Technologies tackling the current business climate

Recent events are affecting the businesses in a large scale. Bushfires, floods and COVID-19 have affected everyone including the retail, distribution and manufacturing companies.

Some businesses are dealing with an unprecedented demand, others struggle to survive. Both of them have one thing in common. It’s the need for technology enabling informed and fast decisions through efficient use of data.

Among other IT solutions, modern Business Intelligence tools are needed to enable efficient reforecasting and budget planning, help with complex what-if analysis and provide full visibility into the supply chain. If the companies have not invested into them in the past years, they should do it now and choose the tools with fast ROI and quick and low-cost implementation.

Mayo Hardware, a leading Australian distribution company, has grown twice the size over recent years without any extra headcount thanks to having proper IT systems in place. During the current crisis, technology helps them be more agile.

Read their story and learn how the technology supports efficient management of the supply chain and sales.

When the spreadsheets are not enough

There are still a lot of companies using spreadsheets for planning, reforecasting or scenario modelling. The process is usually manual, time consuming, prone to errors and often inaccurate.

How can this be improved? Read another customer story about how Mayo Hardware got rid of Excel to simplify the budgeting process, save time, eliminate manual interventions and help users to quickly react to changing conditions on the market.

After only 4 weeks of implementation, they were able to switch fully to the new solution, which brought their planning process involving 15 business users across 3 countries, 3 different business units, hundreds of customer groups and thousands of products to another level.

In addition, the tool helps with the regular reforecasts to reflect the situation on the market, prevents inventory shortages and enables more efficient Cash Flow management.

BI Implementation does not have to be long and costly

Thunderbox Industries, also known as Rhino Toolboxes, is an Australian owned company that has become over the last 13 years the largest toolbox manufacturer in Australia, employing over 80 people.

At the end of 2019, they subscribed to a tool that helped them efficiently manage the product sales via more than 250 Bunnings stores, optimize stock levels and analyze trends based on point-of-sale data.

The cloud-based data analytics solution was onboarded within an hour with zero initial investment and for a monthly subscription cost of $300 thanks to the efficient SaaS data analytics platform. Read more here.

Qlik Sense, the solution chosen by Mayo Hardware, Thunderbox and thousands of other companies, is especially helpful when a lot of inputs change. It brings the lowest TCO and highest value on the market thanks to the flexible associative model, excellent ETL capabilities, AI assisted insights and powerful visualisation. The position of multi-year leader is confirmed also by the independent analysts such as Gartner or BARC BI Survey.

EMARK Analytics is offering free initial consultation including a Proof of Concept. The first  tangible outcomes can be delivered  within a few hours.

If you would like to discuss your needs and understand how our solutions could help you to overcome the current crisis, please contact us or schedule a consultation.

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