What primary need do retailers and distributors have in common? They must have the ability to make and receive payments for alcohol beverage products. But more importantly, it must be convenient, compliant and secure.
Customer data has been around the retail world for a while now, and with more and more data around customers coming in each day, the value of this data will continue to grow. Unfortunately, this source of information on customers tends go to under-ut[...]
Whatever the cause – vendor error or fraud, employee theft, pricing error, or damage – shrink can have an enormous effect on sales, margins and profits, impacting both the retailer and supplier partner. Using iControl’s Harmony platform to settle shr[...]
Every retailer has a set of KPIs they focus on every week. Often these KPIs summarize thousands if not millions of data points that are occurring across thousands of stores. Stakeholders at numerous different levels of an organization need them to as[...]
Both Retail analytics and DSD software have come a long way in the last few years. If you wanted to see what your customers thought about your store or why they come there, you would need to ask them directly by conducting some form of market researc[...]
Retail analytics is the process of providing valuable data on inventory levels, supply chain movement, consumer demand, sales, and much more that can be used for a variety of applications like maintaining procurement levels and making crucial marketi[...]
Inventory distortion is the combined cost of out-of-stocks, lost sales, and overstocks that retailers must discount significantly to sell. It results from the inability of retailers to respond swiftly and in a flexible way to consumer demands. This i[...]
As 2018 begins, B2B companies are looking at ways to enhance business intelligence and retail analytics to help streamline operations and increase efficiency. As the world of scalable retail analytics, B2B mobile payments, big data and artificial in[...]