Your Bottom Line Needs BI with a Higher IQ
Business Intelligence, Predictive Analytics and Demand Forecasting for Today's Multi Channel Retailer
In order to increase sales, improve margins and maximize profitability, retailers must deliver the right styles, the right colors and sizes in the right quantities to match demand through all available shopping channels, i.e. eCommerce, bricks-and-mortar, television, catalog, and so on . They must continuously reevaluate this merchandise mix as demand and supply factors change. This entails not only historical performance assessment but also intelligent, informed projections of what lies ahead. In order to keep up with the demands of a multi channel retail environment, more data and bigger internal audiences raise the stakes for BI.
This webinar offers a perspective from an industry expert on the new breed of Business Intelligence (BI) -not your Father's BI that just slices and dices data, but an integrated Business Analytics platform with robust Business Intelligence, predictive analytics and demand forecasting designed specifically for today's multi channel consumer centric retailer.
What You Will Learn- How progressive retailers have embedded this new breed of BI into every day decision making
- How to perform complex analyses in minutes as opposed to hours or days
- How easy it is to get the right reports without IT dependency
- How multiple departments are leveraging on demand data for “one version of the truth”
- How retailers can build profit maximizing merchandise plans enabled by embedded BI
- How retailers can have total insight into local trends and predict outcomes
Presenter: Ben Lentini
Vice President, Planning Solutions
7thonline