The Biz Box

The Biz Box is a platform from which industry and business experts can share thoughts and opinions on how best to be successful in today’s marketspace.

Analytics – know what the customer wants before they do

Written by Justus van Hoegee on . Posted in Business

It’s now all about customer intimacy – getting as close to the customer as you possibly can. Sadly, that sounds easier than it actually is. The majority of relationships between customers and suppliers tend to stick at the transactional level of the product or service. This doesn’t really support the creation of additional customer value, and makes it all too easy for the customer to swap supplier A with supplier B. If businesses want to avoid this issue, how can they actually create that genuinely valued relationship?

7 focus areas for successful supply chain integration

Written by Tonnis de Boer on . Posted in Wholesale

Why area manufacturers steadily buying more of their raw materials and components in from European suppliers? Research indicates that sustainable competitive advantage is being increasingly dictated not by the lowest purchasing price, but in the degree of efficient co-operation in the supply chain. Outsourcing to low wage distant destinations is truly 'out'.

HR Analytics – time to take advantage

Written by Justus van Hoegee on . Posted in Services

Managers have a growing need for detailed information when it comes to making the right decisions. In HR circles, this involves strategic personnel planning, talent management and employee satisfaction – the expectation growing that data analysis can and should underpin the choices that are made. Here we look at the role of dedicated HR analytics tooling, and what it’s application can offer the business as a whole.

Creative with cashflow: 5 Tips

Written by Michiel Beek on . Posted in Financials

As controller, you’re continually shuffling and juggling a range of financial streams, trying to bring balance to the inflow and outflow of cash within the organization. Not easy. With that in mind, here are five attention points for any business looking to manage their cash more effectively.

Is your business advisor about to be replaced by a robot?

Written by Michiel Bos on . Posted in Financials

We see it regularly in the news: the ‘robotizing’ of our work. The jobs of millions are going to disappear, their tasks completed by machines. Even the more educated among us are running the risk of being replaced by ASIMO (a project developed by Honda) and his colleagues. The developments are responsible for all kinds of opinions and discussions, it certainly being an interesting stimulus to have a good look at your own business…

3 Reasons why stock is a sign of weakness

Written by Tonnis de Boer on . Posted in Manufacturing

Now that’s it’s going somewhat better with the economy, lots of wholesale and manufacturing businesses are once again building up their stock levels. However, is this really a smart way to make the most of the new growth possibilities that are emerging?In these times of increasingly rapid change in market demand (and legislation), having stock piled up in the warehouse often seems to have negative consequences – usually relating to one (or both) of the following two issues: