Author Archive for: Stuartd

Entries by Stuart D

Data Profits’ iKIS Now Provides Real-Time Supply Chain Visibility

Speed, Data Granularity, and Groups Combined with Actionable Customization Will Drive Profits in 2013 Atlanta, December 19, 2012 – In 2013, mid-tier retailers, distributors, and grocers will increasingly need real-time actionable insight their into supply chain to drive behavior changes and profitability. Data Profits’ (https://data-profits.com/) iKIS supply chain visibility solution provides actionable insights, allowing companies […]

Demand Forecast Seasonal Index Disasters to Avoid

My recent Fox News interview highlighted my attention to an opportunity last Wednesday. What would sell Black Friday? What issues might derail the supply chain and how would that effect shoppers’ opinion and sales? It was 6:00 PM the Wednesday night before Thanksgiving, a major sales event for most restaurants. I took my family to […]

How Holiday Sales will Impact Retail in 2012

Data Profits’ Predictions for 2012 that Retailers need to Know Now The official holiday shopping and Christmas season kicks-off this weekend, and is considered a bellwether for the retail industry, as this is the time of year when retailers earn up to 40% of their annual profits. Everyone is watching to see:  will post-election results and […]

Little Known Leverage Strategies for Lost Sales Reductions – Part 3

Leverage Your Lost Sales Data to Grow Profits The key to successful Demand Driven retail is leveraging the right data in the right places. Lost Sales data has a lot of leverage that, when ignored, can be your demise; however, those that successfully measure and leverage Lost Sales data will see sales and profit gains. […]

Truth, Lies, and Strategies for Lost Sales – Part 2

Why Lost Sales are Ignored Our last blog highlighted the staggering impact of Lost Sales in most businesses. We outlined some of the methods used to calculate lost sales, and why these methods do not deliver value. We touched on in-stock and Service Attained as two measures that in the past were acceptable inventory ROI […]

The 7 Most Frightening Lost Sales Facts – Part 1

Companies Miss the Staggering Impact of their Lost Sales Most companies are totally blind to the amount of lost sales they accumulate each year. Without a Lost Sales measure, a company loses significant opportunities to the competition in the forms of repeat business and gross margin dollars. The real impact of lost sales is often […]

Business Intelligence: Top 3 Challenges To Driving Success Through BI

Business Intelligence: Top 3 Challenges to Implementation Is your company struggling with implementing Business Intelligence. Do you have find yourself challenged with any of the following: If so, these are just three of the challenges that will be discussed at the Business Intelligence Summit on November 15 and 16 in Chicago. The Summit provides the opportunity […]

Top 3 Ways to Crunch Big Data Into Big Dollars

  Note: This is our second blog in our 2-part series on crunching Big Data. If you find this information interesting, be sure to check out part 1 on Big Data & Product Groups as well. Many are sold on the idea that Big Data provides Retail Demand Intelligence (RDI) and that employing RDI with […]

Product Groups: Would you Allocate Winter Coats to Hawaii?

Got Groups? A major department store sent new winter coats every year to Hawaii. Consumer Centric Retail is Product and Location Product Groups and Product Ranking are the most utilized feature in legacy ERP systems. Think of the different ways data is grouped to use in the supply chain. Product Groups and Ranking reports are […]