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Continuing our series on the three main categories of discoveries that a solution should provide retailers to help minimize the effort necessary to identify controllable factors that can be translated into action, this edition will break down what is known … Continue reading
Author Archives: Guy Yehiav
The Fine Line Between BI and BS – Part 2: Intelligent Business Intelligence
In our previous blog, Editor In Chief at Integrated Solutions For Retailers, Matt Pillar discusses The Fine Line Between BI and BS. We will delve deeper into the discussion, and take a look at what you believe is the “best … Continue reading
NRF 2013, Big Data And The Big Show
As this years NRF 2013 draws to a close, I thought you would enjoy the Podcast from our panel on big data, predictive analytics, and the bottom line. I had the good fortune of moderating the topic with Citigroup’s Deborah … Continue reading
Upstream Solutions to Downstream Problems
In any situation, when a problem arises, it’s human nature to look for a solution in the area in which the problem is located. In retail however, that means a store inventory distortion problem should have a solution downstream, within … Continue reading
Satisfy Customers with Saturated Shelves
Even in this rapidly changing world of retail, one of the keys to customer satisfaction is one of the most basic: on-shelf availability (OSA). As a consumer myself, I know the disappointment of arriving at a store only to find … Continue reading
Shared Services Increase Retail Revenue
Retailers have been utilizing shared services, the philosophy of centralizing, or sharing, common functions among several stores, since the early 1980’s. It is believed that this provision can create cost-savings within store operations. There are many areas within the retail … Continue reading
Increase Assortment and Raise Revenue – Part 2: Product Substitution
In the previous blog, “Increase Assortment and Raise Revenue – Part 1: New Product on Board”, we discussed the trend of retailers looking to boost sales by increasing assortment, either by adding new products or related services. To ensure the … Continue reading
Increase Assortment and Raise Revenue – Part 1: New Product on Board
Retailers are always looking to bring in more earnings, either through their existing revenue streams, or by introducing new products and/or services. Today more than ever, the retail industry seems to be focusing more towards the latter: in order to … Continue reading
Inventory Distortion – Part 1: Increase Revenue Quickly by Minimizing Inventory Distortion
Manufacturers and retailers have been scrutinizing the ongoing out-of-stock (OOS) problem for years. As we know, this OOS dilemma is hurting revenue growth for both the retailers and manufacturers involved. The average 8% to 10% OOS, which soars to around … Continue reading
Why Reorganize Retail Corporations?
When retailers fall short of their expectations, whether it be a measure of same-store sales or not meeting profit goals, a common practice in the industry is to completely reorganize their business plan. Falling behind same-store sales can be attributed … Continue reading