Your CRM and ERP systems are full of data that can be used to make meaningful observations about the way your business works and how to improve it. Unfortunately, data wont come to any conclusions by itself, and it is sometimes difficult to know where to start your data analysis.
As we enter 2015, its important for business leaders to do more than just make resolutions to do things better. Instead, they need to take a strategic, purposeful approach to growth in the new year.Here are three key ways you can increase sales and profitability in 2015.
This month's Data Snapshot looks at the estimated size of the chemicals MRO market, which includes product categories such as adhesives, lubricants and sealants.
There are a variety of new buzzwords in the business world, including Cloud and the Internet of Things. What do they mean, and how will they affect distribution and construction industries? Wired.com recently wrote an article suggesting that these new ideas will change the world as we know it.
Industrial companies are at different stages of adoption of analytics, according to a report from Accenture and GE. Similar to IMIs findings in a recent survey of distributors, the report also found that a financial gap is widening between those that adopt analytics and those who dont.
One of the biggest challenges companies face in profiting from data is getting buy-in from skeptical employees, because culture is as critical as the data itself.