Edifice Introduces K2 Inc. to the World of Point-of-Sale Information Services
Edifice will automatically collect POS data from K2's retailers, build custom analysis reports and deliver the reports to their designated users every week in an easy-to-use MS Excel pivot table. K2 will use the Edifice POS Information Services to optimize current assortments and plan for next season's product mix. By using the Edifice Service K2 hopes to increase gross margins and improve trading partner collaboration.
“The suppliers and retailers utilizing the Edifice Reports are provided a simple means for sharing sales and inventory information up and down the supply chain. Manufacturer's representatives and Retail Buyers are collaborating more effectively and thereby routinely identifying new sales opportunities.” – Nick Illacqua, CFO/V.P. of Operations, Edifice.
Edifice POS Information Services give retail suppliers a competitive advantage with point-of-sale data collected from their retailers. Suppliers have the ability to customize their reports using item and location attributes important to their company. Edifice provides detailed sales and inventory information on a supplier's products at the corporate, division and store level. And, Edifice helps suppliers make sense of this complex information by presenting it in a way that is simple to understand.
Suppliers can choose from numerous reports in the Edifice Report Library including: Retailer Sales Comparison, Divisional Sales Comparison, Store Stock-out Exposure, Store Stock-to-Sales Analysis, Product Shipped-not-Selling, Markdown Exposure, Best Selling Product, Climate Analysis, Mall Analysis and many more.
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