Trading Performance – With Predictive Retail Analytics
10th August 2016 | 1 min read
Retail Express would like to announce the implementation of a set of Standard Analytical Reports providing multiple views of the Trading Performance for the Historical Analysis of performance by Format, Market, Store and by Department, Category, Item etc., In addition the RE 2.0 solution can combine the Historical with the Predicted future view so that two weeks into the period we can produce a view at all levels of the predicted period performance using the actual data for the first two weeks of the period and Retail Express Forecasts for the remaining two weeks of the Period providing the opportunities to look at potential short falls in performance whilst the users still has time to do something about it. These capabilities combine the best of the historical data with up to date real-time forecasts of the future, enriched by the detail of the prices, promotions, marketing and advertising plans held in Retail Express which supports and informs our Predictive Analytical tools; crucially you can see your predicted promotional participation versus regular sales in time to adjust the promotional packaged.
Reports and Insights can show Current Year, Last Year, Plan compared to each other with Variance for any date range (Day, Week to Multi-Year) at Any Level of the Location and Merchandising Hierarchy. The solution can be provided in a hosted, Cloud or On-premises implementation and is available today with Retail Express RE 2.0 Release 4.4.1
