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Monthly Archives

June 2015

dataprofitsmoneyATLANTA, June 23, 2015 /PRNewswire/ — Data Profits Inc., (http://www.data-profits.com), a leading mid-market solutiondemand forecasting provider, announced today that The Empire Company LLC has selected Data Profits for their demand forecasting, order management, and replenishment solutions.

The Empire Company LLC, headquartered in Zeeland, Michigan, is one of the largest millwork distributors in the United States. Their product lines include: moulding, stair parts, hardwood and softwood boards, plank paneling, PVC products, decorative moulding accessories, and columns.  The Empire motto, “The customer always comes first”, has been the underlying theme to their success and growth. Finding a new partner to continue their success was a key decision for their organization’s future.

“Adopting Data Profits’ solutions will positively impact our cash flow, and give us better tools to maintain the high service levels our customers expect,” stated Empire’s Kevin Spalding, VP of Supply Chain. “The iKIS™ solution provides higher supply chain visibility, more accurate demand forecast, and streamlines our replenishment processes.”

“Social media has created a constantly changing marketplace, forcing retailers and distributors to adopt responsive demand forecasting and replenishment processes. The results from iKIS™ are unlike anything previously available from legacy distributor systems,” said Stuart Dunkin, CEO of Data Profits. “By focusing capitol spend on better selling products, our customers see higher service and sales.”

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5019000000631004_zc_v3_NewsLetter_Home_Page_Top_(3)80% of your product makes up only 20% of sales. Almost 30% of your product sells less than 1 per period. Managing the inventory for the 80% product mix is critical to raising profits and beating the competition. Retailers that continue to use top down replenishment strategies will not survive the new marketplace with the hyper-informed customer. Below are three ideas you can review in your business to help determine your opportunities for improvement with slow and intermittent demand products.

 

 

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Differences-Between-SaaS-and-Web-Hosted-SolutionsATLANTA, June 2, 2015 /PRNewswire/ — When it comes to software-as-a-service (SaaS) providers, things aren’t always as they seem. In fact, some software vendors calling themselves SaaS providers may actually be representing Web-hosted or cloud-based services–which, although similar to SaaS, are typically less secure and more costly. Now demand forecasting companyData Profits wants to make sure potential clients know the critical differences between SaaS and Web-hosted solutions.

 

“Many vendors have latched onto SaaS as a buzzword but have not actually built an architecture supporting that model,” said Data Profits founder and CEO Stuart Dunkin. “Prospective clients may not be aware of that key point, but the difference is important. True SaaS entails efficiencies that Web-hosted services cannot match, not to mention a significantly smaller risk profile.”

Dunkin offers tips for organizations who want to make sure they’re dealing with a SaaS provider and not a Web-hosted solution. First, and most obvious, are updates. If a vendor only releases updates once or twice a year, it’s a Web-hosted software. Infrequent updates typically mean the software has been reconfigured for each end user, making the addition of new features a difficult, expensive and frequently time-consuming task–and putting client organizations behind the curve of competitors who have deployed an easily and frequently updated SaaS solution.

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7 Reasons Demand Driven Is More Than a Buzz Word

ATLANTA, June 2, 2015 – When it comes to software-as-a-service (SaaS) providers, things aren’t always as they seem. In fact, some software vendors calling themselves SaaS providers may actually be representing Web-hosted or cloud-based services–which, although similar to SaaS, are typically less secure and more costly. Now demand forecasting company Data Profits wants to make sure potential clients know the critical between SaaS and Web-hosted solutions.

“Many vendors have latched onto SaaS as a buzzword but have not actually built an architecture supporting that model,” said Data Profits founder and CEO Stuart Dunkin. “Prospective clients may not be aware of that key point, but the difference is important. True SaaS entails efficiencies that Web-hosted services cannot match, not to mention a significantly smaller risk profile.”
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