We are thrilled to share the incredible experience Intuilize had at the Applied AI for Distributors event held in June 2024 in Chicago. Organized by Distribution Strategy Group, this event brought together the brightest minds and leading innovators in the distribution industry. We were honored to present our AI-powered price and inventory optimization solutions to…
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Creating exceptional customer experiences is more crucial than ever for distributors. For Earnest Machine, this mission is at the heart of their operations. As they continuously strive to enhance their service, they recognized the need for a tool that could help them optimize their processes and drive growth. Enter Intuilize. Enhancing Customer Experience with Analytics…
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CFOs are no longer just financial overseers—they’re strategic leaders driving innovation in pricing and inventory management. Businesses that thrive amid rising costs and economic uncertainty have one thing in common: a CFO who embraces adaptability, data-driven decision-making, and emerging technologies. Reimagining Pricing and Inventory Processes Inflation is straining wholesale distributors, and high costs are making…
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Economic downturns bring uncertainty and stress to businesses of all sizes. However, with strategic planning and proactive management, businesses can not only survive but also emerge stronger. Here are key areas to evaluate and actionable tips to guide your business through tough times! 1. Evaluate Your Cash Runway Understanding your financial position is crucial. Having…
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The supply chain is the lifeblood of your business, spanning from product creation to delivery to the end user. To stay competitive and resilient, it's essential to implement robust strategies that enhance your supply chain operations. Here are five innovative strategies to help you optimize inventory management and boost your ROI. 5 Innovative Strategies 1…
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As a distributor, staying ahead of market trends and making data-driven decisions are crucial for maximizing your ROI. One effective tool that aids distributors in achieving this is rate-of-change analysis. This post dives into leveraging rate-of-change data to optimize prices and streamline inventories, ultimately enhancing your bottomline. Understanding Rate of Change Metrics We illustrate the…
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In an HVACR Trends article earlier this year, the challenges facing HVAC distributors in today’s market underscored the crucial role that pricing plays in driving profitability. As part of this conversation, our own CEO Nelson Valderrama contributes his insights on why distributors need to rethink their legacy pricing strategies in order to adapt to the…
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The shift to online platforms has transformed industrial supply, offering the potential for higher margins and a limitless market reach. However, you need to adopt the right strategies to beat your competition. Here are five key trends to help you maximize ROI and stay competitive. 6 Tactics For Industrial Supply Growth 1. Leverage Vendor-Managed Inventory…
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Maintaining a perfect balance between customer service, inventory management, and pricing optimization is no small feat. Distributors face constant challenges in tracking shipments, managing data, and ensuring accuracy without any room for errors. The complexity of these tasks often leaves little time for the critical data analytics that drive business growth. However, as Gary Cravens,…
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