Brief Summary
Balkan Services implemented thebusinessPace BI solution at Bultex 99 with the aim of automating the analysis and reporting of sales, inventory levels, and goods movement. The system consolidates and visualises data from various sources in real time, providing management with clear and centralised information on key business metrics. As a result, the analysis process has been significantly accelerated, improving coordination among teams and enabling faster, more informed decision-making.
About the Company
Bultex 99 is a Plovdiv-based company with a 30-year history, specialising in the production and supply of protective and workwear, as well as the import and sale of safety equipment and personal protective equipment. Bultex 99 has over 50,000 customers, including 15,000 corporate clients, and offers more than 100,000 items (including sizing options). The company operates 22 retail locations nationwide and an online store.
The Need for a New System
For an innovative company of Bultex 99’s scale, relying on an ERP system and spreadsheets proved insufficient to keep up with the dynamics of the business. In order to minimize manual report generation processes—sometimes carried out outside regular working hours—the company decided to implement a business intelligence system to automate reporting across the organization.
Project Objectives
- Automate business data analysis and reporting
- Provide centralised and consolidated information
- Improve visibility into key business metrics
- Accelerate the analysis and decision-making process
- Improve internal coordination between teams
- Providing a reliable basis for planning and control
- Reducing reliance on manual reports and Excel analyses
The Solution
The first phase of the project for implementing the businessPace BI solution at Bultex 99 covers the company’s sales and was completed within a few days. At this stage, the solution was also integrated with the company’s core system, Colibri ERP.
During the second phase of the project, the Balkan Services team further enhanced the platform by adding new data sources related to inventory levels, item movements, deliveries, and orders.
Results
- Significantly improved tracking of key performance indicators such as sales, revenue, and profit, as well as inventory levels, goods movement, minimum and maximum stock thresholds, and financial flows—including overdue liabilities.
- Substantial reduction in the time required to prepare reports and analyses through the automation of the reporting process.
- Ability to periodically extract and structure data from the ERP system, eliminating the need to exit the audit period and perform additional processing in Excel.
- Accelerated decision-making based on informed management insights and improved internal coordination.
Integrations
Colibri ERP