Retail Business Intelligence

Retail Business Intelligence Module is designed to improve your business decisions and make key choices about inventory, marketing effectiveness, assortment planning, as well as other performance indicators.
Improve total enterprise performance by utilizing tools combining sales goals and historical patterns with comparative location and department results to identify measures and problems utilized on a timely basis to provide feedback, identify areas of improvement and take appropriate action.
Key Performance Indicators (KPIs) Analysis Console in specific areas of responsibility like store sales, category of merchandise gross margin, vendor performance, loss prevention, customer traffic, assortment plan and employee performance provide managers with timely information and enables them to take corrective action.

 

Summary

Business Intelligence solutions are no longer a tool for top-tiered retailers. Price, feature, and performance characteristics of Cybex Retail BI Module have made it possible for middle-tier retailers to make use of sophisticated analytical tools.
Comprehensive set of reporting and presentation tools to assist in making actionable decisions about future inventory levels. Analyze current and historical data about product movement through the supply chain to impact future order cycles.
Utilize Business Intelligence to influence and even drive merchandising decisions in the areas of initial merchandise allocations, replenishment of orders, assortment planning by store and merchandise classification, promotions and marketing, store and associate performance measurement and other indicators that are measured by the information stored in your data warehouse.
Large volumes of operational data stored in your current transaction-based database including inflows and outflows of merchandise, detailed item sales from POS, and detailed store level inventory transactions, employee and customer-related information can be converted to a data warehouse and leveraged to make optimal actionable decisions in your retail enterprise.

 

Benefits

Operations management.
Provides management with insight into distribution trends, costs, and performance.
Labor management.
Puts timely information into the hands of employees and  managers, with powerful reporting tand analysis decision support tools.
Distribution and Resource Planning
Better resource planning, along with increased productivity, decreases costs.
Improved resource utilization.
Optimizing merchandise, retail and labor resources taking into consideration operating constraints.
Reduced inventory.
Efficient product flow helps cut down on excess inventory.
Value-added services.
Provides user-defined, value-added service functionality, including the automatic routing of service merchandise, paperless tracking of activity and costs, and definition of radio-frequency task queue for visibility and management.
Style maintenance and profiling.
Provides the ability to manage slotting of items to ensure proper allocation and merchandise balancing.
Receiving and Stocking Units, Lot Size and Pre-Packs.
Enhances efficient warehouse package handling and stock consolidation by merchandise group.

 

Features

The BI data warehouse
Designed to store and summarize data in an optimized-for-queries and analysis tools

Ad-hoc queries
Query lists and reporting that enable users to build their own reports lists by utilizing easy-to-use data dictionary and design tools

Rich Analysis Capabilities
Segregate, summarize and compare data to identify trends, understand variables, create possible scenarios, and forecast outcomes

Templates
Monitor critical business metrics and track performance across the organization while comparing it to defined goals and prior periods

Action Tools
Close the BI loop by linking correct business decisions based on the BI output directly with key functionality in Merchandising, Sales Audit, CRM and Operations