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A Look at EDI-based Sales reporting in the Retail Industry Retail Sales Reporting & Analysis
[object Object]
  Where to get the data – data sources
  Basic Retail Math
  Great attributes
  Normalizing data
  Seeing problemsActionable, timely, cost-effective
Top reasons to understand what is selling where, include: ,[object Object]
  Manage inventory and costing
  Understand your brand demographicsYou probably already know why you need it…

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Retail sales reporting & analysis

  • 1. A Look at EDI-based Sales reporting in the Retail Industry Retail Sales Reporting & Analysis
  • 2.
  • 3. Where to get the data – data sources
  • 4. Basic Retail Math
  • 5. Great attributes
  • 7. Seeing problemsActionable, timely, cost-effective
  • 8.
  • 9. Manage inventory and costing
  • 10. Understand your brand demographicsYou probably already know why you need it…
  • 11.
  • 12. Ecommerce sites and storefronts
  • 13. Your own backend applications (Accounting and ERP)We can get the data from your Retailers, VAN, EDI Providers, You, E-stores and Ecommerce systems… The technical requirements are easy….
  • 14.
  • 15. Inventory Turns (Turnover = Net Sales ÷ Average Retail Stock)
  • 16. Net Sales (Net Sales = Gross Sales - Returns and Allowances )
  • 17. Basic Retailing Formula (Cost of Goods + Markup = Retail Price)Simple formulas, applied to data at the right time can save the day! see more at: http://www.retailedi.com We don’t use an abacus…
  • 18.
  • 19. Retailer: store demographics, weather, economic, pricing,
  • 20. Your item: NRF color code, picture, part #, bin loc, shipping loc, profit point, pack size, packaging info Centralize your knowledge around item and location, then measure and report on activity surrounding each. see more at: http://www.retailedi.com Up to 97 location & item attributes tracked...
  • 21.
  • 22. Relate items to specific suppliers, landed costing, etc.
  • 23. Varying descriptionsWalmart calls out an item by a GTIN, you refer to it by a part number, suppliers still another number – we give you a “Normalized” view and remove the obscurity. With GOOD data, you can take action…
  • 24.
  • 25. Common business and retail formulasSee problems quickly. Example: Sell thru drops at one retail location, across the mall Sell thru is sky high – see the problem quickly. Profitability drops in a particular region, see the trend before it’s a problem. See out stocks and get in touch with your buyer to correct the problem before it effects your brand and relationship. How much does this cost…?
  • 26.
  • 27. Understand what is selling and why.
  • 28. Collaborate up and down stream to improve sales.
  • 29. Understand your true sales by market, retailer, demographic.System setup should be $250/client and $55/month per retailer. Get that and ROI is assured. Where do you get a system like this?
  • 30. To be put in touch with the right company, contact: Jim Cantrell/RetailEDI jimc@retailedi.com http://www.retailedi.com