Tagged: data

What Tools Do You Use To Analyze Data?

The need to assess data appropriately and act strategically is what makes retail analytics so important. But when it comes down to the basics, there are two things that matter: the right tool and the right support....

Are You Analyzing The Right Stuff?

When retailers analyze their data, sometimes they do it traditionally. That can work very well for some aspects of your business, but it doesn’t always give you the answers you need to be competitive....

3 Ways Retail Analytics Are Useless

ChainDrive’s Integrated Retail Management Solution has built-in business intelligence – BI tools that takes retail analytics to a whole new level. But retail analytics are useless if: Your own data from your own business...

Measuring Success With Analytics

You can’t know if you are succeeding unless you are measuring your results. Retail analytics is an area of business that many retailers try to focus on but come up short on due to...

Using Exceptions To Prevent Loss

There are many reasons why you may experience a loss of inventory at the store level. Shoplifters Inaccurate reporting at the POS Product not added to inventory counts Failure to return defective products Product...