Stratum Review - why 4.2 stars?

Shlomi Lavi / updated: Jul 05, 2022

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What is Stratum?

Stratum offers Business Intelligence (BI) solutions for manufacturers & distributors. The software is designed to provide greater insight to customers’ businesses through analytics and reporting software that is low risk, quick to install, easy to use and provides a fast Return on Investment (ROI).

Silvon has developed Stratum to provide BI applications focused on the unique analysis and performance requirements of supply chain businesses. The company’s mission is to help customers improve their views of their operations so that they can develop a successful and profitable business.

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Who is it best for?

Stratum is designed for mid-range and enterprise customers in the Consumer Goods, Food & Beverage, Printing & Publishing and General Manufacturing sectors. It is offered as an on premise solution which provides web and mobile access as well.

The software provides a full end to end solution of business intelligence tools to access and utilize existing enterprise data in a company for analysis, forecasting and planning. Additionally Stratum provides rich business content to help companies track the important KPIs for operational productivity and performance management in supply chain, manufacturing and distribution cycles.

Also customers that are generally faced with long application implementation schedules will be glad to note that Stratum ensures that its BI applications can be deployed and be ready to use within twenty days.

Finally as Stratum is focused only on these particular sectors, the solution gives customers the benefits of specialized industry knowledge and experience. In this way it is a low risk solution as customers do not need to worry about customization and instead can focus on utilizing the tools immediately to improve their operational performance

Stratum has over 1800 customers worldwide and these include Bristol Myers Squibb, Jockey International, Anheuser Busch, Ventura Foods, Harper Collins Publishers, AGC Automotive Americas and Krueger International.

Main features and functionalities

Stratum provides a suite of performance management tools for the Sales, Marketing, Financials, Manufacturing and Inventory units of a company, integrated with powerful customer and supplier analytics. These include numerous pre defined best practices reports, dashboards and metrics to track over five hundred industry defined KPIs.

The solution provides Customer Centric tools that offer detailed sales analysis, promotional planning, as well as customer scorecards for segmentation and effective targeting. Through these tools companies will be better able to understand customer behavior, predict potential customer demand and provide solutions that influence customers to purchase their products.

There are also Supply Chain Centric tools that include reviews of sales and operations planning, inventory visibility, manufacturing and supplier analysis as well product profitability. Through these tools companies can plan how the supply chain should be optimized, evaluate its performance and finally monitor supply chain variances.

Stratum also integrates a company’s financials with operational analytics for a clear view of financial performance. With detailed financial analysis and reporting tools companies can understand the operational costs from manufacturing, distribution, customer service, marketing and sales and use this information to improve business productivity and profits.

Finally the software adopts a flexible information delivery model that includes web and mobile device access with proactive alerts and scheduled reporting. It supports easy integration with other ERP and Business systems through enterprise data connectors to extract data into one central data repository. The solution is also designed to be flexible and support the evolving information needs of its customers by offering a scalable architecture to allow the data repository to grow with business requirements.

What is the actual cost?

ITQlick pricing score is 8.4 out of 10 (10 is most expensive). Access ITQlick pricing guide for Stratum. You can also find here pricing information from Stratum's website.

Pros

• Stratum offers a free Proof of Concept Trial
• Mobile Device access for the application is supported by Stratum
• The product offers Enterprise Data Connectors to ERP, CRM, SCM, POS and third party applications
• Stratum’s BI applications can be deployed rapidly in less than twenty days
• As a specialized industry solution Stratum incorporates most of the best practices for the industry as a standard solution so that customers can get a quicker ROI

Cons

• Stratum does not address the SME market
• The product is offered as a full featured solution with no options for scaled down versions
• Stratum does not provide a cloud based solution
• Social collaboration tools are not provided as part of Stratum
• The solution does not provide full support for a decision management system in its analytics platform

How it stacks up?

Access a head to head analysis of Stratum vs alternative software solutions.

Frequently Asked Questions (FAQs)