Are BIG For Manufacturers
Recent benchmark surveys of C-level executives at manufacturing businesses indicate that the focus of business analytics is shifting from customer insights to analyzing (and driving improvements in) operational performance.
As a matter of fact, research shows that …
5 Attributes Of An Effective KPI System
In my two most recent blog posts on Key Performance Indicators, I covered The Basics of KPIs and Why Non-Financial Metrics Matter and How t…
Defining KPIs That Are Optimal For A Manufacturing Business
Defining effective Key Performance Indicators (or KPIs) that are optimal for a manufacturing business doesn’t have to be difficult so long as you realize what information will and won't help you determine how your company is meeting its goals and objectives, and that yo…
KPIs: The Basics & Why Non-Financial Metrics Matter
Key Performance Indicators (KPIs) provide an organization with a high-level snap-shot of the health of the business through a set of agreed-upon measures that reflect progress toward the achievement of corporate goals. They give executives and managers the ability to focus on what matters most to the …