We often hear from prospects that they have a good handle on planning. Yet if we get the opportunity to work with them, almost immediately we uncover a significant amount of stagnant inventory, missed opportunities due to slow reaction and a lot of reporting that takes enormous effort to create but gets little use. It’s […]
Today marks 17 years since I founded Enhanced Retail Solutions (ERS). I would like to thank all our employees, partners and clients around the globe that have enabled our success. Our number one asset is our people- we are blessed with an incredible and talented team. While I’m usually a forward-looking person, it’s times like […]
In the world of planning, most of us analyze our business and forecast using weekly sales and inventory data. In most cases that makes sense. But recently we’ve had a growing number of clients asking us for the ability to analyze their business by day. They tend to be web-driven retailers where the assortment changes at […]
As the holiday season comes to an end it’s a good time to reflect on what worked- and didn’t in your 2018 assortment. Studying the business by item- the productivity versus the investment made in each- cost, space, resources to manage, etc. can help determine what earns another year in the assortment. This process is […]
Black Friday and Cyber Monday have come and gone but the holiday selling season is far from over. The commentators have put their musings and predictions out there. Consumers will have the final word. The (so-called) impeding death of malls and stodgy chains will be further discussed. So, what’s a retailer to do? Was their […]