Lora Cecere, AMR:
Why did you adopt the Retail Solutions algorithm?
J.P Brackman, P&G:
It was easy. Their algorithm was out-performing ours. We tested theirs against ours and found that their systems was detecting 5-8x more OOS conditions than we were getting from our algorithm. [...] We were able to improve the ROI on the technology
to 5x original
expectations.
-J.P Brackman, Procter & Gamble, in AMR Research, Procter & Gamble Takes Action on Out of Stocks.
December 2007
(EDITOR’S NOTE: In this guest column, Retail Solutions CEO Jonathan Golovin discusses how Big Data can help old-school companies in today’s digital world.)
MOUNTAIN VIEW, Calif. — Silicon Valley is awash in “Big Data” companies providing new types of business analytics — ways to help companies sort through customer emails, online social-media postings or even suspicious web site traffic. Read the rest of this entry
ORLANDO – Ahold USA, Quincy, Mass., plans to launch a vendor collaboration initiative next month that will include sending POS, supply chain and merchandising data via a third-party to some number of its CPG suppliers in order to improve product availability and customer satisfaction. Read the rest of this entry
Besides price and convenience, other factors, such as loyalty programs, play a part in the importance of addressing the consumer’s role.
What’s the biggest SaaS company you’ve never heard of?
Company Adds New CMO; GM for Business Development & Innovation; and Chief Scientist to Deepen Focus on Marketing, New Solutions for Global Client Base Read the rest of this entry
Silicon Valley Company Adds 153 Jobs and Sees Revenue Soar 83% in Three Years
RSi Also Wins “Fast Private” Award from San Jose Business Journal Read the rest of this entry
Big-Data Analytics Provider Now Open for Business in Mexico
German retailer, Metro Group is to share vital data with Nestlé in order to improve on-shelf availability, according to press reports. Read the rest of this entry
Analytics by RSI improves business with Carrefour – Promotions and Shelf Availability / from Jörg Rode Read the rest of this entry
With New Partnership, Retail Solutions to Address One of the Fastest Growing Retail Markets and Extend Global Coverage
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Recently, a CPG social forum asked the question “Is ‘Big Data’ the most dominant theme this year in our industry?” If you look at the amount of coverage Big Data is getting, it well may be. However, when browsing through the literature on the topic, I realized that people may be forgetting about the most obvious Big Data opportunity, one that has been maturing at a dramatic pace over the last five years and which is now starting to fulfill its promises.
»Read More
Food Lion is testing a program that will give suppliers such as PepsiCo access to consumer data and purchase forecasts. “We’re moving to a consumer-driven supply chain,” said an official with Delhaize America during the Supply Chain Conference sponsored by GMA and the Food Marketing Institute. “And if you’re serious about a consumer-driven supply chain, you’ve got to react to what the consumer wants and to forecasts of consumer demand as opposed to just reacting to pulls from the warehouse [to stores].”
»Read more
“Vendor Pulse” Program Mirrors the Successful Implementation of Similar Program at Delhaize US, Focused on Improving Supplier Collaboration
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Manufacturer Partners with Retail Solutions to Drive Insights from Data at Five Retailers in North America
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Scott Denne of the Wall Street Journal profiles Retail Solutions as part of a series on start-ups that are having success in the area of “big data,” a catchall for the massive growth in storage capacity and processing power needed to manage large volumes of data.
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How Retail Solutions will provide manufacturers with point-of-sale data.
Read more here (in German).
»View the article in pdf format
America’s Premier Certified Organic Distributor to Leverage Retail Solutions to Power Retail Execution Management
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Attributes 5-year 1,111% Percent Revenue Growth to Enterprise-Level Adoption of its Solutions in the Consumer Goods Industry
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Retail Solutions was honored for the second consecutive year as one of Silicon Valley’s fastest growing private companies. The list compiled by the Silicon Valley/San Jose Business honors privately-owned companies on the basis of their revenue growth between 2008 and 2010. With a revenue growth of 47.8%, Retail Solutions ranked 40 on this year’s list.
Complete coverage of the awards and the winners is available here.
Virtually every consumer packaged goods (CPG) company has engaged into one or more downstream data programs with its core customers. The question is no longer whether to get started or not — it is now whether your company is amongst the industry leaders who are building a sustainable ROI from their investment in retailer data.
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