Edifice Suppliers Can Maximize Value of Macy's New Data Stream

New offering from Edifice enables suppliers to fully utilize expanded data and better align themselves with Macy's much publicized strategy of providing more localized assortments

RIVERDALE, NJ - Feb. 18, 2009 - Edifice Information Management, an information services company specializing in the collection, analysis and distribution of demand data used by retailers and suppliers to improve supply chain efficiencies, today announced a new program to help Macy's suppliers fully utilize the new and expanded Macy's data stream.

Macy's has begun providing suppliers with a greatly expanded data set that if fully utilized, will allow suppliers to align themselves with Macy's much-publicized strategy of getting closer to the consumer by providing more localized assortments. Suppliers who use Edifice services will be able to quickly and easily take advantage of this new data. Edifice's fully hosted reporting service offers Macy's suppliers decision-ready reports and easy-to-use analysis tools that can be used to manage sales and inventory at the UPC and store level, reducing out-of-stocks, providing more localized assortments and ultimately improving consumer loyalty.

"As the department store channel has consolidated, retailers are being challenged to manage more stores and products with fewer resources," said Stephen Cornwell, director of marketing and product development, Edifice Information Management. "Providing this level of information to its suppliers will enable Macy's to manage its business more proactively. Likewise, as suppliers gain a better understanding of how their products are selling through Macy's stores, their discussions with the Macy's buying team can be more productive and focused on mutual business improvement."

"We have been providing POS reporting services to many suppliers of Macy's since our company's inception," said David Pesce, vice president of business intelligence, Edifice Information Management. "With the sheer volume of products that flow through Macy's supply chain each and every day, our customers are always looking for opportunities to improve sales, margin and turn. This added data content will allow them to have a more accurate picture of actual inventory on-hand, enabling them to create more optimized stock and sales plans and increase sales opportunities."

About Edifice Information Management
Edifice is an information services company specializing in the collection, analysis and distribution of demand data used by retailers and suppliers to improve supply chain efficiency. Through our POS reporting, analysis training and support services, we enable retailers and suppliers to work from a common data set to quickly identify opportunities for increasing sales, optimizing inventory and reducing costs. Our broad industry perspective - which includes apparel, footwear, sporting goods, home goods, cosmetics and home improvement - allows us to help both large and small companies realize the benefits of demand-driven retail analysis.