If you have not talked to Retail Solutions on lessons learned from these pilots, you should. Retail Solutions is successfully managing a software-as-a-service (SaaS) model to help CP companies gain insights on inventory movement. This type of inventory fingerprinting is essential to better understanding promotion execution.
- Lora Cecere, AMR Research, '10 Cool Technology Applications for Consumer Products,' May 17, 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?
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
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.
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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].”
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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
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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Retail Solutions is proud to announce that two of its customers case studies, featuring the Procter & Gamble Company and Kimberly-Clark, have been retained as industry best practices for the new GMA New Ways of Working Together Web Site.
The New Ways of Working Together framework was established to help facilitate enhanced trading partner collaboration designed to jointly grow their businesses. To learn more on this framework and to read Retail Solutions’ case studies, please click here.
For the second consecutive year, Retail Solutions was recognized by Inc. Magazine as one of the fastest growing companies in America. With a 3-year growth rate of 404%, Retail Solutions ranked #68 in the software category.
For more information, please read Retail Solutions’ profile on Inc. Magazine’s website.
There is more downstream data being shared in the industry today than ever before. CPG leaders have now implemented downstream data programs covering tens of thousands of stores in the United States alone, with international markets the next frontier. If you are not part of this group, what should you look out for?
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Retail Solutions is proud to be featured on Lead411′s 2010 list of the “Hottest Companies in Silicon Valley”, recognizing companies achieving 150% increase in revenues over the past 2 years with over $3M in revenues or receiving $11M+ in funding in the past 2 years. According to Lead411, an initial list of over 4,000 companies was narrowed to a shortlist of just over 100 companies.
Retail Solutions on its way of becoming a USD 200m deal for Investor AB
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Retail Solutions, a Mountain View, Software-as-a-Service solution provider helping consumer goods manufacturers analyze point-of-sale data, has risen $15.2M in Series C funding. [...] The recent funding round was led by new backer Investor Growth Capital, with existing investors Venrock, Bessemer Venture Partners, Red Rock Ventures and SAP Ventures joining in.
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“For a large company like Procter & Gamble, what Retail Solutions Inc. does is like having a personal assistant in every supermarket across the country.”
»Read more (registration required)
Jon Golovin, CEO and Chairman of Retail Solutions, will be participating to the upcoming Consumer Goods Technology/Retail Information Systems webinar, “Creating One Version of the Truth: Key Takeaways from the 1st Annual Retailer/Supplier Shared Data Study”.
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