5 Major Consequences of Poor-quality Data and How to Avoid it
Data often gets pushed back on that never-ending to-do list as other day-to-day business operations take priority. However, your business’s information is only as good as the data you use behind it. The five major consequences of poor-quality data are: Poor decision-making Business inefficiencies Mistrust Missed opportinities Lost revenue LetR ... Read More
October 5, 2019 business efficiency, data accuracy, data analysis, data hygiene, inventory reporting5 Signs You’re Using a Great BI Dashboard
Data has never now than ever been more readily accessible. With the sheer amount of data, it is important that best practices are adopted to ensure businesses are making the right sense out of it all. A business intelligence dashboard (BI dashboard) is an information management tool that uses visualisations to display the status of […] ... Read More
September 14, 2019 data analysis, inventory reportingThe Benefits and Limitations of a Business Intelligence Dashboard
A business intelligence dashboard is an information management tool, that uses data visualisation technology to analyse and display information visually in a practical and useful way. It can be used across a multitude of functional areas within an organisation and is a useful tool for helping to measure performance and for managing inventory contro ... Read More
August 31, 2019 data analysis, inventory control, inventory reporting, real-time reportingInventory Management – More Than Just Controlling Your Stock
When asked what inventory management is, business owners often say it’s about keeping control over stock levels: optimising how much inventory your business holds, to minimise costs associated with inventory handling, obsolete stock, and logistics. While inventory management assists with all of these things, its benefits to a business exte ... Read More
July 8, 2015 customer retention, data analysis, logistics, optimising inventory, stock control