Summerlin Analytics.com

Realize Analytics as a Competitive Advantage

Ashley Remstad

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Inventory Management: Everything You Need to Know About Inventory & Efficient MRP

Inventory management refers to the process in which a business looks after, organizes, and keeps track of its physical assets, materials, and stock.

This includes everything from purchasing inventory, to storing it in warehouses or at other locations, to shipping it. The degree of complexity for inventory management depends significantly on the size of the company, and a number of physical products that it sells.

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Inventory Management – Top 3 Metrics to Reduce Cost

Inventory management is perhaps the most important aspect of any business selling goods to customers.

Product quality is important. Shipping and fulfillment are important. But without a proper system for managing inventory, you won’t even get that far. Not to mention the costs you will incur for failing to accurately forecast demand.

That’s why proper inventory management not only helps a business to operate more efficiently, it can also drastically reduce costs.

Here are the top 3 inventory metrics that are most important in reducing costs.

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3 Chart Types you need to up your dashboard game

Chances are, your company spends a lot of time and money gathering data in the hopes of gaining valuable insight. Many times, however, important KPIs and impactful data get lost in cluttered spreadsheets and useless dashboards.

A good dashboard should illustrate a story quickly and efficiently so that the end user is able to easily draw conclusions from that data.  And the best way to convert a lot of data into something that is easy to interpret is through the use of graphs, charts, and tables.

Let’s take a look at three types of charts for data visualization that will take your dashboard game to the next level.

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Visualizing the Future: How to design your dashboard for success

At best, the average dashboard contains a large number of data visualization features that most users either don’t understand or don’t pay attention to.

At worst, it resembles the flashing advertisements of Times Square – cluttered and ineffective.

With too many visual pieces of information, it quickly becomes overwhelming for anyone passing by. As a result, the ads are often overlooked by the very people they were meant to reach.

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Working Effectively, Especially With Remote Teams

Twenty or thirty years ago, we could never have imagined how different the workplace would be today.

With improvements in technology and a shift in workplace ideas, working remotely is becoming more and more common. Employees are no longer confined to a cubicle – or even an office for that matter. It’s an exciting frontier for both employees and companies alike.

But as with anything new, there are a handful of challenges to overcome. With remote work, these challenges are centered around communication, productivity, and company culture.

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Supply Chain Visibility: How to Get a Clear View of Your Supply Chain Activity

If you’re a supply chain professional, chances are you’ve heard the term “visibility” about a hundred times in the past decade – give or take a few!

The ability to trace inventory through every stage, aspect, and touch point of the supply chain. It’s that heightened state of visibility that all supply chain professionals crave.

But true supply chain nirvana can feel nearly impossible to obtain.

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