Using
Accelerated Analytics™ with EDI 852 Data
Electronic data interchange (EDI) and specifically
EDI 852 sales data is a valuable resource
for vendors. Unfortunately, without the proper
tools the data can be difficult to work with
and analyze. That is why we created the Accelerated
Analytics POS and EDI 852 data analysis service.
We remove all the manual data work and provide
you with item and store level reports. Our
pre-configured reports provide on-hand, sales,
and sell-thru for each of your retail partners
Learn how Accelerated
Analytics can eliminate manual analysis.
EDI
852 product activity data based on point
of sale (POS) transactions and transmitted
via EDI 852 is the backbone of a successful
vendor managed inventory program. Unfortunately,
the vendors we've spoken to are frustrated
by what they perceive as an overwhelming
amount of point of sale data because they
don't have the tools to analyze and report.
Sending data via EDI 852 to suppliers simply
does not translate into an optimized supply
chain. Retailers are frustrated with suppliers
because they cannot actively participate
in vendor managed inventory and sales promotion
without the data. It’s a no-win for
both sides and a huge lost opportunity.
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Case Study
A vendor customer of Accelerated
Analytics who supplies to a large
retailer was faced with the difficulty
of analyzing EDI 852 on their
items from over 1800 stores. The
data would arrive on Sunday night
which they would translate into
a spreadsheet and then begin to
identify slow selling stores and
stores in a stock-out situation.
The analysis was complex and took
about 20 hours of administrative
time each week. Worst of all,
they have a dozen retail customers
that were also offering to send
EDI 852 data but they didn't have
the time to analyze that much
data. They knew they were missing
valuable sales but they did not
have any way to identify the problem
stores and communicate with their
buyers.
They then engaged the Accelerated
Analytics service. Our team setup
a custom database in our hosted
data center and began translating
the EDI 852 data and loading it
into our reporting tools. With
two weeks the vendor had customized
reports by item and store showing
units sales, and on-hand position.
From these reports they were able
to quickly determine which stores
were causing the lost sales. Using
our simple reports they scheduled
a meeting with their buyer. It
was a totally new experience for
both the buyer and the vendor
because they had quantitative
reports isolating the problems
stores. Together they determined
that a 1200 store blanket order
was the solution. It was the vendors
largest order to date and without
Accelerated Analytics they would
have never been able to show the
buyer where the problems were.
The vendor estimates our reports
increased their sales by over
$5 million dollars in less than
one month.
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Accelerated
Analytics is a comprehensive outsourced
service. No matter how large or small your
IT department is our service will eliminate
the headache of EDI 852 data analysis and
provide the reports you need to increase
sell-thru and in-stock. Our on boarding
process is simple and we already cover over
50 retailers.
Not
sure how much your business could grow by
using EDI 852 data? Take
advantage of our free stock-out exposure
analysis.
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