Companies like Spring Air, that act promptly to clearly understand and track their costs and business drivers, gain a huge advantage in today's difficult economy
Radnor, PA (PRWEB) January 15, 2009
The Spring Air Company, one of the nation's largest mattress manufacturers, reports full return on investment in less than a month using QlikView analysis to guide management decisions. The company acquired over $10 million in new business and reduced its estimated annual costs for business intelligence and management reporting by more than $1 million in its first two months of leveraging the power of QlikView across the enterprise. Spring Air tapped QlikView analysis to provide senior management with real time data to improve business decisions across its nine manufacturing facilities and departments, ranging from Finance to Sales & Marketing and Product Quality.
After a series of mergers and acquisitions in 2007, Spring Air operated with up to nine different software platforms. While standardizing the process of implementing its new ERP solution, the company needed easier access to data. In September 2008, Spring Air enlisted the help of SyncSite, a Birmingham, AL-based provider of Customer Relationship Management (CRM) and Business Intelligence (BI) solutions. SyncSite recommended QlikView, QlikTech's award-winning business analysis solution, which was implemented in less than two weeks.
"Because of the complication of having multiple technology platforms, it was at times arcane to quickly get critical data to make efficient business decisions," said acting CEO Steve Cumbow. "QlikView enabled each user to create a personalized dashboard with the real-time data they needed to better run their businesses. It is the best product that I have seen for quickly and easily understanding business drivers and performance metrics.
SyncSite provided implementation support, and their talented and professional staff anticipated our needs at every turn. With SyncSite's help, our full return on investment in QlikView took less than a month. From a company performance perspective, the payback will continue to grow exponentially," continued Cumbow.
QlikView is being used across the enterprise to improve decision making in several business areas:
Sales Performance -- Pulling data from multiple sources, QlikView sales dashboards track KPIs, such as gross sales, product mix, margins and actual versus forecasted performance (down to the SKU level) for any time period. This visibility enables Spring Air to work with each customer to maximize success.
Financial Reporting -- Risks are better managed with an enterprise view of P&L, customer AR aging, operational costs and financial exposures. Spring Air can now compare and contrast its material and labor costs, quality metrics, delivery expenses and more across facilities in seconds to detect and promptly correct cost leakages.
Product Quality -- Product returns are monitored by SKU and customer to continually improve product quality and ensure plant-to-plant manufacturing consistency.
QlikView moves business intelligence from IT to business users, giving people the information they need when they need it to make optimal decisions. Before QlikView, Spring Air needed extra personnel and on-site consultants to collect data and create management reports. Now, company managers do the job themselves by connecting data that they want to see from multiple sources and systems with a few mouse clicks. Analysis is more detailed, flexible and faster, taking minutes versus days and weeks. This not only enables people to be more effective, but also represents significant productivity gains.
"Companies like Spring Air, that act promptly to clearly understand and track their costs and business drivers, gain a huge advantage in today's difficult economy," said Bob Langer, president of QlikTech Americas. "While competitors wait for informational insights from their traditional BI systems or can no longer afford them, companies using QlikView can move proactively to optimize performance, capture opportunities and increase market share on, literally, a daily basis."
About Spring Air Company
Founded in 1926, The Spring Air Company is one of the world's largest mattress manufacturing companies with more than 650 employees in nine company owned locations in the United States, and three domestic and 20 international licensee facilities with approximately 1,220 employees. Its well-known consumer brands include: Back Supporter Classic, Back Supporter Four Seasons, Nature's Rest and Chattam & Wells.
SyncSite is a premier provider of Customer Relationship Management (CRM) and Business Intelligence (BI) solutions. Their products and services allow companies to target opportunities that drive business, improve efficiencies, and positively impact the bottom line. Headquartered in Birmingham, Alabama with regional offices in Georgia and Florida, SyncSite serves clients across the United States and Canada. To learn more, visit http://www.syncsite.net or call (866) 456-7962.
QlikTech's flagship product, QlikView, simplifies analysis for everyone. QlikView works the way your mind works - making associations by connecting data from many sources in a few clicks. This patented in-memory association technology brings fast results and better decision making to a wide range of customers and industries. QlikView is intuitive to learn, simple to modify and can be deployed in less than a week.
Named the world's fastest-growing Business Intelligence software vendor by IDC, QlikTech has more than 10,600 customers in 92 countries and more than 500 partners worldwide. QlikTech was founded in Lund, Sweden and is headquartered in Radnor, PA (USA) with direct operations throughout Europe and the Americas. QlikTech offers a fully functional, free trial of QlikView and a 30-day money-back guarantee. For more information, please visit http://www.qlikview.com or subscribe to the QlikView XML RSS Feed.
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