Unit C3, The Exchange, Calmount Park, Calmount Avenue, D12 ET20, Ireland info@realworldretail.com +353 1 6931433 or UK toll free 0-808-189-0617

Features for Retail

There is too much data to make real sense of what is happening.  You understand your KPIs but you find it difficult to measure the performance in real time.  You know you have too much inventory but cover for best sellers is also a concern.  You need to know what sells with what so you can layout the store better and improve the performance of promotions.  Too much power rests with the supplier, you need to tilt the information power back to you!  Leakage is a serious drain on the bottom line.

With Real World Retail (rwr) you only get the dashboards and reports that make a difference.  These lead to sensible decisions which have an immediate impact on your financial performance.  You get everything that’s important at your fingertips in a easy, visual and actionable way.

Here are some examples of the dashboards and high level reports you get.  You can have these customised for your unique requirements and with a click of your mouse (or finger on your tablet or smartphone) you can get a drill down into many of these.

 

1. Trading Performance Vs Budget, last year with stock on hand & weeks cover

 

Feature
  • See last week and year to date drillable dashboard versus budget & last year

 

Benefit
  • Take action on variances earlier to maximise opportunities, minimise shortfalls

 

 

2. Best Sellers, Trending Products, Worst Overstocks

 

Feature
  • See a dashboard and high level report of best sellers, trending products and worst overstocks

 

Benefit
  • Stock what the customer wants faster and free up stocks boosting cash

 

 

3. Dynamic Open to Buys

Feature
  • Report on what is available on open to buy without the need for complex planning

 

Benefit
  • Ensure that stock levels are correct to avoid expensive markdowns significantly boosting your cash margin

 

 

4. Transparent Intelligent Replenishment

Feature

  • See report of your recommended central replenishment order

 

Benefit

  • Take charge of your ordering so that you improve availability whilst reducing stock levels, growing sales, margins and freeing up cash

 

 

5. Store Grading and Sales by Metre

 

Feature
  • Track your stores sales by department and by meter

 

Benefit
  • Allocate more space to best selling categories and clear slow moving products to increase sales and faster stock-turn.

6. Supplier Performance Module

Feature
  • Analyse each of your suppliers so you can tell them how they are doing

 

Benefit
  • Gives your buyer better negotiating power to resolve issues and make better buying decisions.

 

 

7. Wages % of Sales, Cashier Performance

Feature
  • Analyse staff based on sales / transactions per hours worked

 

Benefit
  • Improve customer service whilst keeping staff costs tight.

 

 

8. True Basket & Promotional Analysis

Feature
  • Report on promotions and what other items were in the promotional basket

 

Benefit
  • Get additional customer flow and sales by targeting the right kind of promotions

 

 

9. Customer Analytics Facilitating One to One Marketing

Feature
  • Segment your Loyalty customer based on their visiting and purchasing behaviour

 

Benefit
  • Personalise your communication to your customers to get more loyalty and more sales

 

 

10. Markdown Analysis & Predictive Analysis

Feature
  • Analyse your markdowns and predict optimal markdowns to clear stock

 

Benefit
  • Markdowns are one of the biggest costs to a retail business, get to grips with them and see your profits grow dramatically

 

11. Price Point History and Trends

 

Feature
  • Track your price point history and trends

 

Benefit
  • Improve your buying to maximise margins and minimise stockholding

 

 

12. Product Inquiries and History for Buying

Feature
  • See reports of your history for buying and generate your own enquiries

 

Benefit
  • Buy better by identifying stock outs and linked sales to drive further business

 

 

13. Website & Social Media Analysis

Feature
  • See the performance of your website and electronic marketing

 

Benefit
  • Direct your electronic marketing budget to only what works

 

14. Various Audit/Security Reports

Feature
  • See the reports where cash can leak from your business without your knowledge

 

Benefit
  • Ensure that everyone’s hard work is safely reflected in the bottom line