BI Applications for Boosting Retail

Retailers can use business intelligence in many ways, creating smart business solutions across the many challenges in the retail industry. Product sales analysis enables retailers to continuously monitor point-of-sale data to uncover sales trends, track product demand, and optimize merchandising strategies.

Multiple levels of analysis allow executives, store managers, product managers, and marketing analysts, as well as external suppliers, to make sense of the growing volume of transactional data by identifying trends and opportunities, as well as planning according to seasonal cycles.

In addition, specific analysis enables store-level managers, marketers, and executives to quickly and easily understand which product pairings, promotions, customers, and vendors are most profitable.

At MSP Consulting, we help retailers to stay competitive in a challenging industry. We believe that business intelligence properly applied to corporate data provides retailers with the insight they need to increase revenue, reduce costs, and meet consumer needs. Today, almost all Fortune’s Global 500 retailers rely on business intelligence architecture for their reporting, analysis, and monitoring of corporate data.

Our Business Intelligence applications provide retailers with an easy-to-use reporting and analytical capabilities of tremendous amounts of data across multiple sources, graphical dashboards and boardroom-quality reports and unconstrained analytical flexibility.

With the increasing challenges the retail industry is facing, retailers need to stay one step ahead of the competition and because MSP Consulting isn’t aligned to one specific software product, we can provide companies with the software platform they really need.

This is what makes MSP Consulting different and this difference allows retailers to make the best use of the vast amounts of information available to them, allowing them to operate more efficiently and increase revenue.