spi iq for retailers
TRANSCRIPT
3rd Party Data• Weather• Syndicated• Flu occurrences• Census
Company Data• Shipments• Orders• Brand hierarchy• Store Alignments
What is SPI IQ?
Ops/FieldSupply Chain Marketing Category Sales
What can SPI IQ do for you?
Supply Chain
OperationsSales & Marketing
Category Management• Replenishment
• In-Stock• Inventory Levels
• Space Planning• Modular Planning• Assortment
• Price Elasticity• Exceptions Reporting• Promotion Performance
• Shelf Performance• Potential to Sell• On-Shelf Availability
Anticipated ROI• A complete hosted, data warehousing solution – never worry about having
your history for your future business
• Provide best in class dashboards, workbooks, and reporting for all business needs
• Exception Reporting, Alerts Engine, Data Visualization
• Minimize the manual day to day processes and automate all of your content
• Ad Hoc analysis and tools against all major areas of business: supply chain/inventory, category management, sales/marketing, operations, and more
Timely Data• The challenge many of us face, isn’t just collecting data and
analyzing it, but rather, accessing data in a timely manner.• Analyzing as Quick as your Data• Insights at the Speed of Retail
Big Data Overload• “Let’s take a look at the data.”• Companies already can’t cope with the data they have today, let
alone the data that is around the corner• Experts are predicting a 4,300% increase in annual data
production by 2020 • Easily Filter and Drill-Down • As Business Grows, can your System Scale
Structured, Digestible Field Data• Structured vs Unstructured Data
• Unstructured Data = Open responses (notes) Structured Data = Defined values (yes/no, 1-5 scale)
• Data from the Field provides clarity beyond just standard data such as Sales and Inventory
• Omnichannel …there is no longer an “online shopper” and “in store shopper” there is only a shopper
Insights to Action• Not just about data but the processes• Embedding the policies derived from those answers into a
business process• Slow & hesitant execution
• Insights available now can be used now to inform specific actions
Insights to Action
DESCRIPTIVE AnalyticsWhat has happened?
PREDICTIVE AnalyticsWhy did it happen? What will happen?
PRESCRIPTIVE AnalyticsWhat should we do?
Analysis Decision
Data Insight Action
Considerations
•Start with the end in mind•Identify the metrics or a combination of metrics available
•Determine the best presentation medium(s)
Contact Me
•Matthew RobinsonEmail: [email protected]: 479-531-9128LinkedIn: https://www.linkedin.com/in/matthew-robinson-78bb714