Business Analytics gathers information to make evaluations of the company's performance, sales, the efficiency of sales reps, as well as to understand the current reality in which the company finds itself. Thus, each of the reports must be considered as a required tool for the decision-making process.
Being objective and including the most relevant information of the company, is also something that must be prioritized to make the document shorter, going directly to the point avoiding dispersion that flees from the main objective.
Basic day-to-day operations are the backbone of the distribution industry. If your fundamentals are suffering, your company will have a hard time retaining its market share in a highly competitive industry. This section will cover 30 operational distribution performance metrics that will help your business maintain its competitive advantage:
This report is designed for the sales managers to help them prioritize the business activities of the company. Its objective is to evaluate the performance of the sales department during the year, as well as the sales strategies and the work of the sales reps, to identify failures and opportunities for improvement in the processes and define if the strategies implemented so far have been adequate or improvements are needed to achieve future goals in the market.
A sales supervisor requires knowing how many sales their team is sending out daily. This way you can monitor its performance and identify any root inefficiencies. You can also take steps to keep your salespeople at a good level of productivity. Your daily report is not about the metrics, it depends on the results. This is the number of activities carried out with your prospects in the last 24 hours. This ensures that your team is performing the daily activities necessary to be successful.
If you want to know who your best customers have been historically, you can do the sales by customer report which is aimed at all sales directors which will provide a list of all your customers in order. In addition, the graph view provides a visual representation of sales per customer within a specified period (the default time frame can be a specific year or moth)
Pareto's analysis (80/20) allows you to know where 80% of your income is concentrated. This is a report that is directed to the Manager in charge of supplying the supply chain, as it helps him to prioritize the efforts and resources of the company to obtain more income.
Through the Top 10 of products and clients, we can find out which are the products and clients that bring us the highest turnover and their representation in the total sales. This report is aimed at sales directors who will help them know which is the leading product and the ones that drive sales within the company. Since we can sell many products, it does not compensate for the metric, but with a single product (leading product) it generates a large margin within the sale and is quite significant.
With this report, the sales director will be able to know the percentage that any given product category has, and in this way have a better knowledge of which product is generating more sales.
The Pareto Law or 80/20 rule establishes that 80% of the consequences are motivated by 20% of the causes. That is why the report is directed to the Manager in charge of supplying the supply chain, since it helps him prioritize the efforts and resources of the company to obtain more income. Undoubtedly, it is necessary to maximize the care of the inventory levels of the products that represent the best results for the company. In this way, having information available facilitates decision-making on how to maximize the allocation of human and economic capital.
This report is aimed at the manager to obtain a detailed view of how each salesperson has contributed, allowing easy analysis of the sales transactions carried out by each member of the team during a specified period.
Sales monitoring must be different depending on the type of client, therefore classifying clients by their potential is an effective way that can channel the efforts and resources that we have in the commercial area and will be able to obtain control of sales more efficiently and adaptable to the particular circumstances of different types of clients.
This report is aimed at the sales supervisor who can keep track of the variations of each of their sales representatives to be able to carry out recognitions, incentives or to identify the sales reps that are not achieving their goals.
The sale by Sales Zone (State and City) allows Management to recognize which geographic area is representing the highest turnover to the business, and in turn, allows him to know the percentage of participation of each sales zone.
With this type of report, you can see the coverage of each seller. Not only that, but you can also see the total of each one of them, their progression if they have reached the objectives set, as well as seeing in a very visual way the trajectory of each one in front of the rest.
By knowing the number of visits per rep, the manager can track the average number of visits that each of his sales reps is making on a daily and monthly basis, and will allow him to carry out route reviews, evaluate trips, among others; and thus be able to apply possible adjustments to them.
The management of the client's report allows the manager to know the balances of his loan portfolio in accordance with the established payment maturities. That is why it is important to place policies, measures, or payment percentages for clients.
Through this report, the director will visualize the contribution of the profits generated by the groups of clients already established in our segmentation, as well as the variation of the accumulated profits from one year to the next.
This report is designed for management to go through customer segmentation. With this report, sales managers will be able to evaluate the terms of the term policy for their clients differently based on their sales volumes or other characteristics.
This report can help you distinguish the balances due from those not due for each of the clients, and we can know the age of the former and thus have a clear idea of the weight of the latter within the total risk with each client.
This report is intended for the business owner, in order to measure the overall sales performance of the company. Evaluate profitability and annual earnings changes for a year, or warn of a decline in potential problems.
This report shows us what has been the performance of the profit margin of the products with the highest turnover within the inventory. It gives visibility to the owner or financial manager of what is the behavior of the margins of their products to make key operational decisions such as: decrease the profit margin to sell more units during the time of the greatest demand for a particular product.
The product profitability report is aimed at the owner and sales directors of the company, it shows you, how many units were sold, the average cost and what was the profit generated both in value and percentage.
This report is intended for sales managers and helps you track active customers, revenue, and cost of sales by customer segment. This report gives you a summary of the metrics and charts to provide a visual assessment of costs versus profits and losses.
This report allows you to analyze profitability by customer segmentation according to the level of consumption of each one.
This report is of great importance to classify the performance of your customers and products. Since it helps to visualize which are my profitable clients within the company and also which are the top products that are in constant motion.
With the margins by Product Category report, you can analyze transactions by category you select. With this, the sales director will have access to Product, Quantity, and Value information.
This is a report which allows you to verify the profit obtained from the effect of sales on profitability and the percentage of the profit of each of the products sold according to the zones.
This report allows the manager to verify the profit obtained through the sales that correspond to each of his sales representatives.
This report is aimed at the manager, and allows him to compare what is the profit margin with the product prices suggested to the client to determine if a price adjustment is necessary in his products.
This report is directed to the sales director and shows the profit margin of the product cost with the sale price.
These are the reports that will benefit you in making informed decisions to increase your sales and operations of your distribution business. Schedule a free demo to see how Listaso’s New Business Analytics Module can transform your business:
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