Shift Into High Gear With Retail Analytics
To stay competitive in retail today, retailers need to keep up with everything that is happening. Since retailing is now a multichannel endeavor, a shift has to be made. It isn’t enough to react to conditions in the marketplace, because simply reacting to changes will limit your business to being a weathervane rather than a force to be reckoned with. Shifting from being reactive to being proactive is like shifting into high gear and moving ahead of the competition. The ability to analyze data effectively makes that shift seamless with ChainDrive Retail Analytics software.
Tools To Use Effectively
Retailers can no longer afford to keep business data isolated by department or channel. ChainDrive utilizes a centralized database to collect and store information securely. But stored information is useless unless it can be accessed and analyzed. To do that, a number of tools provide the solution:
- Built-in business intelligence
- Intuitive and flexible data views, including dashboards
- Limitless integrated reports
- Ability to query, link, list, pivot, drill down and graph data using sophisticated data mining techniques
- Adaptable report generator, including report scheduling
- Real-time access to centralized data analysis
- Concise retail sales analysis
- Insightful and accurate key performance indicators
These tools have been designed in response to retailer’s pain points; solutions developed in collaboration with experienced retail professionals. They are intelligently designed to collect, integrate, analyze, and present key business information.
Decisions can now be proactive, leveraging historical, current, and comparative data in context as key issues unfold. Flexible views can be defined by the user, so the members of the team can each work with the style of presentation that is preferred. Enabling users to view data in dashboards, graphs, pivots and drillable lists frees decision-makers to move past collecting data and comprehend it.
Move Into Proactive Mode
ChainDrive’s Retail Analytics component gives the ability to monitor every aspect of the organization regardless of the level of detail. Accessing your data in meaningful terms consistently and comprehensively reveals patterns that signal a need for attention. This sensitivity to the pulse of your business moves you into proactive mode, able to anticipate action that will be needed and make decisions confidently. Your retail business kicks into high gear when this happens.