Retailers Improve Pre-Season Plans and In-Season Adjustments with Q Localized Assortment
Atlanta, GA (PRWEB) October 10, 2012
QuantiSense, the leading provider of retail analytics and decision orchestration solutions, today announced additional capabilities for localized assortment planning in the QuantiSense Decision Orchestration Platform™. With Q Localized Assortment, buyers and planners have an automated scoring machine that analyzes assortments and items, store by store, across a number of performance areas.
Today’s retailers simply cannot afford slow turns, inventory imbalances and under-performing locations. Q Localized Assortment helps address these issues by augmenting existing planning and allocation systems and vastly improving the related pre-season and in-season assortment planning processes. These new capabilities provide the knowledge required to make significant improvements in assortment mix and balance, ultimately driving higher sales, margins and inventory productivity.
“QuantiSense provides a robust, flexible system that helps optimize our local merchandising assortments,” said Dennis Hernreich, COO and CFO of Casual Male Retail Group. “Our buyers, allocators and planners can all make better informed decisions using the powerful analytics from QuantiSense,” he continued.
With Q Localized Assortment, QuantiSense has elevated pre-season and in-season assortment planning and management. This new offering includes analytics that surpass traditional business intelligence tools, automatically tagging exceptions with the QuantiSense Retail Exception Engine and then recommending the appropriate action. Using Q Localized Assortment merchants now have the power to:
- Monitor store performance with automated store-level scoring on a weekly basis
- Review detailed results assortment by assortment and store by store
- Score your store inventory by a range of factors including size productivity, price and depth
- Track sales, sell thru inventory and gross margin performance at store grade and region
“Our solution gives buyers and planners the ability to constantly analyze mountains of data at a much deeper level – at the assortment and item view in each store,” said Jeff Buck, CEO, QuantiSense, Inc. “By tailoring local assortments retailers are seeing a substantial payoff from increased sales,” he continued.
Leading retailers outpace their competitors by using the QuantiSense solution as a comprehensive platform that helps orchestrate more profitable merchandising and store operations decisions. Unlike spreadsheets or traditional BI systems, the QuantiSense Decision Orchestration Platform™ provides executive dashboards and personalized Retail Scorebooks designed to deliver intuitive business graphics — via desktop or mobile access — that empower users to quickly identify trends and highlight problems, accelerating the decision making process. Then Retail Playbooks™ ensure consistent use of best practices for team members ranging from merchandising executives, buyers, allocators and planners to store operations. QuantiSense utilizes a proven methodology and toolset that allows retailers to begin realizing value in as little as 60 days.
About QuantiSense, Inc.
Based on a decade of experience delivering business intelligence solutions, QuantiSense offers a fresh approach to retail analytics. Using the QuantiSense Decision Orchestration Platform™, retailers can finally combine business intelligence with industry best practices to ensure the most profitable merchandising and store operations decisions. With top 10 rankings across 28 categories in the latest RIS Software LeaderBoard for retail technology, QuantiSense is known for its 60-day implementation and high customer satisfaction. Customers including Burlington Coat Factory, Casual Male Retail Group, The Gap, Hallmark Cards, Michaels, Pacific Sunwear and Restoration Hardware use Retail Playbooks™ to deliver operational excellence. Visit http://www.QuantiSense.com.
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