ProfitGPS™

Sell and serve every customer efficiently.

With many industries becoming more competitive than ever, and margins tightening as a result, it’s critical to run your business efficiently with clear visibility into your bottom-line profitability.

ProfitGPS™ breaks true operating costs down to the transactional level, allowing you to build up a variety of views into profitability trends across your organization. 

This unique level of visibility helps you optimize cost-to-serve and make smarter business decisions that can deliver sizable impacts to your bottom line.

 

 

Distributors have significant profitability variance across each of their:

Customers

Specific cost-to-serve factors create profit inconsistency. in individual customers and customer groups.

Products

Profitability on a per-product or product line basis goes far beyond gross margin.

Vendors

Varying sourcing practices and processes result in inconsistent margins based on vendor.

Branches

Operating costs per warehouse or branch can significantly alter net profitability on a sale.

ProfitGPS™ gives you actionable recommendations to improve each of these critical profitability factors.

How? SPARXiQ collects and analyzes your transaction history, inventory, drop-ship, rebates, and G&L data and recommends profit-improving opportunities through ProfitGPS™ platform. 

SPARXiQ’s study of distributor data has shown that companies commonly lose money on a significant percentage of their invoice line items due to variable cost factors. ProfitGPS™ accurately allocates cost-to-serve factors down to the line-item level to provide insights into what is increasing, or draining, your bottom line profit.

Customer Profitability

Gain insight into which customers are contributing to your profits, and which aren’t. Beyond historical visibility, ProfitGPS™ lets you model the impact of shifting volumes, margins, order sizes, and activity costs. With the right information, you can seize opportunities and correct deficiencies on a per-customer, per-territory, or per-branch basis.

Product Profitability

Identify your most profitable products in order to inform product focus and promotion. On the other end of the spectrum, identify your least profitable products and build a plan for reducing their negative impact. 

WIth ProfitGPS™ you can:

  • Measure profit in every sale, account, product, and territory
  • Focus resources and priorities into areas where most money is made
  • Identify and address profit leaks
  • Measure and improve operational efficiency
  • Segment customers by profit value to drive pricing and customer service priorities

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Focus on Selling Profitably

Build your playbook for profitable growth. Contact us today to learn more.