Companies gain capacitation using NeoGrid Collaboration Suite

NeoGrid Collaboration Suite capacitates companies and makes them more profitable, reducing costs and increasing sales revenue. These are the two main goals of companies which want to be or remain leaders in the market.

High operational costs and large investments in working capital are generally speaking the two "pains" of companies which, combined with the reduction of sales revenue, caused by increased competition and poor customer service, end up by decreasing their market share. On the other hand the mass production of unspecialized products reduces their sales price, which also leads to less sales revenue.

The main difficulties encountered by companies affect several departments. The costs of sales, purchasing, collection and/or payment and distribution attain up to 25% of the total value of the product. Investments in working capital also become high owing to delinquency, low inventory turnover, inadequate inventory mix, inventory obsolescence and investments in training. Besides this, there are the costs of integrating applications, obtaining and spreading information, which affect the area of Data processing, for example.

In order to be more profitable, the company needs to automatize many processes, which reduces costs such as storage and transport, increases inventory turnover, diminishes or eliminates controls with partners and speeds up business cycles. All of this results in increased sales revenue, a larger market share and improved service to customers, with the latter learning more about the products, services and commercial transactions.

Benefits:

• Control of business operations via interenterprise collaboration - the company and its partners increase the efficiency of their operations at a lower cost, automatizing and operating their business processes in real time
• More speed and continual improvement by automatizing the business processes
• Faster business cycles - transactions are done more rapidly, as well as introducing the concept of zero latency
• Faster modification and refinement of process models - business changes constantly and one needs to be agile to keep pace with it
• Higher customer satisfaction - the relationship between partners and customers becomes closer by automatizing processes and making information and knowledge available
• Lower cost of processes - data transcription and error replication are eliminated and there are fewer controls
• Larger market participation - processes for purchasing and sales become quicker and easier, allowing more scope without increasing costs
• Higher turnover and reduced obsolescence - redundant and safety inventory are eliminated and replacement is automatic
• Larger sales revenue - inventory shortage is reduced and there are more commercial transactions in the same period with the same resources
• Reduction of the costs of storage and transport - distribution is integrated or transport is a collaboration owing to shared loads
• Faster introduction of new products - information obtained form the business grid allows new products to be launched more quickly

 

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