spi iq for retailers

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SPI IQ for Retailers MATTHEW ROBINSON

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SPI IQ for RetailersMATTHEW ROBINSON

1. SPI IQ solution

2. Benefits

3. Features

4. Case study

AGENDA

5. Questions?

• Your time is money!

Why is it important?

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

Data Best Practices

•Automated•Timely•Historical•Flexible•Storage

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

Live Screen – SPI IQ

•Navigation•Dashboards•Automated Reports•Workbooks•Alerts

Considerations

•Start with the end in mind•Identify the metrics or a combination of metrics available

•Determine the best presentation medium(s)

Questions?

Contact Me

•Matthew RobinsonEmail: [email protected]: 479-531-9128LinkedIn: https://www.linkedin.com/in/matthew-robinson-78bb714