Your business is in a rut. Sales are plateauing, but they’re at a low level. The sales season hasn’t changed, but for some reason you can’t quite put your finger on why your company’s sales has come to a standstill. It’s instances like these where the investment in a business intelligence solution will come in… Read more »
4 Ways BI Influences Profitability
Just how important is having a strategy, solution or partner that focuses on business intelligence? Extremely important, if you ask us. As a business owner, you should never underestimate the power of hardcore numbers. After all, businesses continue to run based on the positive, quantifiable nature of their sales and customers. Having the ability to… Read more »
Convenience Stores Perform Market Basket Analysis To Increase Profitability
One of the most valuable pieces of information in the Convenience Store industry revolves around your customers’ buying habits, their market basket analysis. Understanding your customers’ behaviors to develop effective merchandising strategies is key to protect and increase profits. Market basket analysis allows management to quickly and easily look at the size, contents, and value of… Read more »
Take Control of Your Convenience Store Purchasing Data
The glory days where distributors offered full guarantee on all spoilage seems to be gone and in general we see a trend of more and more activities being pushed downstream and your convenience store purchasing data is becoming more and more important to your profitability. We see store owners struggling to cope with: The need… Read more »
Convenience Stores Increase Profits Through Waste Management & Spoils
All convenience stores are aware of the impact of waste on profitability. At the corporate level, are you getting access to the waste data in a timely fashion so you can quickly remedy the situation? Store Managers are often head down busy, and don’t see how much waste is nipping at the toes of your… Read more »
