Turn POS Data Into a Competitive Advantage
For suppliers, the challenge with POS reporting is not a lack of data. It’s a lack of actionable information. The variation in POS data from retailers makes it difficult to extract useful information in a timely manner. Plus, the typical spreadsheet-based and EDI 852 reporting approaches are rudimentary, labor-intensive and fraught with data-integrity issues.
The Edifice POS reporting service standardizes the process of obtaining actionable POS information and analysis from your retailers, reducing the time associated with transforming demand data into useful information. Edifice also provides your sales force with the information it needs to make you a more valuable supplier and turn you into a trusted partner. And it helps both you and your retailers get closer to the consumer through improved inventory, merchandising, pricing and promotional decisions.
Features and Benefits
How To Get Started
Getting started with our reporting service is fast and hassle-free. Once we determine your reporting and analysis needs, we will guide you through a simple setup process. We manage the entire process from that point forward. It's that easy.
Each week we collect and normalize POS data from each of your retailers. We run it through our intensive quality assurance processes, transform it into useful information and post it to our portal for you to use. We take ownership of the entire process-from data collection to report delivery to training and support. The result: timely and actionable POS information delivered in a consistent format.
In addition to retailer-specific reports, with Edifice you also get weekly corporate POS summaries. These consolidated reports enable you to gain a fast and broad overview of sales and inventory performance for all of your retailers.
Our sophisticated quality-assurance process for POS data is the result of years of development and refinement. When you work with us, you no longer have to spend valuable time trying to reach a consensus on the data's meaning and validity. You can just focus on interpreting and analyzing POS information-and making better decisions.
Edifice reports provide you with the detailed data you need to understand consumer merchandise preferences. UPC and store-level information enables you to optimize assortments by showing you where specific products sell best. It also helps pinpoint where inventory imbalances are occurring. And it alerts you to which items should marked down or transferred to other stores.
Using Edifice, you will be able to access POS data and reporting for all of your retailers using a suite of business intelligence tools available through our collaborative web portal.
Through Edifice's dashboard reporting, you'll gain fast and broad overviews of the health of your business without the need to invest in costly BI software. Drill down into retailer scorecards to analyze sales, margin and turn for all your retailers. Access visual analyses of your KPIs through charts and graphs. And gain visibility into key metrics such as same-store sales, margin, turn, sell-through for one or all of your retailers.
With better information and improved consumer insights, you will be in a better position to advise your buyers of trends that are occurring in the marketplace. This will enable them to provide more localized and profitable assortments, better allocations and more optimized pricing-factors that keep consumers shopping longer and more often.
Pre-configured, decision-ready reports allow you to start realizing immediate value from the Edifice service. Designed by our experienced retail analysts, these reports are the product of years of customer feedback and our expertise in the retail domain. Examples of decision-ready reports include stock-to-sales analysis, stock-out exposure, top products, top stores and promotional effectiveness.
Our decision-ready reports will likely give you most of what you need to drive immediate value. However, we also recognize that every organization is unique and will have different reporting needs. The Edifice reporting platform was built with this in mind. Its flexibility allows us to tailor reports to conform to virtually any requirement.
We can integrate your retailers' POS data with your own item and location masters and internal supply chain data. We can also incorporate data feeds from a number of third-party sources such as demographic, climate and mall information providers. This can help yield even greater consumer and sales insights and provide you with a competitive advantage.
Through our retail analysis and business intelligence training sessions, you will discover how to use your retailers' POS data to identify more opportunities and respond more proactively to consumer demand. Training is provided through on-demand videos, as well as web-based and on-site seminars.
To use the Edifice service, there is no hardware or software to buy and install. And no need to tie up valuable IT resources. Better yet, you can leverage your investments in existing EDI systems and IT infrastructure to get up and running quickly.
Edifice has changed the economics of capturing, distributing and analyzing POS information by employing the latest technology and creating highly automated processes. We have made POS data, reporting and analysis affordable for all suppliers, large and small.