Uncategorized

Using Data to Keep You Ahead

Posted on

As a business owner, you always look for ways to get ahead and stay ahead. The key to reaching those goals may be something you’ve had at your fingertips for as long as you’ve been in business: your data. 

Every business generates data, especially businesses that have a strong online presence. This data becomes increasingly important every day, and it can often mean the difference between business growth and stagnation. In this day and age, not using your data can mean leaving a lot of money on the table. The question is how to start using your data instead of letting it go to waste. 

That’s where eoStar comes in. At eoStar, we’re known for our route accounting software, but we also offer complex professional services, including eoStar Analytics. This service helps our clients spot and use the data that they may have missed otherwise. 

Why Your Company’s Data Matters 

Again, every business generates data, but some generate more data than others. Distribution businesses generate a lot of data. In fact, these businesses essentially run on the data that they produce. From customer buying habits to seasonal changes, this information keeps distribution running every day. 

When harnessed and used properly, this data can prompt business growth, efficiency, and a healthier bottom line. That said, most companies don’t take advantage of all of the data they have available. That’s not surprising. Data analytics is no easy task, after all. It takes a lot of time that many business owners just don’t have. 

While you may have a lot of data available, success isn’t just a matter of finding that data and reading it. Once you’ve started pulling data from every available source, you’ll need to interpret it, analyze it, and model it so that it becomes usable information. Learning how to interpret data is like learning how to read a map. Until you can interpret the key, the information doesn’t mean much. However, once you figure out what all of the symbols mean, you can use your map to get where you want to go. The question is: How do you get started when you’re already busy running a business? 

How eoStar Helps You Use Your Data for Success 

Fortunately, you don’t need to sacrifice your time or sleep to get started with data analytics. eoStar Analytics can help you use your data to its fullest potential. 

eoStar Analytics is a service that finds and gathers relevant data that you can use for problem-solving. From there, we’ll help you turn that data into models and insights. You can apply context to your data and begin to see patterns that you may not have otherwise noticed. Once you have a clear picture of these patterns, you can make concrete changes and solve problems that may have been causing frustration for years. 

Essentially, eoStar will act as your field guide so that your data will finally start making sense. 

Your Data’s Possibilities 

Once you have the right data at your fingertips, there’s virtually no limit to what you can do with that data. For example, your data may tell you what your most satisfied clients have in common. Perhaps they all have had a similar experience with your website or ordering platform. You can then use this information to raise client satisfaction all across the board, making sure that all of your clients go through the same web process that your most satisfied clients go through. 

You can also use this data for things like keeping the right products on the shelves, preparing for seasonal inventory changes, and maintaining warehouse efficiency. This way, you won’t get caught off-guard by surpluses and shortfalls. 

One of the best parts of data analytics is that you can use it to make predictions. The longer you work with your data, the more you’ll see emerging patterns. You’ll be able to get ahead by using your preparedness and foresight. 

Overall, when you unlock your data’s full potential, you can make more decisions based on measurable patterns instead of limited estimations. As a result, you may have more confidence in your decisions.

Let Us Help You Make the Most of Your Data 

We covered a few possibilities, but those possibilities are just the tip of the iceberg in data analytics. There’s a world of possibilities when it comes to your data, and those possibilities can help your business get ahead and stay ahead. 

What you do with your data is ultimately up to you, but first, you have to gain access to that data and look at it from multiple angles. We’re here to help with that. If you’re ready to learn more about how data analytics can help you, contact the eoStar team today. We’d love to discuss our data analytics process with you and answer all of your questions. 

Route Accounting Solutions

What You Can Do with eoStar Analytics

Posted on

Does your company take advantage of all of its data? If not, it’s not the only one. Most business owners don’t even realize how valuable their data really is, let alone create a plan to take advantage of it. 

It’s not surprising. Most business owners — especially those in warehousing and distribution — are busy people, and data analytics can take a lot of time and effort. The good news? You can make the most of your data without dealing with a bunch of extra hassle. That’s because we’ve got you covered. At eoStar, we offer data analytics services to help you use your data in a positive way. 

With eoStar Analytics, it’s time to see what your data can do for you. You’ll be surprised at the difference it makes. 

What is eoStar Analytics? 

First, though, what is eoStar Analytics? It’s the process we use to help you gather your business data, translate that data into usable information, and then report that data back to you so that you can make the most of it. 

