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Business Objects Delivers New Retail Analytic Solutions.


SAN JOSE San Jose, city, United States
San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850.
, Calif. -- New Products Improve Retailers' Ability to Manage Customer Relationships, Vendor Performance, and Product Assortment

Retailers today are troubled by inadequate insight into customers' buying behavior, difficulty ensuring the right assortment of merchandise, and poor visibility into vendors' performance. To address these challenges, Business Objects (Nasdaq:BOBJ BOBJ Business Objects SA )(Euronext Paris Euronext Paris is France's securities market, formerly known as the Paris Bourse, which merged with the Amsterdam and Brussels exchanges in September 2000 to form Euronext NV, which is the second largest exchange in Europe behind the London Stock Exchange.  ISIN Isin (ĭs`ĭn), capital of an ancient Semitic kingdom of N Babylonia. The city became important after the third dynasty of Ur fell to the Elamites and the Amorites (c.2025 B.C.). The phase from c.2025–c.1763 B.C.  code FR0004026250 - BOB), the world's leading provider of business intelligence (BI) solutions, today announced the availability of Business Objects Retail Analytic Solutions, which enables retailers to more effectively track, understand, and manage their overall operations. The new product is part of BusinessObjects(TM) Analytics, a suite of enterprise analytics that allow organizations to better understand their operations, customers, products, and people.

"We are excited about the Business Objects Retail Analytic Solutions because now our managers can develop our customer marketing strategy based on better and focused information," said John de Ruiter, Manager Business Development at Jumbo Supermarkten in The Netherlands. "We can use the Retail Analytic Solutions to find out which products are most profitable and get detailed information about how products are faring at individual stores. Business Objects gives us best practices for understanding complex issues related to our marketing campaigns, category analysis, and product sales - and this helps us to improve customer satisfaction and therefore our bottom line."

The Business Objects Retail Analytic Solutions consists of three products designed to help retailers identify the optimal product mixture to increase sales at each store, accurately profile their customers, and more effectively manage vendor performance. The solution provides retailers with dashboards and guided analytics that enable them to measure profitability across the organization, and drill down to identify and resolve problems. For example, the "BusinessObjects Vendor Performance Management" product enables managers to monitor and formalize the vendor review process. With the new products, retailers can rank and compare vendors' performance, establish a baseline of acceptable results, and then take appropriate action to ensure consistent service from all vendors.

"Retail companies want more control by understanding key trends and gaining visibility into their customers, supply chain, and products, and we know that starts with a better way to communicate and share data," said Russ Hill, worldwide director of retail, consumer product goods, and distribution, industry marketing at Business Objects. "Unlike point solutions from other vendors, Business Objects has developed a vertical analytic solution that specifically addresses all of retailers' pain points."

Availability

All three of the Business Objects Retail Analytic Solutions are currently available: Customer Profiling and Campaign Management, Store Assortment Optimization, and Vendor Performance Management.

About Jumbo Supermarkten

Jumbo Supermarkten was founded in 1983 and originates from the family business Van Eerd Groothandel, which was established 82 years ago. In 2003, the company reported revenues of 616 million Euros. Jumbo has 200 employees at headquarters, over 650 employees in the distribution center, and approximately 5700 work in Jumbo retail stores. Jumbo has been one of the fastest growing supermarkets in The Netherlands for years now. Currently, Jumbo Supermarkten consists of 63 branch-stores. Jumbo continues to innovative, for example with logistic improvements, shelf arrangements, and product presentations at its supermarkets. More information is available at www.jumbosupermarkten.nl

About Business Objects

Business Objects is the world's leading business intelligence (BI) software company. Business intelligence enables organizations to track, understand, and manage enterprise performance. The company's solutions leverage the information that is stored in an array of corporate databases, enterprise resource planning See ERP.

(application, business) Enterprise Resource Planning - (ERP) Any software system designed to support and automate the business processes of medium and large businesses.
 (ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. ), and customer relationship management (CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. ) systems.

Popular uses of BI include enterprise reporting With the dramatic expansion of information technology, and the desire for increased competitiveness in corporations, there has been an increase in the use of computing power to produce unified reports which join different views of the enterprise in one place. , management dashboards and scorecards, customer intelligence applications, financial reporting, and both customer and partner extranets. These solutions enable companies to gain visibility into their business, acquire and retain profitable customers, reduce costs, optimize the supply chain, increase productivity, and improve financial performance.

In December 2003, Business Objects completed the acquisition of Crystal Decisions, the leader in enterprise reporting. The combined product line includes software for reporting, query and analysis, performance management, analytic applications Analytic Applications are a type of business application software, used to measure and improve the performance of business operations. More specifically, Analytic Applications are a type of Business Intelligence solution. , and data integration. In addition, Business Objects offers consulting and education services to help customers effectively deploy their business intelligence projects.

Business Objects has more than 24,000 customers in over 80 countries. The company's stock is traded under the ticker symbols Ticker Symbol

An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors
 NASDAQ: BOBJ and Euronext Paris (ISIN: FR0004026250 - BOB). It is included in the SBF SBF Studium Biblicum Franciscanum (Franciscan School of Biblical Investigations; Jerusalem, Israel)
SBF Small Block Ford (automotive engine)
SBF Single Black Female
SBF Société des Bourses Francaises
 120 and IT CAC See Consumer Advisory Council.  50 French stock market indexes. Business Objects can be reached at +1 408 953 6000 and http://www.businessobjects.com.

Business Objects, the Business Objects logo, and BusinessObjects are trademarks or registered trademarks of Business Objects SA or its affiliated companies Affiliated Companies

A situation that occurs when one company owns a minority interest (less than 50%) in another company.

Also refers to companies that are related to each other in some way.

Notes:
An affiliated company is sometimes referred to as a subsidiary.
 in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  and other countries.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 27, 2004
Words:757
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