RSi expands its Target product portfolio by adding applications for small to medium vendors.
MOUNTAIN VIEW, Calif. and BOSTON, Aug. 7, 2016 /PRNewswire/ — Retail Solutions Inc. (RSi), global analytics leader for POS analytics within the retail and consumer-packaged goods (CPG) industry, today announced at the NACDS Total Store Expo the introduction of two applications designed for small to medium sized vendors at Target. RSi, known for its premium services and best in class analytics for larger vendors at Target and other national retailers, specifically designed these offerings for companies that have limited resources and need fast and easy access to Target data. RSi team members will be on hand at the 2016 NACDS Total Store Expo, in Boston, August 7-9 in booth #564 to share further details and discuss the highlights of these newest offerings.
The first application is Retail Intelligence: Chain-Item-Week at Target®, a fast and low-cost solution that provides core reporting and satisfies the analytics needs of small to medium sized vendors. This application provides the same service and value that many vendors have come to expect from RSi, such as fast access to data while also catering metrics and reports to match their needs.
The other application, Retail Reporting+ at Target® was created around what is most important to consumer goods companies and was developed by RSi in collaboration with current customers calling on Target. This application offers a world-class library of compelling and insightful reports all within the familiar interface of Microsoft Excel. These content-rich reports will enable users such as Category Advisors, Sales Directors, Supply Chain or Retail Operations Analysts to quickly find insights and take action.
Additionally, these offerings allow small to medium size vendors to take their analysis to the next level with RSi’s advanced metrics such as Promotion Analytics (baseline, incremental, lift) ranking metrics, rolling period metrics, and many more. Both offerings include key business reports that meet the core reporting and analytics needs of these Target vendors while the enhanced and dynamic Retail Intelligence: Chain-Item-Week at Target® is customizable, and Retail Reporting+ at Target® delivers automated analytics in an easy Excel format. These reports provide vendors the ability and time to dig into the data to understand that sharp increase in sales, or that sudden lull.
“Understanding the current options and needs across Target vendors have led us to create these low cost and fast solutions specially engineered for Target SMB vendors,” mentioned Henry Li, Target Channel Director for RSi. “Our goal is to provide analytics’ services to all vendors at Target and there is simply no other offering in the market place that delivers this level of sophistication at this price and speed. Being able to introduce these Target offerings at NACDS TSE is perfect timing” added Li.
About Retail Solutions, Inc. (RSi)
Retail Solutions, Inc. (RSi) turns retailer data into opportunity – in the store, on the shelf and with shoppers worldwide. Designed to enable sustained operational excellence and to automate the path to purchase, RSi’s proprietary algorithms, business processes and suite of intelligent, cloud-based applications help the world’s leading consumer goods manufacturers and retailers listen and respond quickly to consumer demand – ensuring the right product is in the right store, at the right time. Each day, the RSi platform processes billions of records from over 175 major retailers in more than 150,000 locations around the world and turns this data into actionable insights for immediate, automated decision-making. From solving out-of-stocks to driving inventory down, from optimizing sales strategies to determining marketing ROI, RSi improves operational excellence and drives sales. More than 500 CPG companies globally, including such household names as Colgate-Palmolive, Nestlé, the Procter & Gamble Company and Unilever trust RSi. To learn more about the company, visit: www.retailsolutions.com.
Industry Relations/Marketing Manager