Many business owners don’t realize that their companies generate data all the time, and that information has a lot of potential. You can learn a lot from customer buying habits, the pace at which products move, the timing and effectiveness of your marketing strategies, and plenty of other information. 

You already have the data. Our job is to help you unlock it with our centralized framework. Once you have the right information and context, you can use that data to make even smarter business decisions. 

Turning Data into Insights 

The process starts, of course, with the data itself. Again, we gather the relevant data and then help you turn that data into insight. With the right data presentation, you may notice correlations that you didn’t see before. Maybe certain products sell better in the mornings than in the afternoons. Maybe your marketing efforts work better with certain age groups than with others. 

You may have noticed a few patterns already, but data analytics can take that recognition up a notch. You might see places where those patterns overlap, or you may notice factors that you haven’t observed in the past. Without data analytics, you’re essentially putting together a puzzle without the corners and edge pieces. You can get a glimpse of the big picture, but you’re missing the thing that will really bring it all together. 

Turning Insights into Action 

Once you have all the right insights, it’s time to do something with them. That’s the next part of the data analytics process, and this is where the real fun starts. Your data can unlock secrets about your work. Suddenly, you realize why you’ve been facing specific issues. 

Now that you have the right data, you can start applying some solutions. Even better, those solutions will be real solutions. When you have data analytics on your side, you take away the need for guesswork. This way, you have a better chance of finding the right solution on your first attempt instead of your third or fifth. 

How Can eoStar Analytics Help You? 

Think about some of the most common issues in your company. What are the things that cause you the most frustration? Some of our clients have cited issues such as: 

  • A sudden decrease in certain product sales without explanation 
  • Finding the most efficient routes 
  • Unpredictable seasonal changes 
  • Slowed fulfillment speeds 
  • Unproductive marketing efforts 

eoStar Analytics will help you look at these issues from all angles so that you can find effective solutions. For example, let’s look at unpredictable seasonal changes. Maybe a product that usually moves off the shelves during the holidays isn’t selling as well this year. Some business owners may assume that there’s an issue with the product, but the truth is that there could be any number of issues. 

Analytics can help you see all of the relevant changes, from the products that people are buying instead to the amount of time they spend on your site before ordering something different. Maybe the issue isn’t with the product at all, but with your website speeds. Whatever the case, when you have the right information, you don’t have to waste time trying solutions that may not work. 

Contact eoStar to Learn More 

Analytics is a big topic, and you may have lots of questions before you get started. If you’re ready to learn more about your analytics options and how eoStar can help you, we’re ready to answer your questions. Get in touch with us now to get started. We’ll chat about your options and help you find solutions. 

Uncategorized

3 Reasons why Forecasting is Crucial to Success

Posted on

You ask a lot of your route accounting software, and why shouldn’t you? In a lot of ways, your business software is what helps your business move forward. That’s why eoStar’s route accounting software covers a lot of ground. With eoStar, you can have excellence in each part of your software. 

That excellence includes eoStar’s forecasting capabilities. We put a lot of thought and effort into our forecasting software because we know that forecasting is crucial to your business success. But what exactly makes forecasting so important? Let’s take a closer look. 

Planning Ahead Makes You More Reliable 

Using premium forecasting software just makes good business sense. For one thing, it makes your business more reliable. By planning ahead, knowing when to anticipate low stocks, and keeping an eye on your ordering patterns, you can avoid running out of stock and disappointing your customers. 

It doesn’t take much for a consumer to ditch one brand for another. Don’t send your clients to your competitor by failing to provide what they need. 

Handle Variability Without the Stress 

Virtually every business deals with some kind of seasonality, but some deal with these ups and downs more than others. For instance, do your sales patterns change right around the holidays? Do you offer specific sales and clearances during the summer? 

Seasonal changes come with inventory variations, and without the right route accounting software, those variations can cause a lot of stress. Ordering the wrong amount of inventory could spell disaster, but how do you know for sure how much you need without the right software on your side? 

Thankfully, if you do have the right route accounting software, you can track those seasonal changes and keep up with supply and demand. 

Work With Patterns in Your Data 

Next, forecasting can help you make the most of your inventory data. Forecasting software has to analyze patterns to make predictions for your future orders. You can use those predictions and analyses to spot patterns with your orders. In the business world, data patterns can result in valuable insights. 

Route Accounting Software 

Need better route accounting software for your forecasting needs? eoStar is here to help. From palletization to sales and delivery, we’ve got what it takes to take your distribution to the next level. Take a look at what we have to offer here at eoStar today.