BizAcuity
JUNE 3, 2022
The retail industry across the globe has been facing a rough patch for the past 24-36 months due to multiple disruptions- the pandemic, rising inflation, shortage of materials (like semiconductors), and stagnant demand for goods. The new wave of retail experience: the omnichannel boom.
Smart Data Collective
MAY 29, 2022
What is data analytics? One of the most buzzing terminologies of this decade has got to be “data analytics.” Companies generate unlimited data every day, and there is no end to the data collected over time. Data analytics helps in meeting these goals.
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Phocas
DECEMBER 7, 2020
There are numerous benefits for retailers to share their sales and customer data with suppliers. Retailers are closer to consumers than suppliers and are more aware of shifting trends that can determine the demise of one product and the potential for another.
Smart Data Collective
NOVEMBER 20, 2022
Data analytics is unquestionably one of the most disruptive technologies impacting the manufacturing sector. Manufacturers are projected to spend nearly $10 billion on analytics by the end of the year. Big Data is Addressing Many of the Marketing Concerns that Manufacturers Face.
Smart Data Collective
JUNE 15, 2022
Consumers today want retailers they do dealings with, to provide them with simplified and personalized services. One of the secrets to attracting and retaining customers is to become more data-centric. The retail industry is expanding all the time.
Smart Data Collective
SEPTEMBER 21, 2021
Retailers around the world are discovering that big data can be incredibly valuable to their bottom lines. A growing number of businesses are starting to look for new data-driven approaches to streamline their business models. Another significant expense for retailers is stock.
Smart Data Collective
FEBRUARY 14, 2023
Data analytics technology has played a huge role in the future of small businesses. One study from March 2020 showed that 67% of small businesses spend over $10,000 a year on data analytics. The furniture industry is among those relying more heavily on data analytics.
Smart Data Collective
SEPTEMBER 7, 2021
During the beginning of the pandemic, many businesses went digital, and the retail industry is no exception. Technologies became a crucial part of achieving success in the increasingly competitive market, including big data and analytics. Key advantages of big data in retail.
Smart Data Collective
FEBRUARY 1, 2023
Any sports player or fan should be aware that data analysis has become a significant part of sports. As individuals and teams seek to gain an advantage over the opposition, analyzing data and using the results to shape your performance is one of the best ways to get ahead.
Smart Data Collective
DECEMBER 14, 2020
Retailers are struggling to keep up with a growing demand for online purchases. This has driven many companies to find more innovative ecommerce marketing models that rely on big data. As such, retailers have an even tougher job of keeping on top of supply and demand. Using big data and analytics, retailers can more easily optimize their supply chains. Another vital component of many retail businesses is picking and packing orders.
Dataversity
OCTOBER 21, 2021
This has affected not only other online stores but traditional retailers as well. Offline stores are bound to become more reliant on data collection to provide their customers with a […]. Click to learn more about author Henry Bell.
Smart Data Collective
JUNE 24, 2022
Data analytics technology has helped countless companies improve their marketing strategies. Global companies are spending over $3 billion a year on marketing analytics technology and this figure is growing over 12% a year.
Phocas
MARCH 22, 2020
Strong visibility into your operations using data analytics principles can help manage inventory levels and keep cash flow steady.
Smart Data Collective
JANUARY 14, 2022
There is no disputing the fact that data technology has changed the future of the financial industry. One of the sectors most impacted by big data has been banking. Big data is even more important to the banking sector as more of their services become digitalized.
The BAWorld
NOVEMBER 22, 2021
Top Data Analytics terms are explained in this article. Learn these to develop competency in Business Analytics. Data Analytics Terms & Fundamentals. Consistency is a data quality dimension and tells us how reliable the data is in data analytics terms.
The BAWorld
OCTOBER 8, 2020
This article is going to describe the concepts of data analytics to answer the question – What is Data Analytics? You can read more articles by clicking on the Data Science/Analytics. What is Data Analytics?
Phocas
MARCH 31, 2020
Gold Medal International (Gold Medal) is a premier apparel supplier to leading department stores and sporting goods retailers across the U.S. Data analytics has helped it understand its situation and move fast.
Phocas
SEPTEMBER 15, 2021
Two longstanding software providers dedicated to the wholesale and retail market in the United Kingdom, Phocas Business Intelligence Software and Khaos Control have joined forces to bring business intelligence (BI) to all versions of Khaos Control ERP.
Smart Data Collective
JANUARY 29, 2021
Big data helps us assess some of the biggest trends. A number of analytics tools can see market trends , but it is useful to use data analytics to spot social trends as well. One trend that big data helps us understand better is Covid-19. We talked about how big data is helping us fight the pandemic , but it can also help us see how people responded to the changes. This is something that McKinsey evaluated , which depended on major big data insights.
