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The final edition in our “Tell me something I don’t know!” series examines the last of the three main categories of discoveries that retailers are looking for in a solution. Unknown, unknowns are the things impacting the retailers business and … Continue reading
Tag Archives: Pattern
Tell me something I don’t know! – PART I: Known Known
As a retailer, you have many choices about which software vendor to choose. For users, one of the biggest demands we see in the market is having the software inform you of something you don’t already know about your business. … Continue reading
Preparing for Analytics 3.0
Analytics are not a new idea. The tools have been used in business since the mid-1950s. To be sure, there has been an explosion of interest in the topic, but for the first half-century of activity, the way analytics were … Continue reading
The Fine Line Between BI and BS – Part 3: Actionable Intelligence
The first and second editions of this blog mini-series discussed common concerns about today’s business intelligence solutions for retailers. In this final edition, we will focus on the area of the profit amplification solution where the most value is derived … Continue reading
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
The Fine Line Between BI And BS
I’ve been talking about retail BI (business intelligence) a lot lately, and I’ve been writing about it even more. Much of the conversation is with BI solutions providers. What a diverse cottage industry this big data conundrum has born.
Inventory Management – Which Approach is “Best”?
Now that the 2012 holiday season has come to a close, retailers begin reflecting on how well they managed their inventory. Questions will be asked. Which products did you experience high out of stocks and therefore lost sales opportunities? Which … Continue reading
Big Data, Predictive Analytics and the Bottom Line (Part 2)
Information and technology are always evolving. Every Chief Information Officer of any organization typically evolves and adapts to changes in their industry. One method that experts say a CIO should utilize in order to evolve is thinking like an entrepreneur … Continue reading
Sweethearting, Retail’s Evil Mistress
Sweetheart used to be just a term of endearment, yet in the retail world it is a term that conjures up suspicion and dread. Sweethearting (or free-bagging) is when an employee at the cash register passes merchandise to a friend … Continue reading
Big Data, Predictive Analytics and the Bottom Line (Part 1)
Retailers are always trying to leverage new ways of looking at analytics and capabilities, coupled with new ways of consuming the information. A report based on a survey of 81 qualified retailers by Retail Systems Research, LLC, discusses both the … Continue reading