Redwood City, CA (PRWEB) July 06, 2012
Taurus Software and F. Curtis Barry & Company today announced the release of version 3.0 of Manage Metrix, their enterprise-wide business intelligence solution. This release delivers new functionality further empowering multi-channel businesses to achieve better control and efficiencies within areas such as marketing, merchandising and Inventory.
A successful company needs to focus on key areas that impact the bottom line. It is not just a matter of obtaining the information, it is also important to understand the results and how key performance indicators in one area of the business impact the whole. Manage Metrix combines Taurus data technology with FCBCOs guidance and experience to help me see one version of the truth. This allows our business to quickly and easily identify areas of opportunity said Joe Falcone, Vice President of Operations at Taylor Gifts.
Highlights of this new version 3.0 release include:
Backorder Trends: Out of stock situations cause more than customer disappointment. Per Curt Barry, President of F. Curtis Barry & Company, the average cost to a company is $ 8.00 to $ 12.00 per back ordered unit. This version of Manage Metrix more accurately captures historical back order situations to show the cost and identify situations, products and vendors that need attention. This information is also crucial to developing a strategy to reduce backorders.
Vendor Scorecard: This new feature ranks a selected group of vendors to easily reveal summary and detailed performance in the areas of on-time delivery, ability to fulfill inventory promises, returns due to vendor issues and compliance situations.
Enhanced Analytics to support optimized Inventory: More flexible selection criteria available to help companies fulfill customer expectations without incurring excessive inventory carrying costs while maintaining an optimal inventory level in what is usually a companys largest item on the balance sheet.
Improved visibility into merchandise profitability and performance: More details help identify common attributes of successful products. Going beyond simple gross margin, merchandise profitability gets to a net contribution level that also considers costs such marketing and fulfillment costs by sales channel, category and SKU.
Cailean Sherman, president of Taurus Software said, As more of our customers embrace Manage Metrix, we are excited about the revelations and reported results. The experiences and feedback from of our clients are key drivers to how Manage Metrix will evolve in future versions.
Before our clients can accept change, they needed to first understand where they are said Curt Barry.. With Manage Metrix, we are able to easily present the facts – good or bad – and then help companies implement practices that can help improve efficiency and profitability.
About Taurus Software
At Taurus Software, making liquid data means helping companies access their data easily. Taurus products include a variety of applications developed to help clients get more from their data by allowing them to Move, Map, Measure, and Manage data regardless of where it resides. Learn more about Taurus Software and our offerings designed for various data platforms and applications. Call 650-482-2011 ext. 1, or visit http://www.taurus.com.
About F. Curtis Barry & Co.
F. Curtis Barry & Company is a consultancy specializing in multichannel operations and fulfillment for catalog, e-commerce, and retail businesses. F. Curtis Barry & Company offer clients expertise in direct commerce systems (order management, warehouse management, and inventory management systems); warehousing and distribution; call center; inventory management and forecasting; and strategic, financial, and operational planning for all business channels. To learn more about F. Curtis Barry & Company, visit our web site at http://www.fcbco.com.
For More Information:
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Phone: 650-482-2022, ext. 150