Retail for SAP Business One Dashboard

Retail for SAP Business One
Dashboard

Actionable data for Proactive Decision Making

iVend Dashboard

Overview

iVend Retail Dashboards comes as an integrated part of the iVend Retail for SAP Business One Retail Management Suite. It is a set of pre-packaged business intelligence tools for the management of the retail enterprise. Seamlessly integrated into iVend Retail, Retail Dashboards leverages transactional data of the overall retail environment to generate context-specific detailed insight, which is functional and actionable.

Retail-specific, intuitive Dashboards provide strategic and tactical insights for faster and effective decision-making. For insight on the move, Retail Dashboards can be opened on compatible iOS and select models of Android devices, as they make use of proprietary iVend APIs.

Succinctly put, deriving meaningful and actionable information from accrued retail data was never easier.

Increase Sales-Actionable insights

Consider how you resolve midseason inventory adjustments. For example, once a retailer knows which items are fast-moving or slow-moving, the retail store will never be underinvested in fast moving, high-margin areas. Using Retail Dashboards, the retailer can see real-time stock-out information and very quickly find out which items are missing, then redo order management or pricing.

Draw insights into customer buying patterns

iVend Dashboards help retailers sketch out relevant, personalised and targeted offers via the customer’s channel of choice, increasing customer satisfaction and incremental revenue while eliminating promotional waste.

Driving revenue, protecting margins and earning customer loyalty

Dashboards help retailers track the variance of customer behaviours, week on week, month on month, year by year among channels, enabling segmentation. Hence, then they can strategically align their operational functions in accordance.

Provides ability to analyse, act and maximise profits

Receiving early cues for emerging trends, changes in attitudes and the need to make changes in purchase decisions can help in averting situations of over-stock or possible stock-outs.

Information representation on a high, aggregated level

iVend Dashboards helps to influence customer behaviour such as frequency, upsells, cross-sells, and market basket-size by using rewards-like tiered loyalty programs, exclusives and pre-sales that are relevant to the customer, while enhancing retailer profitability. With Dashboards, it is easier to provide information through unified views of data preventing conflicting interpretations and decisions.

Displaying data in context, e.g. by benchmarking KPI values against comparable values, Dashboards provides user-specific information in a role-based environment, enabling faster decision making and avoiding information overload and clutter.

Store Analysis

  • Net Sales Vs Transactions
  • Transactions on POS
  • Store wise Net Sales analysis
  • Average sales transactions/store
  • Month on Month Analysis
  • Top performers & bottom performers

Customer level analysis

  • Company & Individual Contribution
  • Sales trend of each time
  • Calculation of basket size from generated revenue
  • Customer Type Vs. Net Sales Trends
  • Transactions Vs. Salesman

Payment Analysis

Store wise & trend analysis by various payment modes

Promotions

  • Promotional Sales Vs. Overall sales Analysis
  • Statistics by Promotion Type

Sales Persons

  • Top Performers
  • Trend Analysis
  • Individual Contribution

Side by Side Analysis

  • Product Group /product-comparison by adhoc groups
  • What sells more with what
  • Strategic Insight to determine promotions and combos

Product analysis

  • Product wise contribution in total sales
  • Product store wise net sales
  • ABC analysis by products
  • Upsells & gift certificates
  • Special categorisation for lost Sales
  • Newly Introduced & Non Moving Product Indicators

Inventory Snapshot

  • In Stock & available Stock
  • Actual Stock display, keeping aside the committed stock
  • Reorder Alert basis average weekly, net quantity vs. available quantity
  • Shrinkage details based on actual stock take to ascertain pilferage

Comparative Sales Analysis

  • Net sales Growth Comparison for Store, Product group, product Drill-down

Attribute Analysis

  • Attribute & sub attribute analysis for Matrix Child Products
  • Trend Analysis

Loyalty Dashboard

  • Overview
  • Finance
  • Member segmentation
  • Store view
  • Plan performance
 

Store View

Inventory Snapshot

Sales Bottom Performers

Sales Contribution

Sales Top Performers

Sales Trend

How Does It Work

This video talks about the importance of Dashboards with specific reference to the retail industry with iVend Dashboards as the application of choice. It also demonstrates the application for the different stakeholders in a retail organisation.

It has been acknowledged through various studies that all channels across Retail verticals gain from a BI solution and given that e-commerce and mobility are relatively new channels of sale – they tend to gain more. We show the application in detail with its inclusive set of pre-packaged, shrink wrapped Business Intelligence dashboards specifically for retailers.

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