Retailers continue to grow with SAS®
Upgraded SAS® Revenue Optimization and SAS® Size Optimization demonstrated at NRF BIG SHOW
NRF 99th Annual Convention and EXPO, NEW YORK (Jan. 11, 2010) – SAS, the leader in business analytics, is previewing enhancements to its revenue optimization and size optimization product suites this week during the National Retail Federation’s 2010 BIG SHOW in New York City.
SAS has a strong architecture for retailers with a common platform for all phases of the pricing life cycle, including common pricing rules, forecasting and business analytics. With the upgrades, SAS moves into a new generation of maturity for these solutions by extending the architecture to include more visibility for merchants and additional capabilities for grocery and apparel customers.
What should retailers look for in these systems?
“Retailers have long known that they need a central demand plan that is informed by – and can, in turn, inform – all merchandising and supply chain activities,” said Hung LeHong, Vice President Retail Research with Gartner, in his November 2009 Research Note titled Rethinking Retail Forecasting and Optimization Architecture. “Next-generation technology will take them there. Choose vendors that have a solid vision for how merchandising and supply chain processes share a common demand planning, forecasting and optimization base. Ensure that their solutions are also open to using components from other vendors or customer applications.”
Diana McHenry, SAS Director of Global Retail, said, “Our wins in 2009 included customers who realized they could see better results with SAS Retail. Retailers also innovated with a combination of great merchandise and brand strategy coupled with leading-edge technology. SAS offers solutions in both services and behind-the-firewall deployments, and SAS provides retailers with the best results through our advanced retail solutions, predictive analytics and continued investments.”
About SAS® Revenue Optimization
SAS Revenue Optimization Suite, which includes SAS® Regular Price Optimization, SAS® Promotion Optimization and SAS® Markdown Optimization, is used by retailers of all sizes across segments from apparel to grocery. The product provides the best profit results for retailers because the solution is precise, proactive, and makes retailers more productive. The SAS Revenue Optimization Suite helps retailers make the best possible pricing decisions at appropriate levels of detail, across all types of products through the use of analytics. SAS combines advanced data management, forecasting and optimization capabilities within a user-friendly format so retailers can manage performance, analyze “what if” scenarios, and create customized pricing alerts.
About SAS® Size Optimization
SAS® Size Optimization is built on two primary software applications. SAS® Size Profiling and SAS® Pack Optimization. SAS Size Profiling automatically generates store-specific size profiles from multiple product perspectives including department, class, style and color to ensure the highest precision of relative size demand for each product. SAS Pack Optimization indicates the best supply decisions by determining the ideal order quantities of each available shipping case, including combinations of multi-sized and single-sized configurations to best meet individual stores’ size needs across multiple deliveries.
The enhanced versions of SAS Revenue Optimization and SAS Size Optimization will be generally available to customers in early Q2 2010.
SAS retail customers include Aeropostale, AutoZone, Bakers Footwear, Brooks Brothers, Burger King, Cabela’s, Carrefour, Casino, Casual Male, The Children’s Place, Eddie Bauer, Family Dollar, Hallmark, Hudson’s Bay Company, JCPenney, Kohl’s, Luxottica Retail, Macy’s, Mark’s Work Wearhouse, Marks & Spencer, Northern Tool & Equipment, Office Depot, Sainsbury’s, ShopKo, Sport Chalet, Spiegel Brands, Staples, Tesco, Tilly’s, Tween Brands, Waitrose, Wakefern, Williams-Sonoma and 1-800-FLOWERS.COM.
For more information about SAS® Retail Intelligence Solutions and SAS Customer Intelligence solutions, visit http://www.sas.com. SAS is demonstrating its solutions at the NRF 99th Annual Show and EXPO in Booth 1337.
SAS is the leader in business analytics software and services, and the largest independent vendor in the business intelligence market. Through innovative solutions delivered within an integrated framework, SAS helps customers at more than 45,000 sites improve performance and deliver value by making better decisions faster. Since 1976 SAS has been giving customers around the world
The Power to Know®