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 Intuilize team is looking forward to the NetPlus 2024 Annual Meeting later this month! This is the event for industrial distributors seeking powerful tools to enhance operations, streamline processes, and future-proof businesses in a competitive marketplace. 🚨 Mark Your Calendar: 📅 Date: October 26-29, 2024 🏙️ Location: JW Marriott in San Antonio, TX. Table…
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The marketplace is abuzz with concerns about price volatility and the rapid pace of changes. For distributors, staying ahead of the curve is paramount. Imagine you're running a $125 million distribution business with pricing loaded in your ERP system, competing against another business with 40 years of market experience. How do you gain the upper…
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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 engineers and manufacturers in the industrial distribution sector, the question often arises: “What role does Demand Planning play in our success?” While we can delve into technical metrics and analytics, a simple story captures the essence of its importance. The Camping Story Two lifelong friends are camping in the woods when a bear appears…
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We are happy to announce Intuilize will be attending the HARDI Focus Conference! The conference offers HVACR wholesale distribution leaders a chance to grow their businesses and tackle industry challenges through specialized sessions and networking opportunities developed by HARDI Councils. Details are: 📅 Date: September 10-12, 2024, 🏙️ Venue: Renaissance Dallas Hotel. As an AI-powered…
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We're excited to announce that Intuilize will attend and sponsor the MDM SHIFT 2024 | The Future of Distribution conference. If you’re looking to sharpen your competitive edge in the distribution industry, this is the event you don’t want to miss! 📅 Date: September 11-13, 2024, 🏙️ Venue: Booth 8 | Hyatt Regency Denver at…
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In the dynamic distribution world, staying ahead of market trends and making data-driven decisions are crucial for maximizing your return on investment. One effective tool that aids distributors in achieving this is rate-of-change analysis. This article delves into leveraging rate-of-change data to optimize prices and streamline inventories, ultimately enhancing your ROI. Understanding Rate of Change…
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