Lowering the High Costs of Selling to Wal-Mart Through Wisdom Analytics

Share Article

Walmart is a very expensive customer to have, often requiring armies of people to manage and service their vendor managed inventory model. There are new ways of lowering those costs through automation

The world's toughest customer

92% of surveyed vendors maintain that Wal-Mart is the most expensive retailer to sell to.

“Wal-Mart is not only the world’s largest company but also one of the world’s most demanding customers,” said Sheldon Cwinn, vice president of Wisdom Analytics. “In our recent survey, 92% of vendors contacted maintain that Wal-Mart is the most expensive retailer to sell to. Wisdom Analytics automates many of the repetitive tasks that take time and effort and cost vendors money. Order scripting, demand planning, spotting POS exceptions and finding opportunities at store level, category management, improving instocks, and maximizing sell thru% are all benefits derived from Wisdom Analytics. Best of all, Wisdom Analytics is software that can be afforded by any vendor. It is intuitive to use, and easy to learn.”

Wisdom Analytics today announced the availability of Version 3.0 of its award winning software focused on driving the cost of doing business with Wal-Mart down. Wisdom Analytics has rapidly become the most adopted software solution for vendors selling to Wal-Mart.

“Wisdom has many of the features of its competitors but at a fraction of the price,” says Dan Batson president of the North West Arkansas Retail Link User Group and a Wisdom Analytics user at Fuji Film. “It helps to lower the cost of selling to Wal-Mart.”

“I remember the day one of our Retail Link analysts left us,” says Ronnie Kornbluth, president of UFO Jeansware. “The workload became staggering for all concerned. We never wanted to be in that position again. So we skeptically at first adopted Wisdom Analytics to help us out. Now we accomplish more than ever because Wisdom has made us so much more productive and we have watched our business with Wal-Mart steadily grow. We now have a better understanding of our POS position. Wisdom is a great tool and I would highly recommend it.”

Wisdom Analytics 3.0 new features include order scripts that can optionally be varied by long-range weather forecasts provided for every Wal-Mart store in North America. Advanced demographics that can show you who is purchasing your products at point of sale. Wisdom Analytics 3.0 also includes new and improved facilities for order scripting, demand planning, category management, and replenishment. Wisdom Analytics includes the 18 core reports and analytics framework that has traditionally made the software so powerful and easy to use. Wisdom Analytics turns Retail Link reporting into a real time online environment. MS Excel and continually printing dozens of multi-page reports every week is a thing of the past.

Wisdom Analytics is sold by annual subscription that includes upgrades and support. Subscriptions start at $3,000 a year.

Contact Sheldon Cwinn – 514-736-5000, Sheldon(at)wisdomanalytics(dot)ca

###

Share article on social media or email:

View article via:

Pdf Print

Contact Author

sheldon cwinn

514-341-5000 x332
Email >
Visit website