Louis Vuitton-owner LVMH says the future of retail is in-store Whether you take it as a foreboding insight or a position requiring a grain of salt, their research shows that Brick & Mortar is still king… for the foreseeable future, anyway. According to the chief financial officer at LVMH, Jean Jacques Guiony, the consumer still... Read more »
Louis Vuitton-owner LVMH says the future of retail is in-store Whether you take it as a foreboding insight or a position requiring a grain of salt, their research shows that Brick & Mortar is still king… for the foreseeable future, anyway. According to the chief financial officer at LVMH, Jean Jacques Guiony, the consumer still… Read more »
Omnichannel B&M retailers are scrambling Don’t high-five just yet… as we appear to be rounding the corner on the global pandemic that has not only immediately affected retail B&M sales, disrupted major Supply Chains, and reshaped the retail landscape, there’s another shift (or two) on the horizon. First and foremost, we all have to familiarize… Read more »
They got back to the basics… When the pandemic hit last year, few were fully prepared. How could you be? In our lean and mean industry where shelf space is precious and timing is key, there’s little room for catastrophic, once-in-a-century events to come pushing through the supply chain. But that’s exactly what happened. So… Read more »
New Ulta Demo Videos The Accelerated Analytics team releases 9, new Ulta report demo videos, showcasing many of the features that the reports offer our customers. As Ulta remains the largest beauty retailer, with over 1,200 stores, we continue to see growing interest in the reports. The new series of videos available here, are aimed… Read more »
Free Safety Stock Infographic 2021 is gearing up to present brand dominance opportunities (for those that can break out and ahead of the pack). Doing so will increasingly rely on ever-granular reporting to assure optimal retail numbers – especially in the resource-drained supply chain of 2021. For those teams that haven’t brushed up lately… Read more »
12 Key Supply Chain Metrics Materials Now Available Via LIG As retail passes through the unpredictable and turbulent waters of 2020, heading into the “less unpredictable,” yet equally turbulent markets in 2021, it’ll be imperative to gain and maintain control of retail stock and the numbers that drive it. To better assist the retail… Read more »
COVID-19 KILLED YEAR OVER YEAR COMPS Part 1: Every retail report presents data in a nearly identical way: TY LY % CHG +/- VOL. This traditional method of measuring business performance is useless in the face of COVID-19, and the hangover is going to continue through all of 2021. See the nearby chart which shows… Read more »
COVID-19 Retail Industry Updates For the retail industry and those responsible for their brand’s POS data, supply chain, and retail sales analytics, COVID-19 has become an unwanted, but apparently long-reserved guest. As we all work to better understand the virus and the various ways it will impact our industry ahead, we wanted to share the… Read more »
The EDI 870 Order Status Report transaction set is commonly used by vendors to report on the current status of a customer’s order. Each status report transaction refers to a customer’s single order but it can involve multiple previously-sent purchase orders. The 870 is replacing what is known as a Paper Status Report, which provides… Read more »
This X12 Transaction Set contains the format and establishes the data contents of the Order Status Inquiry Transaction Set (869) for use within the context of an EDI -Electronic Data Interchange environment. The transaction set can be used to request all pertinent information relative to an entire purchase order, selected line items on a purchase… Read more »