Retail Business Intelligence That Keeps Getting Smarter
Specialty retailers have unique business reporting requirements. From complex inventory replenishment algorythms to effective labor reporting, there is always something more that store managers and executives need to get a handle on in order to maximize profits. Having sales, inventory, and labor details from every department that can be sliced and diced using various reporting hierarchies is critical to smooth retail operations. With Business Intelligence that keeps getting smarter, smart retailers will always end up on top.
eRestaurant Business Intelligence Module - Altametrics
Specialty retail stores use a variety of software applications, including POS, customer satisfaction, inventory control, labor scheduling, timeclock and more. Retail store managers and chain executives need to review data that resides in all of the systems and need to be able to compare data in one system with data in another. Xformity takes away the pain of system and data integration by pulling data from all of your disparate systems into one easy to use business intelligence system. Leadership doesn’t need to be concerned about where the data comes from and can easily generate ad hoc reports that contain the information they need when they need it.
Easy to Learn and Implement
No one in the specialty retail market wants to stop operations and learn complex reporting skills. Retail managers are too busy ensuring the right inventory is available to meet customer demand and that there’s not a long wait at the checkout counter. Xformity Business intelligence software is intuitive and easy to learn so store managers pick it up rapidly and can create their own ad hoc reports in minutes. And with Xformity’s proven implementation process, the software is up and running with minimum configuration and setup required.
Transaction Level Details Identify Trends
Sifting through massive amounts of transactional data to find the outliers is a daunting task for most retail operators. Xformity’s Transaction Level Analysis makes it easy to drill down from a high-level summary into suspect transactions and take appropriate corrective action.
Manage Your Store Effectively Even When Off Site
Retail operations often use inexperienced hourly employees to meet customer demands, which means that store managers and assistant managers get called in for guidance when they are not in the store. Being able to make good business decisions while off site is facilitated with Xformity’s mobile access to data. Store managers can see sales information, inventory values and much more at the click of a button on their smartphone or tablet, making sure those late-night decisions are the right ones.
As a business owner, you need to be a crime fighter, an accountant, and an exceptional manager; all while driving increased profits. How can you research business intelligence too? Sign up for our 6 day crash course to get up to speed in no time.