Category: Retail Analytics

analytics communication

Retail Analytics Optimized For Profit

ChainDrive’s Integrated Retail Management solution includes analytical tools that enable comprehensive, accurate assessment of every aspect of the enterprise. Because business intelligence is built into the platform and data is collected as it is...

Retail Analytics or Magical Thinking?

It may seem odd to combine magical thinking and retail analytics but many managers do this without realizing it. It happens when insufficient data and inadequate tools are being used to make business decisions....

analytics communication

4 Things Retail Analysts Need To Get To The Next Level

Unless you have the tools to collect, integrate, analyze, and present your key business information, retail analytics is ineffective and your business is going to stay where it is. The ChainDrive Retail Analytics component...

analytics metrics

What Should You Measure?

Analytics is one of the most important aspects of retail operations management. Without it, you have no idea how your business is doing or what you can change to improve your operations. One of...

analytics metrics

What Performance Indicators are You Measuring?

Success in retail is dependent upon a number of factors. One of those factors is your analytics package. You should ensure that you are measuring the right performance indicators and that you are using...

analytics metrics

What Can Retail Analytics Help You Measure?

It’s important, in the retail business, to be able to measure your progress to determine if your business is successful, profitable, and growing. But what exactly should you measure? Every retail business is different....

key performance indicators

Analytics: You Can’t Change What You Don’t Measure

You know the old adage, you can’t change what you don’t measure. It’s true. If you want to impact change within your retail chain, then you need to get in the habit of collecting...

key performance indicators

How to Get Better Retail Business Intelligence

Business intelligence isn’t easy to come by, especially in the retail sector. But if you’re going to stay on top of the information you need to run your business, then you need a way...

analytics metrics

2 Mistakes That Can Destroy Your Retail Analytics

Retail Analytics is what makes effective management possible. After all, if your analytics is off, the decisions stemming from that analysis will also miss your target. So which two common mistakes do retailers need...

analytics communication

How To Communicate Retail Analytics

One of the realities of any business is the need to communicate within the organization. This is true of retail analytics, too. Software that is designed to make both analysis and communication optimal equips a...