Studying the performance of your past purchases and how well they sold can help you to continually improve your decision-making capability. We enjoy offering free resources such as this one to help companies compete in this challenging environment - Jim Lewis, CEO at Enhanced Retail Solutions.
NEW YORK (PRWEB) January 15, 2019
For close to 17 years, the team at Enhanced Retail Solutions has offered businesses a one stop source for POS analytics and demand planning supported by a suite of interlinked software tools, and consulting services in order to optimize wholesale and retail inventory.
ERS understands that making the right assortment choices generally determines the level of success. Planning the assortment requires a combination of art and science. The art is picking desirable merchandise and the science is determining whether it will be productive – that is to say: makes money. Planning the assortment requires a combination of art and science. ERS released this free resource as a guide to SKU Rationalization to help retailers and their suppliers in this effort.
“Studying the performance of your past purchases and how well they sold can help you to continually improve your decision-making capability. Determining what is “good” or “bad” performance is important. It comes down to the financial plan for the business. We enjoy offering free resources such as this one to help companies compete in this challenging environment”, says Jim Lewis, CEO at Enhanced Retail Solutions.
Interest for the suite of free tools has spread exponentially across the industries, downloaded by suppliers (small to Fortune 500), venture capitalists, universities and even retail employees. This interest was something CEO Jim 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 then released their Retail Primer eBook in 2013 – since updated and available on Amazon, Apple iBooks Store and the ERS website. Each of these industry specific offerings have been runaway successes and have provided ERS with a thought leadership reputation for insightful content sharing.
About Enhanced Retail Solutions LLC:
Enhanced Retail Solutions is software and consulting firm specializing in Retail Analysis and Demand Planning for manufacturers, licensors 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 décor, home improvement, housewares, jewelry and food industries. Headquartered in New York City, Enhanced Retail Solutions has offices in the Dallas, TX and development in the US, Cork, Ireland and Delhi, India. For more information, visit http://www.EnhancedRetailSolutions.com.