by Cyndi Skweres, Electrical Distributors

So it's that time again!!! Have you signed up yet????

You know you should!

WHY???

Here are the top 5 reasons:

1. The Extended Classes that are being offered on Saturday and Sunday!  Yes, they're an additional fee, BUT you get a full 4 hr. class on many topics such as Advanced Purchasing, the new Purchasing enhancements coming in 8.7.9, ICE and Eclipse Reports.
2. This year the classes or breakout sessions on the agenda are far reaching ... they even have some great accounting classes this year and it always seems like accounting is left out at conferences.  So check it out if you're a bean-counter!
3. The Eclipse Users Group (UFO) will be having their breakout session on Tuesday April 29th at 8AM to update you on all that is happening with the Users Group.  Come learn how to get the MOST out of your membership dollars.  Mary and Suzanne will be available in the UFO booth to talk to you about the website and how to go about getting your enhancement ideas onto the IDEAS site.  Please stop by and talk with them and meet your UFO board members.  They will have some neat giveaways and as always will have a couple of drawings for prizes; be sure to come by and enter.
4. Networking!  One of the biggest "takeaways" you will get at Insights is the people you meet. Whether it be one of your peers who may be dealing with some of the same issues you are, or you're looking at adding companion product or need help with one.  Heck, you may even have the opportunity to rub elbows with an Eclipse Product Manager.  In any case, we're talking face-to-face interaction with those in the know.  One thing is for sure, learning is at every corner!
5. At the Solutions Pavilion you actually get to see those new products you've been hearing about and speak to the third party vendors about how their products can add to your Eclipse solution.

Okay, there's actually one more reason...HEY it's Vegas!

Sign up today and make sure you bring LOTS of business cards!

Why Add the Thrive Technologies System to your Eclipse System?

 b Rick Morris, President 

Because Thrive's award winning system will add 5 points to your profit margin by increasing the sales and profits you are currently getting from your inventory investment. 

So exactly how does Thrive do this?

1.  90% FORECAST ACCURACY DRIVES MARGIN UP AT LEAST 5 POINTS

Every decision that you make in regards to your inventory is based on a forecast (or at least an educated guess) of how much you will sell in the future of each of your products.  Think about it.  If your current system estimates you will sell 5 units of one of your products next month when you really sell 20, you will probably lose some sales.  Vice versa, if your current system estimates 20 units next month and you sell 5, you will have more than you need.  If this keeps up, you may end up with dead stock that you can't get rid of.

Yet most distribution companies don't measure their forecast accuracy, and our experience has been that the forecast accuracy in Eclipse and other ERP systems is typically less than 50%.  No wonder companies constantly struggle with the double whammy of out of stocks and dead stock!

Thrive's patent pending forecast engine increases forecast accuracy to 90% or more, so you have the products your customers want to buy in stock, and not the ones that no one is buying.   

2.  PROACTIVE INVENTORY INTELLIGENCE

Thrive also leverages the latest in inventory replenishment science to guide your buyers to optimal inventory orders.  Since Thrive projects your 52 week inventory plan for each SKU at each warehouse every day, it can uniquely alert your buyers to potential issues before they occur. 

For senior managers, Thrive is a platform for strategic control of your inventory.  Thrive can simulate proposed changes to examine the impact before you put them into place.  For example, managers can easily modify inventory policies to change strategies (eg. increasing service levels on your most profitable items). Thrive also provides managers with a multitude of metrics and projections that shows how the company is doing against their inventory goals.  

Through improved forecast accuracy and proactive inventory intelligence, our customers have reduced lost sales by 70%, cut the buildup of dead stock, improved service levels by 5%, and increased turns by 20%.

Please email David Walker, dwalker@thrivetech.com for more information.

New!!

There is a new Month-End procedures document found on the Customer website, under Documentation > Solar folder. The file name is: GL_SolarEclipseMonthEndProcedures.pdf. 

Page down through all the documents under "G" and you will find it!!