In addition, attributes can be grouped based on any defined criteria, such as brand, category, style, color, size and more.
In one retail chain, they had 14 weeks and 150 stores in which to pilot test a new outpost clip-strip program.
In brief: Using Velocity, a home fashions supplier has been able to shift its focus from reactive to proactive selling.
Timely, accurate forecasting and tracking tools have opened new windows of opportunity for selling.
This allows us to re-route our territories, so we can service our high-performing and high-maintenance stores more efficiently.
With VELOCITY®, we can actually document and measure these sales increases and compare our performance levels with stores in which there is a lower level of service.
They also had the facts they needed to approach other chains.
Since then, the program has been implemented by 85% of their top retail customers.
They can now slice and dice POS data at any level (store, distribution center, chain or across all customers), which has already proven helpful in new product rollouts and tests.
For analysis and reporting, they can look at actual sales data based on attributes such as region, state, household type, race, horticultural zone, market, etc.