Simon Evetts
Most retailers are struggling to keep markdown budgets down. We believe there is significant opportunity to minimise markdowns with enterprise order management.
Most retailers are struggling to keep markdown budgets down. We believe there is significant opportunity to minimise markdowns with enterprise order management.
The ‘Amazons’ continue to increase their range. And because they can combine supplier stock with their own stock, they can do so without a proportionate increase in stock investment.
So many retailers still do not have real-time stock. In today’s technological environment there is no excuse for this.
With 85% of sales still going through our shops, managing stock in shops remains critical. But we decided to change the paradigm and create an advanced system that ERP vendors can't match.
Retail profitability has been declining as a percentage of revenue. So what can we do to fundamentally increase productivity in UK retail? We look at three key areas of focus.
Imagine a software robot, which could track and forecast sales for each product at each location every week, or even daily.
Retailers have invested millions in systems, most of which are focussed on operational support. If they moved to intelligent systems they could further transform their business.
You have hundreds of traders working for you, making hundreds of decisions every week that can make or break trading performance. How can you guarantee performance?