{"id":12840,"date":"2019-03-29T14:26:30","date_gmt":"2019-03-29T14:26:30","guid":{"rendered":"https:\/\/www.businessanalyze.com\/danfoss-semco-optimizes-processes-with-global-sales-pipeline-project\/"},"modified":"2019-06-03T11:56:35","modified_gmt":"2019-06-03T11:56:35","slug":"danfoss-semco-optimizes-processes-with-global-sales-pipeline-project","status":"publish","type":"post","link":"https:\/\/www.businessanalyze.com\/en\/danfoss-semco-optimizes-processes-with-global-sales-pipeline-project\/","title":{"rendered":"Danfoss Semco optimizes processes with global ‘Sales Pipeline Project’"},"content":{"rendered":"

This article is based on the presentation held by Lars S\u00f8rensen, Management Consultant at BestAnswers ApS, at SuperOffice CRM Dagen 2018. Updated March 2019.<\/em><\/p>\n

\"\"<\/a>

Lars S\u00f8rensen (pictured) is project leader for the \u2018My Sales Pipeline\u2019 project.<\/p><\/div>\n

\n

The project at-a-glance<\/h3>\n

Company: Danfoss Semco – part of the Danfoss Group, a family owned global company, with more than 24,000 employees worldwide.<\/p>\n

Business: The sale, development, production and service of certified fixed fire-fighting systems under the brand SEM-SAFE\u00ae.<\/p>\n

Project: Company-wide project \u2018My Sales Pipeline\u2019 to optimize sales revenues and processes<\/p>\n

Involved: More than 20 people at headquarters and 4 regional offices.<\/p>\n

Software tools: SuperOffice CRM, Navision ERP, Business Analyze<\/p>\n<\/div>\n

Lars S\u00f8rensen is project leader. He was involved in rolling out the project in Danfoss when he was Business Excellence Manager.\u00a0 Now, the program, involving sales leaders, managers and sales support people worldwide, is also implemented at Danfoss Semco.<\/p>\n

The project involves refining internal processes, optimizing use of SuperOffice CRM, and rolling out Business Analyze for analytics and sales reporting.<\/p>\n

Better insight into sales<\/h2>\n

The \u2018My Pipeline\u2019 project is part of the broader company-wide strategy to optimize sales and customer experience.\u00a0During fact-based coaching sessions, the pipeline and\/or single opportunities are discussed in detail based on data from the CRM and ERP systems.<\/p>\n

Better insight into the development of the sales pipeline – several quarters ahead- reduces the chances of unwanted surprises and enables the company to act pro-actively.<\/p>\n

– Danfoss Semco is well aware of how important pipeline management is for steering the company, but having an accurate view of past and future pipeline developments is easier in theory than in practice. Sales teams have different needs and ways of working with CRM systems. Everything needs to be aligned.<\/p>\n

– By defining this as a global project, sales optimization and customer experience stay in focus, even when \u2013 understandably \u2013 there are many other activities that require people\u2019s time and effort.<\/p>\n

Leaders have a dedicated forum to discuss what\u2019s working and what isn\u2019t on a high level.<\/p>\n

Danfoss Semco uses Business Analyze to help them analyze data from their CRM system, improve reporting and monitor key metrics.<\/p>\n

– Business Analyze has proved to be a good tool allowing upper management, sales, finance and production insight into future sales projects.<\/p>\n

Lars describes four important aspects of the\u00a0project:<\/p>\n

#1 Measure\u00a0KPIs<\/h2>\n

– We set sales targets and measure progress for all different units, segments, time periods, divisions etc.<\/p>\n

– Individual and team targets are connected to the broader company goals. This builds a mutual understanding about the business and its culture, and the importance of each person.<\/p>\n

–\u00a0Sales performance, hit rates, sales cycles time and other metrics are visible on dashboards.<\/p>\n

#2 Focus on pipeline quality<\/h2>\n

–\u00a0If data isn\u2019t accurate, a \u2018full\u2019 pipeline creates a false feeling of safety. We, therefore, look at issues such as: overdue opportunities, old opportunities without any activities or stage changes, and \u2018stuck\u2019 opportunities, in order to have a healthy, reliable forecast.<\/p>\n

–\u00a0We have a set of dashboard reports that address each of these topics. Each report ensures relevant opportunities are analyzed and either rejected or followed up.<\/p>\n

# 3 Analyze opportunities from several views<\/h2>\n

–\u00a0Managers have several views the pipeline, past developments and movements.\u00a0The\u00a0‘change report’, shows, for example, opportunities that have changed stage, close date, value, probability to win etc.<\/p>\n

–\u00a0One example is the report showing all open opportunities, per stage and per month. This gives better control of sales several months ahead. In fact, it might be the most important report. Danfoss Semco can look into the forecast with good reliability at least 3 quarters ahead.<\/p>\n

#4 Use dashboards actively in meetings<\/h2>\n

–\u00a0The sales teams review reports from Business Analyze in their weekly sales meetings.<\/p>\n

–\u00a0We urge people to come up with ideas how to make things better and more efficient.<\/p>\n

– We adjust and develop SuperOffice and Business Analyze as we go. Most of the changes are done in-house, so it’s not far from idea to implementation.<\/p>\n

More unified approach to sales management<\/h2>\n

The overall result is a more unified approach to sales management. With better forecasting and opportunity management, it is easier to prioritize resources, manage pressure and be proactive.<\/p>\n

The next step in this journey is to connect data between Navision ERP, SuperOffice and Business Analyze.<\/p>\n

There are many ways to create a better end-to-end customer experience by connecting data together.<\/p>\n

Analyzing customer data and turning it into customer value is continuing to be high priority for Danfoss Semco as they enter 2019.<\/p>\n

Danfoss Semco can be reached\u00a0at\u00a0https:\/\/semsafe.danfoss.com\/<\/a> and you can reach out to Lars at\u00a0https:\/\/BestAnswers.info<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

This article is based on the presentation held by Lars S\u00f8rensen, Management Consultant at BestAnswers ApS, at SuperOffice CRM Dagen 2018. Updated March 2019. The project at-a-glance Company: Danfoss Semco – part of the Danfoss Group, a family owned global company, with more than 24,000 employees worldwide. Business: The sale, development, production and service of […]<\/p>\n","protected":false},"author":4,"featured_media":12827,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[97,77],"tags":[],"class_list":["post-12840","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-insights","category-siste-nytt-en"],"acf":[],"yoast_head":"\nDanfoss Semco optimizes processes with global 'Sales Pipeline Project' - Business Analyze<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.businessanalyze.com\/en\/danfoss-semco-optimizes-processes-with-global-sales-pipeline-project\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Danfoss Semco optimizes processes with global 'Sales Pipeline Project' - Business Analyze\" \/>\n<meta property=\"og:description\" content=\"This article is based on the presentation held by Lars S\u00f8rensen, Management Consultant at BestAnswers ApS, at SuperOffice CRM Dagen 2018. 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