Retail is one of the most diverse, complex and dynamic business environments there is. Thousands of ever changing products; loyalty programs; high turnover staffs; seasonal buying patterns; high and low margins products; and on-going promotions challenge even the most seasoned industry veteran. Add to all this the relentless competitive environment, fraud, and an unpredictable consumer there is an undeniable need for accurate information to support buying, staffing and a host of other decisions that must be made in this dynamic environment.
360 Degree Visibility to Performance
The Profitbase Retail BI solution gives Business Insight to decision makers empowering them with accurate and up-to-date information. The solution provides one consolidated view of information resulting in 360 degree visibility to all aspects of business performance. By extracting and consolidating data from multiple business systems the solution delivers actionable performance information to decision makers based on their roles in the organization.
- Store Managers are able to track sales, promotions, inventory turns, out-of-stock SKUs, and margin by category, department, store clerk and more
- Regional or chain sales executives are able to monitor top performing stores, categories and inventory
- Category managers can track product line and vendor performance
- The CEO and CFO are able to track financial performance of the enterprise as well as categories, chains, regions and stores
Regardless of their role, all decision makers are working from the same set of information. Everyone from the CEO to the store manager can monitor performance anytime, anywhere, using a browser and a role-based self-service BI interface. Empowered users are able to sort, filter and drill to detail to root out problems and solve them quickly.
Information Delivered based on Roles
Information is delivered to users based on their role in the organization, their information needs and technical skill level. Store managers and regional or chain sales executives have different information requirements and skill levels than, for instance, a data analyst in the corporate office, and therefore are provided the appropriate technology and only the information that they need to do their jobs. |
