Measuring Success With Analytics
You can’t know if you are succeeding unless you are measuring your results. Retail analytics is an area of business that many retailers try to focus on but come up short on due to a lack of tools, or not using the right tools. ChainDrive’s Retail Analytics module is a tool that you can rely on 24/7 365 days of the year.
The old adage “intelligence drives maneuver” is applicable here. Unless you know what is happening at each store and across the chain, you can’t fix problems nor can you chart a path to future growth.
With the right reports, you can analyze the history of point of sale transactions, merchandising, and other key components of your retail business to determine what is working and what is not. You can separate the wheat from the chaff in your retail operations to get to the bottom line more quickly and charter your retail chain operations to greater and more manageable success.
You’ll get key performance indicators for your entire organization and get them on time so that you can react quickly to underperforming areas of the company.
The data you get from ChainDrive is real-time data. That means you can see what is going on right now. With Advanced Report Writer, you can create your own reports to measure the data that is important to your unique retail operation. Key members of your team can view the data that highlights the information that is most meaningful to them, making it the most intuitive and flexible retail analytics package on the market.