This is the third part of our four part series exploring the ways suppliers and retailers can improve their bussinesses by developing a Data Strategy. In step 3 we look at the importance of Organizing Data. A business must begin with its core: this is what we do. Clarity of purpose is essential. Yet, to provide a superlative product [...]
A Four Part Approach to Data Strategy; Step 2: Prioritize
February 3, 2012 By Leave a Comment
This is the second part of our four part series exploring the ways suppliers and retailers can improve their bussinesses by developing a Data Strategy. Data Strategy requires mindfulness, vigilance, discipline and action. Skipping a step can undo the entire process. Consider these historical examples of the lack of follow through in maintaining a complete Data Strategy: The White Star [...]
A Four Part Approach to Data Strategy; Step 1: Realize
January 10, 2012 By Leave a Comment
In this Four Part series we’ll take a deep look at how suppliers and retailers should create a strategy for collecting and utilizing POS data. Just like creating financial budgets or a merchandise strategy, developing a data strategy is essential to the success of your business. What is your Data Strategy? Step one: Realize. We [...]
A New Year – A New Era
January 9, 2012 By Leave a Comment
This is a new year and a also a new era for Enhanced Retail Solutions. A top 5 retailer has just committed to our first “non-retail analytic” business intelligence solution. While we cannot share all the details, what we can tell you is it involves tools to gather data from a variety of sources to [...]
ECOMMERCE BEST PRACTICE WEB SITE – It Should Be Easier…But It’s Not
January 3, 2012 By Leave a Comment
ECOMMERCE BEST PRACTICE WEB SITE – It Should Be Easier…But It’s Not Want to track sales at your larger retailer? A worthy goal, if not an easy one. Especially if you are relying on the retailer’s Point of Sale (POS) document. After all, turning on the 852 document can be straightforward – or fraught with [...]
We are pleased to announce the signing of our newest client, Delta Galil Industries.
January 2, 2012 By Leave a Comment
Delta Galil is a global manufacturer and marketer apparel products including intimate apparel for women; extensive lines of underwear for men; innovative bras and socks; childrenswear, leisurewear and nightwear; knitted fabrics, elastic ribbons, trimmings and a variety of other basic apparel materials. The company employs 7,000 people worldwide, and serves over 50 industry-leading customers in the [...]
The Importance of Data Collection at POS
December 23, 2011 By Leave a Comment
I recently read a very interesting article from Michael Koploy of Software Advice. Michael is right that it all starts with the data. Without that, our business intelligence tools wouldn’t tell us much. But with the amount of data that is available today, BI engines like ours quickly integrate and interpret multiple sets of data at [...]
And to All A Good Year!
December 19, 2011 By Leave a Comment
It’s hard to believe 2011 is just about over. At the end of each year, probably like you, I take a hard look at what we accomplished and think about the expectations for next year. We experienced 10% growth this year, not bad considering the economic climate and uncertain retail environment. Most of our clients [...]
ECOMMERCE BEST PRACTICE WEB SITE – Keeping Up With SKUs
November 22, 2011 By Leave a Comment
ECOMMERCE BEST PRACTICE WEB SITE – Keeping Up With SKUs Our largest client has well over twenty-five million sku-store combinations. They manage all those sku’s sales tracking and demand planning with a small team of about 10 people. Other clients sell hundreds of styles – some with 30 or more size-color combinations each – and [...]
ECOMMERCE BEST PRACTICE WEB SITE – Alternatives to EDI 852 Data Collection
November 9, 2011 By Leave a Comment
ECOMMERCE BEST PRACTICE WEB SITE – Alternatives to EDI 852 Data Collection While some enhancements have been implemented for certain retailers’ 852 Point of Sale documents, more effort appears to be plowed into improving the data on vendor portals. This does make sense. Why not provide the tools a vendor needs to help manage the [...]