We have been working with a retail business which switched to our Point of Sale software early this year, helping them drive value from the business performance data we are now cultivating for them.
Using one of our reports, the powerful Ranked Sales Report, we have been able to identify more than $10,000 in inventory items which are not selling sufficiency quickly in the retail business to justify the floor space they occupy.
Using the data from our report, the retailer is working on quitting the items and creating a new category opportunity within the business.
Being able to identify the inventory items which are not performing, with certainty, is key to making these types of moves in retail. It’s where we help not only in providing good reporting tools but helping our retail partners to make decisions based on what can be discovered through the reports.
This is another example of the Tower AdvantageTM in action for our customers.