Trackmax Insight for Manufacturers |
Turn Your Data Into Performance Driven Strategies with Trackmax Insight Business Intelligence Software.
Foodservice manufacturers using the Trackmax Insight Business Intelligence (Insight) software report that Insight provides a comprehensive ‘profitability’ picture that helps them focus their trade spend investment dollars on profitable customers, products and product categories, improving the company's net margin contribution.
Effective trade spend management, given its general position as the second largest item on manufacturer P&Ls, is critical to achieving fiscal goals. TrackMax Insight helps you determine if a given promotional event did or did not generate a ROI for the trade spend investment.
Insight instantaneously delivers full visibility of a customer's entire trade spend investment, by program category, including contract pricing and or rebates paid to foodservice operators, referred to as "Deal Stack."
By analyzing a customer's "Deal Stack," manufacturers can easily and quickly see if a "double dip" situation exists, and if so, determine if it is a planned event or not. (A "double dip” situation is where a trade spend investment is paid, but was not intended to be so e.g., paying a foodservice distributor local and or group/corporate purchase rebate on contract price deviated business where you did not intend to do so).
Critical Insight user benefits include:
Monitors & Measures All Critical Metrics: Insight delivers high visibility into trade spend investment, including net margin contribution, optimizing overall business decision making, productivity & profit performance.
‘One Click’ Speed, Easy-To-Understand Reports: Insight delivers easy to read sales invoices, line-item detail reports, including sales, profitability, and trade spend investment trend reports, as well as year over year results, for specific time frames, and results vs. budget for both trade spend investment by product category,
and sales.
Customer Level Void Matrix Targeting: Insight quickly identifies gaps in customer product mix and is designed to achieve optimal product mix on existing accounts and best new opportunities, helping to improve margin and net profit contribution by focusing trade spend on profitable customers, product categories and
specific products.
Fast Implementation, Quick Results: Insight delivers easy access to detailed information—fast! It filters specific data points for quick results on only the information you want to review. It is a fully integrated web-based application with minor IT resource involvement necessary for installation and on-going support.
With the complete profitability picture that Insight™ provides, users are able to:
- Easily assemble comprehensive customer information—without IT involvement.
- Measure performance vs. any key performance indicators—easily.
- Know which customers don’t buy your most profitable items—precise void matrix.
- Know which customers or products provide the least net profit—line item detail.
- Make better informed resource allocation decisions—easily accessed analytics.
- Never again be caught blindsided—answers are at your command.
Insight Delivers Greater Value
Trackmax Insight delivers greater value over other BI solutions—more data and better functionality at a lower cost.
- Exclusive Insight features include: Daily updates
- Invoice line item detail
- Administrative control over data
- Security access Customer
- score carding
- Simple to use void matrix Unlimited database capacity.
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