Inventory and stock insights: Improving your purchasing decisions

Discover how to optimize your inventory and make smarter purchasing decisions with Phocas Data Analytics. In this webinar we delve into the power of data analytics for retail, distribution, and manufacturing businesses.

Throughout the 45-minute session, we explore the critical role data analytics plays in monitoring stock levels, identifying trends, and responding proactively to market demands. Learn how to avoid missed opportunities by tracking customer and product ordering patterns, and see how customized reports and dashboards can streamline internal processes.

Page, with his experience in purchasing and inventory management, shares his expertise on the challenges of inventory management and the importance of timely, accurate data. He demonstrates how Phocas Data Analytics provides actionable insights, helping businesses stay ahead of potential issues and manage inventory efficiently.

The webinar showcases how Phocas's user-friendly dashboard and grid system enable quick identification of dead stock, overstocked items, and low stock levels. Page also introduces strategic inventory management concepts like GMROI (Gross Margin Return on Investment), demonstrating how Phocas can inform vendor negotiations and inventory decisions.

For businesses looking to harness the full potential of their data for growth and efficiency, this webinar is a must-watch.