Retail
Overview — Performance Management in Retail
Leading retail organizations trust IBM Cognos software to manage operational costs, improve store performance, and drive profitable growth. For them we offer:
The right technology and solutions
IBM, provides an integrated platform for retail performance management. It aggregates and leverages critical data, and delivers the scorecarding, reporting and analysis, and planning tools to optimize performance. With IBM Cognos software, retail organizations can improve their ability to make timely, informed decisions in all areas—store operations, marketing, merchandising, IT and finance.
IBM Cognos performance management software enables retailers and chains to:
- Align their corporate and store operations around critical revenue and profitability targets; and quickly adjust plans and resource allocations to achieve profitable growth.
- Identify, report on, and analyze trends to respond to consumer buying needs and behavior.
- Gain visibility into key metrics across the chain: sales, labor, inventory, and promotions.
- Monitor turnover and employee productivity.
- Increase cost savings by comparing and benchmarking performance across stores, channels, regions, and divisions.
- Optimize merchandise levels, minimize out-of-stocks, and manage inventory costs.
The fastest methods
To speed software deployment and maximize ROI, IBM offers a full suite of IBM Cognos Performance Blueprints. The Blueprints address planning and performance management process areas that directly impact an organization’s ability to create business value. They consist of pre-built data, process, and policy models based on proven best practices in retail planning, budgeting, and forecasting. They provide the fastest means to effectively align strategy and execution:
- Store Operations (P&L)
- Store Development
- Strategic Promotions Planning
- Financial Merchandise Planning
- Financial Workbench Planning
The requisite experience
Many of the top players in this industry already choose IBM Cognos software, including:
- Over 500 retail stores and chains globally
- 30 percent of the world’s top 250 retailers
- 36 percent of the top 100 retailers in North America
- IBM Cognos Retail Performance Blueprints
- IBM Cognos solutions for Finance, HR, operations, and many other retail departments
- View all Retail Resources
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