United States Of America : ERS integrates Rolling Forecast System & Retail Synthesis

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Home / Knowledge / News / Information Technology / ERS integrates Rolling Forecast System & Retail Synthesis

ERS integrates Rolling Forecast System & Retail Synthesis

30
Jan '14

Enhanced Retail Solutions (ERS), a leading provider of Software-as-a-Service (SaaS) retail analytic and demand planning solutions to suppliers and their retail trading partners, announced the integration of their Rolling Forecast system with Retail Synthesis, their state of the art Business Intelligence module.

One of the biggest challenges any company faces is integrating data from different sources onto one platform from which business decisions can be made. This integration provides an unprecedented opportunity to understand the state of one’s inventory position and find opportunities and liabilities that would otherwise go unnoticed.

Accurate forecasting requires great discipline - When working with hundreds or thousands of SKU’s it can become a daunting task. That’s why ERS has set up a system that significantly reduces the amount of time it takes for a planner to catch trends and find the opportunities and liabilities that are buried deep inside this data.

Forecasts can be scheduled to automatically run in the background on a weekly basis. Once run, the key values (sales estimates, recommended buys, inventory position, etc.) are integrated into ERS’ Retail Synthesis Business Intelligence module. This enables the user to get customized, interactive views of their forecast using grids, pivot tables, comparison deltas, graphs, Google Visualizations and dashboards.

Using the filtering capability, exception reports can be created and automatically emailed to users. According to Jim Lewis, Founder and CEO of Enhanced Retail Solutions, “This means users can spend less time deriving and pouring over the forecast and more time focusing on what action to take on the styles & SKU’s that need the most attention.” Users can integrate up to 9 different charts, grids, pivots, visualizations into a dashboard than can be viewed online or automatically emailed as a PDF to a user group.

About Enhanced Retail Solutions LLC:

Enhanced Retail Solutions is a New York based software and consulting firm specializing in retail analysis and Demand Planning for the manufacturer and their retail partners. ERS' state of the art software tools and consulting deliver critical data quickly, easily and cost effectively, adding over one hundred million dollars to their clients' bottom line. ERS' broad customer base includes industry leaders in the Electronics, Consumer Products, Apparel, Footwear, Home Textile, Toy, Home Decor, Home Improvement, Housewares and Food Industries.

Enhanced Retail Solutions

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