Clearly a hunger exists to understand retail math formulas and key performance indicators - David Matsil, President of Sales and Marketing.
New York, NY (PRWEB) November 04, 2014
For over a decade, the team at Enhanced Retail Solutions (ERS) has offered businesses a one stop source for analytics and planning supported by a suite of interlinked software tools and consulting services in order to optimize wholesale and retail inventory. By tapping into years of retail experience, the company was able to provide those in the industry with a complementary Retail Math & Definitions reference guide, offering a breakdown of various formulas and retail math basics including:
- Sell through
- Weeks of supply
- Average unit retail
- Gross profit percentage
- Average weekly units per store
ERS is pleased to see the traction the guide is gaining as it approaches 30,000 cumulative visitors this month. The guide helps businesses become better versed in everyday formulas – an invaluable skill.
Interest for this free tool has spread exponentially across the industries, downloaded by retail merchants and HR departments, suppliers, venture capitalists, universities and more. “Clearly a hunger exists to understand retail math formulas and key performance indicators,” comments David Matsil, President of Sales and Marketing for Enhanced Retail Solutions. This hunger was something CEO James E Lewis took note of in 2007 when he decided to create the ERS Retail Merchant Class, which is still being taught today both publically and specifically tailored for various companies. Proud to be presenting their peers with such well received value, ERS continued by ultimately releasing their Retail Primer eBook in 2013 – now available on Amazon and the ERS website. Each of these industry specific offerings have been runaway successes and have given ERS a thought leadership reputation for insightful content sharing.
About Enhanced Retail Solutions LLC:
Enhanced Retail Solutions is a New York based software and consulting firm specializing in Retail Analysis and Demand Planning for the manufacturer and their retail partners. ERS' state of the art software tools and consulting deliver critical data quickly, easily and cost effectively, adding over one hundred million dollars to their clients' bottom line. ERS' broad customer base includes industry leaders in the Electronics, Consumer Products, Apparel, Footwear, Home Textile, Toy, Home Decor, Home Improvement, Housewares and Food Industries. For more information, visit http://www.EnhancedRetailSolutions.com/.