Home / Knowledge / News / Information Technology / Premier of Netezza's Retail Analytic Appliance at NRF 2010
Premier of Netezza's Retail Analytic Appliance at NRF 2010
12
Jan '10
Netezza Corporation, the global leader in data warehouse and analytic appliances, announced the Netezza Retail Analytic Appliance, a breakthrough solution in retail business intelligence. The Netezza RAA is a turnkey analytic application solution for retail merchandisers, planners, allocators and store managers.

Available immediately as a single, pre-configured and pre-integrated solution, it includes all the required components for powerful retail business intelligence. The business benefits of the Netezza RAA include:

• Streamlining inventory to reduce overstocks;
• Proactively finding and reducing out of stocks;
• Finding and removing stale inventory to increase margins; and
• Enabling customer-centric retailing for retailers without a loyalty card.

The Netezza RAA also delivers critical and unique innovation a collection of role-based “Playbooks” that guide users immediately to store and take inventory corrective actions that improve operations in real time and drive profit. All Playbook components come from customer-proven, best-in-class delivery of key drivers to retail success, including streamlining out of stocks and overstocks, handling seasonal inventory, managing purchase orders and vendors, buying and planning success and other key retail data-driven processes.

“The components of the Netezza RAA let us make more profitable decisions when executing our critical merchandising processes,” said Dennis Hernreich, COO and CFO of Casual Male Retail Group. “From localized assortments to seasonal inventory management, the key decision-makers in our organization use best-practices retail Playbooks to improve our business.”

The Netezza RAA also offers a chance for retailers without loyalty cards to engage in the same customer-centric retailing best practices used by card retailers. Through use of market basket analytics and understanding profitability and inventory, the Netezza RAA can help retailers see the effects on consumer segments of specific merchandising and promotion decisions. The Netezza RAA ships with more than 1,200 metrics and dozens of reports, many tied to specific business processes, making it easy and effective for even the newest merchants to recognize and handle out of stocks, plan and order inventory and keep all key performance indicators (KPI's) in successful ranges.

“The Retail Analytic Appliance is the natural result of several successful deployments at retailers. The offering also makes a great deal of sense at a time when retailers need and want to add to very granular business intelligence capabilities, but need to do so with an eye towards fast return on investment (ROI) and manageable risk.” Source: Janet Suleski, AMR Research, “Netezza Launches Retail Analytic Appliance at NRF,” January 11, 2010. “The QuantiSense Playbooks are still unique in the retail BI market, and Netezza's speed and price point have made it an attractive option for retailers needing to scale their data warehouses.”


Must ReadView All

Apparel/Garments | On 26th Sep 2017

US raises annual AGOA quota for textiles

The US Committee for the Implementation of Textile Agreements has...

Textiles | On 26th Sep 2017

Gujarat hopes extended textile policy to attract Rs 5000 cr

The Gujarat government feels that its recent decision to extend its...

Apparel/Garments | On 26th Sep 2017

Cash burn by e-tailers in India may double during festivals

During this year’s festival season, which has already started,...

Interviews View All

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

September 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
75.0%
No
12.5%
Skip
12.5%

Total Votes: 48

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.5%
No
25.0%
Skip
12.5%

Total Votes: 48

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.5%
No
6.3%
Skip
6.3%

Total Votes: 48

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.8%
No
10.4%
Skip
18.8%

Total Votes: 48


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search