Accelerated Analytics is thrilled to announce that we have been named a finalist for Best Technology Solution Provider in the 2024 BeautyMatter NEXT Awards. This recognition is a testament to our dedication to innovation, excellence, and leadership within the beauty industry. “With everything we do, our first goal is how we bring value. The NEXT... Read more »
Many vendors have started to using EDI 852 data or retailer portal data for sales and retail merchandising, but so far, only a few are using EDI 852 data for forecasting of demand. But the reality is, vendor inventory at stores is often too low to meet demand and the rates of out of stocks… Read more »
Wal-Mart’s Retail Link* web site is a rich tool, providing vendors with a well of data for analyzing sales and inventory. The problem for many vendors is that Retail Link provides data, but storing the data, calculating metrics and providing users with analytics and reports can be a time consuming chore. Just this week I… Read more »
Home Depot vendors gain a critical advantage using Accelerated Analytics for point of sale data analysis. Home Depot vendors have the opportunity to use EDI 852 data to analyze their business and be very proactive in working with their merchants. A standard Home Depot EDI 852 document contains units sold, units on hand and dollars… Read more »
How to Calculate Weeks of Supply A metric fundamental to managing the retail supply chain is weeks of supply (WOS). Weeks of supply tells the inventory manager how long the current on hand will last based on current sales demand. By keeping your eye on weeks of supply, you can avoid inventory stock outs and… Read more »
What is EDI 852? EDI 852 is a standard data format used to transmit product activity data. Files are typically sent daily or weekly and will include sales activity by product, and for some retailers, inventory on-hand. Activity is typically summarized at a distribution center level, unless store level data is deliberately selected. Some… Read more »
Over the past month or so, we have been rolling out new sales analysis for our Home Depot vendors on market performance. Vendors to Home Depot using EDI 852 know buyers often want to receive sales analysis at a market level. What we often find, however, is the analysis conducted does not take into consideration… Read more »
Many vendors use displays at retail customers to drive higher visibility and increased sales. A floor pallet or wing stack with product is a popular display program. These programs are often offered to the retailer at a discounted price and usually require the vendor to absorb both the discount and the cost of preparing the… Read more »
If you have a seasonal product, is it best to run promotions during the core selling season or during the down season? I’ve been analyzing this exact question for a customer this week and the data can make a case for both approaches. On the one hand, it seems like running a promotion like a… Read more »
Retail sales consultant Retail Metrics Inc. predicts that the 30 national retailers it tracks will this week post a 3.4% gain in sales for December at stores open for at least a year. That is atop a 3% gain for December 2009. Overall, the National Retail Federation trade group forecasts that retail sales in November… Read more »
If you are a vendor supplying to Von Maur, you are eligible to receive product sales activity and inventory data via EDI 852. Preparing to setup and receive the EDI 852 files can be confusing, and creating usable reports for your team can be very time consuming. Fortunately, Accelerated Analytics® provides a simple, outsourced service… Read more »
