Surprisingly, more than 70% of retail companies use Excel as their principal tool for planning, demand forecasting and optimization. Many of these companies are in “Spreadsheet Hell”, a continuing state of inefficiency and disruption related to using Excel for cross channel merchandise and assortment management. Dozens, and even sometimes, hundreds of spreadsheets are used throughout an organization and its extended enterprise with incorrect or inconsistent formulas, inaccurate numbers, no central repository of information, and no version control. This leads to major inefficiencies, frustration, and decisions made based on incomplete information. And even with this enormous amount of data everywhere – information on sales, inventory and profits – it is generally not available in an aggregated view to intelligently take action.
3. What You Will Learn Today
I. How to get off Excel
II. How to have more intelligent information at
your fingertips
III. How to get a Monday morning aggregated
sales/inventory/profit report
IV. Where does your organization fit on the
Merchandise Maturity Model
9. Enterprise Class Platform and Cloud Infrastructure
• Standards Based • Extensible
• J2EE, Oracle, MS SQL Server, • Web services
browser based • Integration services
• Service Oriented Architecture (SOA)
• Industrial strength security • Cloud
• Elastic scalability and resource
• Scalable allocation
• Horizontal clustering • Dynamic provisioning
• Service multi-threading • Fine-grained control of computing
• Database optimizations resources
• Network compression • Enterprise class interoperability and
access
• Global • Security, privacy, integrity and SLA’s
• Multi - language • Extreme- transaction-processing
• Multi - currency (XTP) grade performance
• Multi - division enabled • Multitenant
configuration, customization and
• Global deployment
version control
10. The 7thOnline Difference
Key Differentiators
• Retail Industry DNA
• Only Solution Provider with Cross Channel Strategy
• Advanced Proprietary Algorithms
• Consumer Demand Centric Solution
• User-Driven Embedded Business Intelligence & Analytics (No IT Required for Reporting)
• Familiar “Excel-like” GUI
• Scalable, Enterprise Class & Cloud Infrastructure
• Fastest Time to Value – Rapid Implementation Approach
• Proven ROI
• Proven Track Record with Leading Retailers, eCommerce and Vendors in
Apparel, Footwear & Accessories
11. Thank you
Questions?
Please contact me at jinman@7thonline.com
or call 212.997.1717 ext 327