ElegantJ BI
FEBRUARY 5, 2020
This Client is one of the fastest growing retail clothing chains in India. Smarten offered a complete range of reporting and analytics tools including complex analytics to measure and manage stores sales performance, out–of-stock situations analysis, merchandise management, finance etc., BI and Smarten Advanced Analytics Software Advanced Analytics Tools Business Analytics Case Study Data Analytics Tools Self-Serve Data Preparation Smarten Analytics
Phocas
JUNE 18, 2020
Data is increasingly vital to mid-market businesses who want to carve out a competitive advantage. Everyone working in wholesale or retail industries knows how easy it is for customers to swap suppliers when an issue arises or not, so data analytics may hold the key to keeping them.
Sisense
MAY 27, 2021
According to analyst firm IDC, the industry that will spend the most on AI is retail. In fact, the global market size for AI in retail is expected to reach a massive $23.32 According to research by data analytics firm Exasol, 87% of U.S.
ElegantJ BI
JANUARY 22, 2020
This Client is a pioneer speciality retail chain with pharmacy and wellness stores in India. Smarten provided a complete range of reporting and analytics including complex analysis for stores, sales performance, Inventory Management, Membership Management, Discount Management and other factors, in an interactive self-serve environment that gave users a comprehensive set of reports, dashboards, KPI monitoring and metrics, graphical analysis and more.
Data Pine
AUGUST 29, 2022
The saying “knowledge is power” has never been more relevant, thanks to the widespread commercial use of big data and data analytics. The rate at which data is generated has increased exponentially in recent years. Essential Big Data And Data Analytics Insights.
Christian Steven
APRIL 9, 2020
Yet, through data analytics , Amazon has found a way to dominate the online retail space. IntelliFront BI Data Analytics Dashboards Data Analytics Tools Data Analytics Software Reports Business Intelligence Tools KPI
Phocas
JANUARY 16, 2020
There are many benefits for companies in manufacturing, distribution and retail to invest in enterprise resource planning (ERP) technology, including enhanced automation for the ability to deal with a complex data landscape. a data analytics solution.
Phocas
APRIL 16, 2019
The key element to sifting through a massive amount of data to gain this level of transparency is a robust analytics solution. As technology is constantly evolving, so too are data analytics solutions. Industry - Wholesale Distribution Job Role - Sales Strategy, Management and Performance Job Role - Executive Industry - Retail
Phocas
MAY 7, 2019
One of these considerations is often about software or IT and what data analytics solution the 'new' company should choose. Job Role - Finance Industry - Electrical Industry - HVAC/Plumbing Industry - Building & Industrial Supplies Job Role - Executive Industry - Retail Industry - Mechanical and IndustrialThe key principle behind M&A is that joining two companies is more valuable than operating them separately.
Phocas
JANUARY 27, 2021
Business intelligence software company Phocas has raised one of the biggest rounds of 2021 so far, securing $45 million to fund the development of its data analytics products, as well as new financial products.
Phocas
OCTOBER 29, 2020
Whether you are a CPG distributor, wholesaler or retailer, you are likely working to improve efficiencies, reduce costs from your supply chain and manage margins to squeeze as much profit as you can from every transaction. Competition in the consumer packaged goods (CPG) industry is fierce.
Phocas
NOVEMBER 4, 2020
Industry leading ERP, Retail and Business Management software provider, Kerridge Commercial Systems (KCS) , and leading analytics software provider, Phocas Software , today sign ed a global partnership agreement that will enable KCS ’ customers to elevate data held in their KCS systems.
Smart Data Collective
NOVEMBER 12, 2022
Data has unquestionably had a huge impact on our lives. quintillion bytes of data are generated every day. Data is everything in today’s tech-driven world. Here comes the role of the data analyst. Data visualization capability. Data Mining skills.
Phocas
FEBRUARY 17, 2021
This blog will explore the benefits of using your business data to evaluate lost sales. sales retail data analytics KPIs and metricsUnderstanding the reasons behind lost sales is critical to stopping the leak and increasing sales in the future.
Phocas
MARCH 16, 2020
Industry - Manufacturing Industry - Wholesale Distribution Company Updates Industry - Retail data analytics business intelligence software
Dataversity
OCTOBER 24, 2022
Business users are business professionals who have expertise in an industry or market arena or perform a function to support the ongoing operation of the business – professionals who may be front-line workers on a production line, finance professionals, sales representatives, non-profit office workers, medical researchers, middle managers, regional managers for retail chains, transportation dispatchers, […].
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