Harnessing the Power of AI in Building Supply

Artificial Intelligence (AI) is transforming the building supply industry. By taking the time to explore this guide, you’re already positioning yourself to move ahead of the knowledge curve.

While 85% of executives intend to increase their investment in AI, the path to AI adoption isn’t always clear. Recent studies show that 40% of companies are still in the AI exploration phase, held back by a lack of clear guidance and strategic planning.

This guide aims to bridge that gap in four actionable stages:

  • Developing a clear vision for AI adoption
  • Creating your AI game plan
  • Rolling out effective AI strategies
  • Using AI safely in the short- and long-term

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Don’t Trust Your Gut: Become a Data-Driven Distributor

This whitepaper explores the transformative impact of data-driven strategies in distribution businesses. It outlines seven major challenges distributors face, including the assignment of data management responsibilities and the integration of technology, and offers practical solutions to overcome these barriers. The emphasis is on the necessity of advanced analytics and cultivating a supportive data-driven culture to enhance operational efficiency and strategic decision-making.

For professionals interested in leveraging data to enhance distribution processes and achieve competitive advantages, the full whitepaper provides detailed guidance and actionable insights. Readers are encouraged to download the document to explore comprehensive strategies for adopting data-driven practices in their operations.

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Solve Your Revenue Recognition Woes with Tensoft Revenue Lens

Anyone who's tried to track and manage their complex revenue processes in their ERP or accounting and financial systems knows that there are some "limitations." That's what spreadsheets are for, right?

There's a better way! Tensoft's revenue management solution, Revenue Lens, is built around an extremely adaptable, customizable, and flexible revenue engine. It automates the complex revenue recognition process, streamlines the revenue deferral processes and replaces spreadsheets. View a short product overview of Tensoft Revenue Lens!

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OrthoFi Manages Complex Revenue Recognition with Tensoft

OrthoFi, a tech-enabled service for orthodontic practices based in Denver, Colorado, needed a trusted solution to manage their complex revenue recognition system. After evaluating both internal and external options, they decided to implement Tensoft Revenue Lens.

Anne Richard, the Controller at OrthoFi, joined us for a video interview to share their experience with this robust revenue recognition solution. Learn how Tensoft Revenue Lens helped meet their growing needs and turn their painful audits into problem free audits.

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Shifting Currents in A Post-Election World

The results of the 2024 US election will reshape global M&A for years to come. Some of the shifts will be expected, and some will not.

Explore an early look at deal flow for the new US administration, and review market headwinds for the upcoming months and years ahead. Learn more in the full report.

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Ten Must-Have Features of a Distribution ERP

Go Beyond Baseline Features to Differentiate Your Business

If you’re evaluating multiple ERPs, you’ll want to read this guide to develop your must-have requirements and selection criteria. What do you need now? What will you need for the future? Develop a roadmap for your company and find out how to choose the right vendor to achieve your growth objectives. Get started now: learn the top ten must-have ERP capabilities and determine the right solution for your company.

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When You Hear AI, Do You Sigh?

You know it’s a big deal – it could improve efficiency, productivity, cybersecurity and decision-making. But if you’re like many distributors, you haven’t jumped in. In this white paper, “Accelerating AI Adoption: A Practical Guide for Distributors”, you’ll learn why others aren’t adopting AI yet, the 4 common myths about AI in Distribution, real-life use cases, and steps to take to embrace AI.

Bonus: Includes an “AI Implementation Roadmap Checklist” and a worksheet to help you plan your first AI initiative.

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Ten Must-Have Features of a Distribution ERP

Go Beyond Baseline Features to Differentiate Your Business

If you’re evaluating multiple ERPs, you’ll want to read this guide to develop your must-have requirements and selection criteria. What do you need now? What will you need for the future? Develop a roadmap for your company and find out how to choose the right vendor to achieve your growth objectives. Get started now: learn the top ten must-have ERP capabilities and determine the right solution for your company.

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When You Hear AI, Do You Sigh?

You know it’s a big deal – it could improve efficiency, productivity, cybersecurity and decision-making. But if you’re like many distributors, you haven’t jumped in. In this white paper, “Accelerating AI Adoption: A Practical Guide for Distributors”, you’ll learn why others aren’t adopting AI yet, the 4 common myths about AI in Distribution, real-life use cases, and steps to take to embrace AI.

Bonus: Includes an “AI Implementation Roadmap Checklist” and a worksheet to help you plan your first AI initiative.

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Inventory Problems Can Cost You Money – LOTS

Can you locate your inventory when you need it? Many distributors tell us they can’t, at least easily. From overstocking to inadequate tracking methods, problems with inventory can wreak havoc on your ability to deliver a stellar experience for customers as well as the company’s bottom line. In this white paper, you’ll discover the impact of poor inventory management on your business, what you can do to improve processes, and how the right technology can assist you in overcoming these challenges.

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New Study Shows AI-Driven Forecasting Reduced Excess Inventory by 20%

A recent study by Modern Distribution Management showed that AI is playing a pivotal role in the data management practices of distributors, enabling them to navigate the complexities of data with precision and agility.

Today, many distributors are adopting a data-first approach, layering in AI for added wins like reducing excess inventory by 20% and increasing sales by 15%. Are there challenges to becoming a data-driven distributor? You bet. Find out what your peers experienced and gain from their insights.

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Making Decisions Without Data? Don’t!

You probably have plenty of data. But can you access it, in the right format, at the right time?

Many distributors can’t – which means they’re losing the “insight advantage” that data-infused companies have. To become a “data-driven distributor” capable of using data into a powerful growth engine for your company, this actionable guide is the place to start. It outlines seven key challenges preventing companies from effectively collecting, organizing, analyzing, and acting on data, and share practical advice on how to overcome these roadblocks.

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NOW. It’s Time to Start Your Cloud Journey. Find Out Why.

If you’re running your ERP on-premise, you likely worry about having the right resources to upgrade hardware, enable sufficient network capacity, run the latest versions or withstand malware attacks. Cloud ERP takes care of these issues because it is easily scalable, operates at the highest level of performance, is secure, and enables easy connectivity.

Discover 10 reasons you should be beginning, or accelerating, your journey to the cloud.

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6 Digital Technologies Transforming Distribution

It’s no news to you. Things in the distribution world are moving fast and keeps getting faster. How do you stay current and ready for what comes your way? One answer is to have the right technology in place that will allow your business to stay competitive. There are six key technologies that will be essential to digitally transforming your business to meet future challenges – without the need for a major overhaul.

Discover which technologies will best help you unlock new opportunities, what to consider when choosing each solution, and how to track and measure the performance of each.

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Inventory Problems Can Cost You Money – LOTS

Can you locate your inventory when you need it? Many distributors tell us they can’t, at least easily. From overstocking to inadequate tracking methods, problems with inventory can wreak havoc on your ability to deliver a stellar experience for customers as well as the company’s bottom line. In this white paper, you’ll discover the impact of poor inventory management on your business, what you can do to improve processes, and how the right technology can assist you in overcoming these challenges.

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