Situation
PolySource is a resin distributor with a global supply network using the latest logistics and support technology, to support a growing product and customer base.
Challenge
- PolySource successfully implemented a large ERP with robust data capture and reporting options. Margins remained steady but working capital was increasing and cash cycles were lengthening. The ERP’s reporting solutions did not provide insight into the products/customers driving excess working capital needs.
- Sales reps were making decisions without a clear picture of products/customers truly driving value for the business due to out-of-the-box reporting limitations.
Action
- Connected to ERP data and ran through BUCS proprietary insights data abstraction layer.
- Calculated gross margin and working capital at a customer, item, and vendor level.
- Provided a ‘what-if tool to see the impact of purchasing and selling decisions on gross margin/working capital and economic value add.
Result
30+ Hourssaved each month by not having to manually consolidate disparate data. Created the ability to understand
the performance of newly acquired
companies prior to integrating them into FairWave’s systems
“Even with a robust ERP, we were unable to produce the necessary complex reporting to effectively analyze and strategically grow our business.”
Ryan Koenig
CFO
Systems Integrated
2 Housecall Instances