Why Out-of-stocks, Data Mismatch, and Hidden Demand Still Catch Out Beauty Brands When beauty brands review retail performance, the picture often looks reassuring. Availability appears high. Sales reports feel complete. Forecasts are built on what was sold. But our conversations with brands working directly with Ulta and Sephora reveal a more complicated reality. One where... 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 »
The EDI 830 Planning Schedule transaction set is really used as an electronic sales forecast. In fact, it can be used in 3 different ways: Just as a sales forecast As a forecast and an authorization for the recipient to commit to resources As a forecast that also includes order release levels The senders of… Read more »
This X12 Transaction Set contains the format and establishes the data contents of the Report of Test Results Transaction Set (863) for use within the context of an EDI – Electronic Data Interchange environment. EDI 863 can be used to transmit the results of tests performed to satisfy a specified product or process requirement. This… Read more »
The EDI 862 Shipping Schedule transaction set is responsible for accounting shipping requirements. These shipping instructions would replace those forecasted in a previous Planning Schedule 830 transaction, though the 862 does not actually replace the 830. 862 transactions are important for supporting Just-in-Time (JIT) manufacturing because they provide detailed shipping requirements more frequently versus EDI… Read more »
