Our Answers to Your Power BI Questions

Power BI If you have used Power BI, you have experienced the vibrant new avenue to streamlining data and finding opportunities to improve business daily. If you have not used Power BI to its fullest potential yet, or you are experiencing questions regarding the platform, MaxQ Technologies, Inc. specializes in finding solutions to your questions. We are here to provide support so your business can perform to its maximum capacity, so we have researched your Power BI questions to provide you with more insight into utilizing this product to its utmost ability. How do Power BI and Power BI…

7 Signs you should Upgrade your Distribution Software

With any business, growth is a natural part of the equation. As this growth occurs, it is important that you maintain your software systems and ensure that they are not ready for an upgrade. One of the most important software items that many businesses rely on daily is distribution software. This software manages everything from processing orders to purchasing and everything in between. Distribution software is an important part of the day-to-day process that many businesses go through. Keeping it up-to-date is something that is a concern for businesses of all sizes. If you are a company that relies on…

An Introduction to PowerBI

An Introduction to PowerBI   In his TechRepublic article, “Microsoft Power BI Brings Big Data to the Little Guys,” Tony Bradley neatly describes Power BI :   “Power BI enables users to search data within their own network, or access data from public sources. Users can query in plain English and easily convert the results into interactive charts or maps to put it into context that can help guide business decisions.”   Microsoft originally launched Power BI as part of Office 365 in July 2013.  In late July this year, it became generally available and by that time had gained 45,000 users in 185 countries.   The July updates included“new chart…

Why a Proactively Transparent Supply Chain is Smart Business Practice

While it’s true that governmental over-regulation stifles growth and often gives companies the feeling of being under siege, a proactive habit of transparency in the supply chain — initiated by the company, flowing out from within its culture — can be beneficial to both the consumer and the company’s bottom-line. MIT Supply Chain Researcher Analyzes Proactive Transparency Alexis Bateman, director of the Responsible Supply Chain Lab at the Center for Transportation & Logistics at the Massachusetts Institute of Technology, sees certain benefits to proactively embracing transparency in the supply chain instead of fighting it. As quoted in a recent September 2015 article…

The Worst Advice We’ve Ever Heard About Demand Planning

It is no secret that demand planning is a process that many businesses go through to remain successful. It allows for the creation of forecasts that will help the business manage their inventory levels. This is beneficial because the business can then use this information to align their inventory levels along with the fluctuation of demand that is placed on a particular product. Because it is so important, there are multiple strategies that businesses can rely on when it comes to demand planning. As with all other types of strategies, some are better than others. There are also those strategies out…

The Latest Supply Chain Planning Trends: A Round-Up of Recent Industry Changes

Supply Chain Planning   Depending on who you ask, the global economy has hit a bottom, and it’s on the way up or it has already peaked and it’s on the way down. No matter which view you have of the macro-picture, one thing is certain in the finer details of supply chain planning: although there’s a striking mix of the very good and the very bad, depending on the industry, everyone is being forced to adapt. As the actions of these adapting companies become clearer, noticeable trends are beginning to develop. A Trend Toward Urban: Fulfillment Centers Moving to the City Real…

Statistical Forecast for Better Demand Planning

Using a statistical forecast as a starting point often proves to be a solid start to a collaborative Demand Planning process. First, why do companies forecast? There are several benefits of more accurate forecasts;   Improve customer service levels. Increased sales. Reduced cost of carrying inventory. Improved cash flow projections. Production smoothing (level loading). Reduced employee costs. Increased return on investment. In basic terms, all manufacturing/distribution companies want to do the same thing. They wish to have the right stuff in the right place, at the right time. So then is it better to use a statistical forecast or one made by…