Retail
What you can achieve with Business-Qlik for Retail:
- lower costs - optimizing supply, stocks, debt management;
- increase in revenue - the formation of a balanced assortment, sales planning;
- increase in the trade rate - the optimization of product mix and processes of supply and stock;
- improving the efficiency of the staff - proper division of responsibilities, identifying the duplication of work and the release of the time spent earlier on the generation of analysis and reporting;
- increase of the motivation campaigns efficiency and loyalty programs - the analysis of promotions, the orientation of the campaigns on the model of consumer behavior and preferences;
- optimizing the use of retail space - the control of the profit percentage in the retail areas and the indication of problem areas;
- growth in sales and profits - monitoring sales margins within one heading;
- high level of security - theft prevention and easy theft screening;
- increasing the transparency of plans and budgets - manipulation of key financial indicators online.
Business-Qlik Solution for Retail is necessary, if:
- inventory management is ineffective and you have a high percentage of slow-moving goods and unliquidated assets;
- your company's control over pricing is inadequate and the sales of the unacceptably low margins are not tracked;
- there is no objective information about the company;
- reduced level of customer loyalty;
- operational control decreases with the expansion of chain stores;
- deliveries from suppliers are systematically irregular which causes losses from profits;
With Business-Qlik for Retail you can:
- analyze sales of all or individual stores for different periods, including the like-for-like format;
- assess the dynamics and seasonality of sales for products on sale and work out sales plans effectively;
- work with the suppliers more effectively, identifying the optimum level of safety stock, the most appropriate periods and volumes of supplies for various product groups;
- form assortment competently, highlighting the most profitable and stable commodity groups and determining those products that are to be excluded;
- determine the best price for the goods and keep track of sales cases with unacceptably low margins;
- analysis of the checks, the average subtotal, the check structure, cross-selling;
- perform financial analysis to monitor accounts receivable and payable, monitor the flow of funds;
- calculate the efficiency of discount programs and loyalty programs through analysis of the discounts and bonuses;
- analyze sales during a promotion campaign and evaluate ROI campaigns;
- assess the volume and profitability of sales in the network structure, define contribution in turnover;
- conduct ABC-XYZ products analysis and their categories in terms of sales and profitability;
- analyze stocks: balances and transactions of goods for any period in the context of the entire company and individual stores, inventory turnover and the average implementation period, deficits and surpluses and unliquidated products in stock;
- calculate the best inventory depending on the given level of service;
- conduct a comparative analysis of all data files on any criteria in tabular and graphical form;
- model profitability depending on various factors;
- predict sales based on different statistical methods and factors of seasonality;
- analyze the performance of sales plans and procurement;
- evaluate the performance of individual outlets;
- view all the information in the sections without any aggregation with details down to the original document;
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What data can you analyze with «Business - Qlik Solution for Retail»? |
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