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BI for Your Business

BI for Your Trade

Mention Point-of-Sale (POS) data to sales people in the retail sector and you might not receive a very warm response. Analysis of POS information requires hours, sometimes ever days or weeks, to transform into actionable information.

First, the EDI 832 needs to flatten out and drop into a spreadsheet or SQL database. Then, you need to create a few complex macros or queries, only to get to trend information that, at this point, may no longer be relevant.

Today’s cloud-based POS analytic tools and readily available data render this process —”The Spreadsheet Olympics”— obsolete. With a couple mouse clicks, suppliers can view trend analysis, do geographic assessments, determine in-stock position at the store-SKU level, as well as look at other KPI’s.

The value that brings to the selling organization includes:

  • Sales increases
  • Better margins
  • Cost reductions
  • Greater forecast accuracy
  • Risk mitigation

So, are you ready to make your POS data work for you?

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