Mantaq BI focuses entirely on merchandise management, providing a rich platform to analyze data from various business perspectives generating insights on real time data based on dimensions such as product, store, time and price and, hence, plan accordingly.This business intelligence helps you to look deep inside the facts and arrive at necessary and timely tactical as well as strategic decisions pertaining to historical sales analysis, fast/slow mover analysis, over/understocking, assortment rationalization, inventory ageing, vendor analytics etc. In-depth data analysis unfolds hidden trends and patterns, building onto which you can always improve the availability of merchandise on the stores. Hence, better sales and improved profitability.
Mantaq BI is offered using Microsoft Excel, the most popular tool amongst the retailing analysts that never stops you from building onto what is already available, and inculcates the following:
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- Integration with any POS system
It can seamlessly integrate with any third party Point-of-Sales (POS) system where the required transaction data from that system can be pushed into Mantaq BI data warehouse to avail complete functionality.
To facilitate retail analysts, comprehensive pre-built dashboard views have been formulated. With just a few clicks, the graphical and tabular data helps you understand trends and patterns across cities, stores, time, product price, department and category. The following graphical representations (dashboard analytics) bring out meaningful facts that can answer many questions and hence save your time and energy to invest on the right track:
- Sales trend
- Inventory snapshots
- Profitability & turnover
- Price brackets analysis
You can generate need based customized reports for your business in order to view data as per your desired format (dashboard analytics). It helps generate analyses like assortment breadth, top items performance, product life cycle, mark downs and inventory ageing, for pre-season planning, in-season replenishment/reordering and season closure. The generated reports can easily be saved in excel format for future updates and reference.
- Pre-built key performance indicators
To quickly review performance key busines indicators are provided, such as inventory turnover, sell through, gross margin, gross margin return on inventory investment and many more.
To make the business intelligence easier yet comprehensive, data filters (like year, quarter, month, product, brand, category, store, region) assist you in eliciting the essential data at narrowed or widened scopes.
- Data refresh for latest network information
Pull the transactional system data in order to instantly refresh your reports according to the updated snapshot. |
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