Improve demand and supply matching.

With the right insights, you can review your products’ pricing models and look at improving your inventory forecast to plan how often you should replenish your stocks.

Get Insights

Analyse your products sales to cost and inventory turnover, and find out more on:

  • Which product category generates the highest profit
  • How fast a product is sold
  • What is the inventory turnover pattern along the year

Create an Actionable Plan

Start making better decisions to help lower inventory costs by collecting and transforming raw data into insights and start making strategic decisions and form concrete plans that is specific to your business needs:

  • Learn how to identify data collection points and data types
  • Prepare data with templates
  • Resolve common problems
  • Generate and understand useful insights to create actionable plans
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Start your data journey

Download the BI tool to start creating your own actionable plan to lower inventory costs. 

Note: This tool may contain personal data. Do protect it by saving it in a device that has strong passwords set and limit access to the device. 

Download here

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Need help?

Use this Interactive Guide to help you get started.

Click here to access

List of Compatible Solution Providers

Businesses using point-of-sale (POS), human resource management (HRMS), enterprise resource planning (ERP) or e-commerce systems from IMDA's SMEs Go Digital solution providers will be able to find their data already mapped to the requirements of the BI tool. 

Get insights with the BI tool easily with the list of solution providers below:

 
S/N Category Company
1 ERP Illum (9) Pte. Ltd.
2 POS Coobiz IT Solutions Pte. Ltd.
3 POS EPOS Pte. Ltd.
4 POS Suntoyo Technology Pte. Ltd.

Learn More

The PDPC has a suite of tools and resources to help businesses interested in harnessing the value of data unlock opportunities and future innovation, while upkeeping and strengthening customers’ trust through accountability. Find out more below.

The Need for Accountability

Resources on accountability to help organisations strengthen trust with the public, enhance business competitiveness and provide greater assurance to customers in the digital economy.
Data Protection Trustmark Certification
The Data Protection Trustmark (DPTM) is a voluntary enterprise-wide certification for organisations to demonstrate accountable data protection practices. The DPTM will help businesses increase their competitive advantage and build trust with their customers and stakeholders.

Data Protection Practices for ICT Systems

Resources on good data protection practices to strengthen organisations’ data protection measures and controls for a robust and resilient ICT system.
Trusted Data Sharing Framework  To help companies overcome challenges in addressing trust between data providers and develop “trusted data”.  The framework helps companies by establishing a baseline “common data sharing language” and systematic approach to understanding the broad considerations for establishing trusted data sharing partnerships.
Data Regulatory Sandbox (Data Collaboratives Programme)
For businesses and their data partners to explore and pilot innovative use of data in a safe “environment”, in consultation with IMDA and PDPC. The Sandbox reduces uncertainty in compliance to current and planned policies, and limits the exposure of companies and consumers.
Model Contractual Clauses on Cross Border Data Flows
Template contractual terms and conditions that may be included in the binding legal agreements between businesses transferring personal data to each other across borders. This helps reduce the negotiation and compliance cost and time especially for SMEs while ensuring personal data protection when data is transferred across borders.
APEC Cross Border Privacy Rules Certification
Developed to build consumer, business and regulator trust in cross border flows of personal data and helps to bridge differing national privacy laws within the APEC region, reducing barriers to the flow of information for global trade.
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Next: Grow Product Sales

Increase your revenue by boosting sales.

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Last updated on: 14 Sep 2021