Mountain View, CA (PRWEB) June 06, 2014
Retail Solutions Inc. (RSi), a global provider of cloud-based, Big Data analytics and real-time intelligence for the consumer-products industry, today announced its strong presence at the annual Consumer Goods Sales & Marketing Summit taking place June 9-11, 2014 at the Roosevelt Hotel in New York City. As a gold sponsor, RSi will host the event's Downstream Data Share Group meeting on June 9, an interactive and open breakout session where the industry's top CPG executives meet and share experiences and best practices on Big Data and real-time intelligence for business gain.
This year’s conference theme, “The IT/Marketing Alliance: Taking on Big Data and Social Media Imperatives,” is a natural fit for RSi, a global provider of predictive analytics for the CPG industry. The company’s cloud-based, data and retail execution platform collects retailer Big Data including point-of-sale, out-of-stock, forecasts, promos, pricing, etc., and transforms it into actionable business intelligence to be shared across the enterprise and throughout the value chain. Today, more than 500 manufacturers subscribe to RSi to monitor and manage the performance of their brands and to make smart decisions at the store and on the shelf. As a result, RSi customers experience on average a 7-10 percent lift in out-of-stocks.
The Downstream Data Share Group discussion will focus on how retail execution is evolving and new methods and technologies that are being introduced that redefine traditional store support, including the use of hyper-local, crowdsourced intelligence. Share Group attendees will discuss, debate and learn how mobile technologies, combined with scientific out-of-stock alerts and on-demand, in-store resources are being used to gather and share in-store intelligence, identify gaps in the supply chain, and trigger actions at the store level to correct errors in near real-time.
"With the advance of mobile technologies and social data entering the enterprise, the industry is turning what use to be considered in-store problems into opportunities," said Marie Jackson, CMO of RSi. "We are delighted to support this event and to sponsor an informative Share Group discussion on how to achieve greater visibility, facilitate brand and retailer collaboration and activate in-store resources to drive sales."
About Retail Solutions Inc.
Retail Solutions Inc. (RSi) is a global provider of Big Data, predictive analytics for the Consumer Packaged Goods (CPG) industry. The company collects and transforms billions of data points on what shoppers are buying every day and makes it insightful and actionable for better tactical and strategic decision-making at the corporate level and in the field. RSi’s innovation and competitive edge comes from the science, algorithms and patented technology that power its cloud-based solutions. The RSi platform is trusted by more than 500 global CPG companies including Colgate-Palmolive, Danone, Diageo, Heineken, Kimberly-Clark, Kraft, L’Oréal, Mondelez, Nestlé, Procter & Gamble, and Unilever to maximize product availability, uncover new opportunities, and drive sales. To learn more about the company, visit: http://www.retailsolutions.com.