Service(s) Provided:
Enterprise Application Advisory
Situation:
A growing industrial manufacturer and distributor sought to enhance management of their existing locations and explore expansion opportunities. In 2022, they implemented a new ERP system, which initially presented challenges but ultimately proved successful in handling daily transactions. However, the system lacked the robust visibility needed by the leadership team to fully optimize and scale the business. With built-in reporting tools that fell short of expectations, they recognized the need for a more effective solution to oversee and manage their operations.
Approach:
They looked for a data and information provider who could understand their business and deliver a solution within their budget. They chose Vector Advisory because a business consultant recommended them. Vector Advisory quickly gained the client’s trust and started a 45-day project to set up the data foundation and management reporting that the ERP system lacked.
Results:
In just two weeks, Vector Advisory created a management reporting prototype. The client worked with them to tweak the design and functionality until it met their needs. The team also automated the data connections to the ERP system and restructured the data for better reporting.
Within 45 days, the client started using the new reports to guide their sales strategy. The leadership team was pleased with the tool’s accuracy and how quickly they could use it to analyze performance and make decisions contributing to margin expansion.