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Software Functionality Revealed in Detail
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 retail profitability


What Drives Profitability
Growing customer sophistication and lifetime value means managing customer behavior is key to long-term profitability. Customer profitability and customer

retail profitability  error. For example, in retail stores, high volume purchasers may only purchase when items are deeply discounted and have a propensity to return items after they can be effectively resold leading to write-offs. For manufacturers, large volume customers often demand large discounts and other special terms or services. As a result, when the true net profit is calculated the results are often counterintuitive. Lifetime Value Another important concept to customer profitability is lifetime value. A straight

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Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

Compare Now

PLM for the Retail Industry

Product Lifecycle Management (PLM) for Retail is an evaluation model containing tailored PLM criteria and extra functionalities that serve the specificities of this industry in order to help fashion goods (including apparel, footwear, accessory, and home fashion) manufacturers and retailers to achieve more efficient product development, lower cost, and better collaboration and control throughout the whole supply chain.  

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Documents related to » retail profitability

The Profitability Perspective: How Automated Reporting Drives Better Decisions


Driving sustainable growth requires profitability-focused planning and performance management. Most companies have some type of profitability reporting—but many are investing a lot of effort to produce this information. And the limitations to the information companies currently compile may have a significant impact on decision making. Learn how automating profitability reporting can help your company improve decisions.

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A Clear-cut Approach to Collections Is Essential for Profitability


In 2002, US suppliers wrote off more than $18 billion (USD) in bad checks. And the bankruptcy picture has certainly not improved since then. Companies that act quickly to secure overdue accounts are the companies that have the best chance of remaining in the black. The SYSPRO Collections Module automates debt collection, and can help address this acute need.

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Operational Excellence: The New Lever for Profitability and Competitive Advantage


Better. Faster. Cheaper. Every company is grappling with these concepts today as economic uncertainty spreads. Though many are focusing on what to eliminate in their operations, leading firms are redoubling their efforts to find new ways to execute with greater efficiency—to achieve operational excellence without sacrificing the value their customers expect. Learn more about improving your strategic competitive advantage.

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Leveraging A Demand-Driven Manufacturing Model to Enhance Profitability


Successful demand-driven fulfillment manufacturing, include optimal channel and customer relationships, informed on-line buying and selling, order fulfillment, and integrated operational infrastructures. Manufacturers need to overcome challenges to demand-driven fulfillment by implementing a system that supports flexibility, openness, visibility, planning, e-commerce, collaboration, and integration where the ultimate objective is to minimize waste and optimize resources.

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JDA’s Big Data Retail Analytics Provides Omnichannel Insight


Retail planners and store managers are sitting on a potential treasure trove of customer data, yet retailers struggle to offer relevant merchandise. JDA Software is one provider of retail planning solutions that is responding to its customers’ needs for big data retail analytics.

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Epicor CRM Software for Retail a Popular Choice to Improve Customer Experience


With various packages of customer relationship management (CRM) software for retail available on the market, two retailers recently selected Epicor’s latest CRM software release, Epicor Retail CRM 7.0, with the goal of improving customer experience. Epicor’s CRM software for retail seems to be a popular choice.

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Differentiate and Grow with Profitability Insights


While digital data can provide information that can be important to profitability margins, it can also easily surpass the capacity of your current analytic tools due to the sheer volume now available to businesses. Current analytical systems may not be able to deal with the vast amounts of data now available, compromising resource allocation. New cloud-based enterprise resource planning (ERP) tools are easy to upgrade and deal with large volumes of data effectively, allowing analytical tools to process large amounts of digital data, which can provide a clearer picture on where to best invest time and energy into your company for optimal growth. But best practices also have to be implemented in order to make this data work for you.

Access in real-time to information about trend changes and global markets is vital for businesses that deal with international markets and a variety of currencies when fact-based decision making needs to occur in real-time, and also allows for the establishment of best practice measures in order to maximize profitability.

In this white paper, learn how to become data-driven to your best advantage and establish best practices for measuring profitability, synchronizing access to financial information across a variety of departments, as well as how to develop a stronger partnership between financial and business leaders while creating A Center of Excellence (CoE) to centralize the business lexicon and homogenize business procedures.

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Reflexis Unveils SMB Retail Execution Solution


Reflexis Systems announced a new store task management solution called ReflexisPlus for smaller retailers (with about 200 stores or fewer, and less than $250 million in annual sales).

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SAP as a Retail Market Force: More Fact Than Fiction


Can SAP, a market and technology leader in business management software, translate its success in the manufacturing industry to retail? TEC principal analyst P.J. Jakovljevic reviews the complexities of this master vertical and the steps SAP has taken to address them. The ensuing candid discussion with the SAP Retail Industry team sheds some light on SAP’s strategy with regard to the retail industry.

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Strategic Profitability Management: An Opportunity for Finance Departments


Finance departments are uniquely qualified to lead the effort to optimize profitability because of their neutrality, numbers orientation, and analytical abilities. However, as finance departments move to implement profitability management they need to recognize the challenges they may face. This white paper discusses how to manage profitability more effectively.

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