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


Interviews View All

Textile industry, Head honchos

Textile industry
Head honchos

GenNext is slowly but surely adapting to global trends and practices

Top executives, Machinery Company

Top executives
Machinery Company

We will promote latest technologies at ITMA Barcelona

Evelyne Cholet, UCMTF

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Kalai Selvi,

Kalai Selvi

Vidyashilp Academy in Bengaluru is the country's first Fairtrade School....

Oliver Schmitz,

Oliver Schmitz

Germany-based Gmöhling is a leading manufacturer of aluminium containers...

Alphonse Reddy,

Alphonse Reddy

Bangalore-based Sunday designs and makes mattresses and accessories that...

Sven Ghyselinck, Devan Chemical

Sven Ghyselinck
Devan Chemical

Headquartered in Belgium and with offices in the United Kingdom, Portugal...

Mary-Cathryn Kolb, Brrr°

Mary-Cathryn Kolb
Brrr°

Atlanta-based private start-up Brrr° was founded in 2014 to develop...

Isabel Herranz, European School of Business & innovation

Isabel Herranz
European School of Business & innovation

Cutting-edge ideas like the Internet of Things and artificial intelligence ...

Samar Firdos, Arvind Ltd

Samar Firdos
Arvind Ltd

<b>Samar Firdos</b>, Chief Manager (Design) at Lifestyle Apparel Denim...

Aditi Somani, Aditi Somani

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Judy Frater, Somaiya Kala Vidya

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

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

Leave your Comments


November 2019

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

Follow us on instagram

Follow

Follow Fibre2Fashion On


Advanced Search