Configure-To-Order (CTO) Manufacturing: Empowering Customization
In today's fast-paced and ever-evolving manufacturing industry, businesses are constantly seeking ways to streamline their processes and deliver innovative products to meet the demands of their customers. One such method that has gained significant popularity is Configure-To-Order (CTO) manufacturing. In this article, we will explore what CTO products are, the benefits they provide, and the key differences between CTO and Engineer to Order (ETO) products.
Economic Uncertainty? The Value of Investing in CPQ During Times of Crisis
In times of economic uncertainty, manufacturing enterprises are often challenged with reluctance to making business investments. Economic crises tend to trigger cost-cutting measures and cautious spending. However, Configure Price Quote (CPQ) solutions can be considered as an exception, since it forms an essential tool to support sales and provide potential benefits. Let’s take a look at why investing in CPQ in times of crisis is so crucial.
How to make a business case for CPQ
In 2016, I founded Hive CPQ to help ambitious manufacturers accelerate their sales. One of the main reasons I wanted to create Configure Price Quote software is because CPQ is the kind of software that has a great impact on a company. If implemented correctly, it becomes a key strategy and efficiency ingredient. Today I’m sharing my insights on how to make a business case for CPQ. Let’s dive right in!
Hive has been nominated for Deloitte’s 2022 Technology Fast 50!
Hive CPQ has been nominated for Deloitte’s Technology Fast 50! The competition awards the fastest-growing technology companies in Belgium based on their percentage of growth in turnover during the last four years. Stay tuned for the final ranking on the 27th of October 2022.
Hive CPQ Named High Performer in G2’s Fall 2022 report!
Hive CPQ has been recognized as a High Performer in the CPQ category in the Fall 2022 Report of G2, the world’s largest software marketplace. Based on customer reviews on the website, we have received three additional badges: Quality of Support, Easiest to do Business with, and Easiest to Use.
Hive is now ISO 27001 certified!
Hive cares about protecting the data our customers and partners have trusted us with. We have received our first ISO 27001 certification! Getting awarded with ISO 27001 demonstrates that with Hive we are using best-practice information security methods. Let’s take a look at what this means.
The war for talent: How to protect your company from the talent gap and the great resignation?
The war for talent rages on. Since the COVID-19 pandemic, companies are not only dealing with a talent gap, or a lack of skills in the workforce, but also with the great resignation, making people rethink their salaries, working conditions, and job satisfaction. The number of people quitting their jobs has rarely been higher. Studies have shown that the manufacturing industry in particular has been hit hard by this job market crisis. How can you protect your company from the increasing influence of the talent gap and the great resignation?
The five principles of the HiveCPQ SaaS platform
There are a lot of things for us to take into consideration when we’re building Hive as a SaaS or Software as a Service platform. The main challenge is that the system must be a great fit for a very broad range of users. What do you prioritize in that case when building a SaaS? After years of experience, we have got five principles that guide us to build a powerful CPQ platform.
Raw materials shortage: What can you as a manufacturer do?
Customers that have to wait for months on their orders, empty shelves in stores and unseen increases in price: the manufacturing industry is currently struggling with a worldwide shortage of raw materials. The lack of materials such as lumber, aluminum or plastic has caused a crisis for manufacturers. But where does this sudden scarcity come from? And what is the best way for companies to handle this situation?
How to increase sales for your manufacturing business
Manufacturers are often struggling with long and complex sales processes, making it hard to increase sales. This has to do with the complex nature of the goods, but also with the fact that B2B sales requires various stakeholders to work together. On top of that, the manufacturing market has had some intrusive changes: increasingly demanding B2B buyers and global competition continue to impact companies. Increasing sales in manufacturing is therefore not as straightforward as it often is in other industries. We are bundling some tips to increase your sales again. Read along!
How Hive handled the COVID-19 pandemic
It has been over a year since the coronavirus has taken over the world. The pandemic put economic life on hold in March of 2020, and while the situation is looking a lot more promising in May of 2021, the virus still has its grip on everyday business. In this article, we would like to give you an insight into how Hive has handled the sudden recession and how our company has found a way to successfully continue to grow.
HiveCPQ is now locally available in China!
HiveCPQ simplifies international B2B e-commerce even further now: our platform is running in China! It is one of the fastest growing economies in the world, working its way up to the number 1 spot. China, known as a manufacturing hub, is therefore an interesting place for B2B players around the globe to target.