Datalliance Announces New Sales & Inventory Optimization Solution for Retail Channels.* Datalliance Sales Insight[TM] Monitors Store-Level SKU (StockKeeping Unit) The number of one specific product available for sale. If a hardware device or software package comes in different versions, there is an SKU for each one. SKU - stock-keeping unit Activity to Enable Suppliers and Retailers to Collaboratively Manage Inventory and Grow Sales * Solution is Already in Use by Leading Manufacturers Such as Siemens, Schneider Electric Schneider Electric (Euronext: SCHN) is a French global company. It was founded in 1836 by two brothers, Joseph and Adolphe Schneider, who took over a troubled foundry at Le Creusot. , Legrand, Ideal, Eaton, and Other Suppliers to Home Depot The Home Depot (NYSE: HD) is an American retailer of home improvement and construction products and services. Headquartered in Vinings, just outside Atlanta in unincorporated Cobb County, Georgia, Home Depot employs more than 355,000 people and operates 2,164 big-box , Lowes, and Other Retailers CINCINNATI -- Datalliance, the leading independent provider of vendor managed inventory Vendor Managed Inventory (VMI) is a family of business models in which the buyer of a product provides certain information to a supplier of that product and the supplier takes full responsibility for maintaining an agreed inventory of the material, usually at the buyer's (VMI VMI Virginia Military Institute VMI Vendor Managed Inventory VMI Vertical Motion Index VMI Valtakunnan Metsien Inventointi (Finnish: National Forest Inventory) VMI Video Module Interface ) and related collaborative services, today announced immediate availability of a new sales and inventory optimization solution branded Datalliance Sales Insight[TM]. Sales Insight monitors store-level SKU activity to provide clear, actionable information that enables manufacturers to work collaboratively with retail channel partners to grow sales. Offered as a web-based 'on-demand' Software as a Service (SaaS) solution, Sales Insight is already in use by leading manufacturers such as Siemens, Schneider Electric, Legrand, Ideal and Eaton working with retailers such as Home Depot, Lowes, and others. "Datalliance Sales Insight provides us actionable information to drive improved performance with key retailers like Home Depot. With the information they provide, we are able to better understand Home Depot store level activity, product effectiveness and overall performance," said Jeff Richter, National Account Manager, Eaton Corporation This article is about an industrial manufacturer. For other meanings see Eaton. Eaton Corporation (NYSE: ETN) is a diversified industrial manufacturer with 2006 sales of $12.4 billion, putting it at 198 on the Fortune 500 for 2007. . "We're very happy with the overall service from Datalliance." Information delivered by Sales Insight includes: weekly visibility of sales, inventory and out-of-stocks at the SKU/location level; summaries by retailer segment and across retailers; store performance reports with store and market rankings, ranking change, outliers, and trends; and store operations reports such as out-of-stock analysis, "phantom inventory Phantom inventory is a common expression for goods that an inventory accounting system considers to be on-hand at a storage location, but are not actually available. This could be due to the items being moved without recording the change in the inventory accounting system, breakage, " indicators, and compliance exceptions. With this information at their fingertips "Fingertips" is a 1963 number-one hit single recorded live by "Little" Stevie Wonder for Motown's Tamla label. Wonder's first hit single, "Fingertips" was the first live, non-studio recording to reach number-one on the Billboard Pop Singles chart in the United States. , manufacturers can respond immediately to retailer requests. Even more importantly, they can proactively identify issues holding back sales, and suggest the actions that will lead to growth. "We've developed Sales Insight for situations where the retailer is not yet ready to have the supplier directly replenish store inventories using VMI, but where they are ready to work collaboratively with the supplier to better manage inventories and grow sales," said Carl Hall, Datalliance President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "Sales Insight performs many of the same functions as our VMI service, other than replenishment ordering, while providing a comprehensive report set designed specifically for the retail environment." Based on the same proven and reliable data acquisition, verification, and normalization In relational database management, a process that breaks down data into record groups for efficient processing. There are six stages. By the third stage (third normal form), data are identified only by the key field in their record. platform used by the industry-leading Datalliance VMI service, Sales Insight can be deployed rapidly, with NO software to install, maintain, or support. The service includes access to experienced inventory management specialists who help implement the system, respond to special information needs, and suggest strategies. Sales Insight can be used alone or in conjunction with Datalliance VMI. For more information about Sales Insights, visit www.datalliance.com About Datalliance Datalliance is the world's largest independent VMI service provider, processing over $4.8 billion in orders, 10.2 million SKUs, and 25,300 locations. Delivered as a managed service via the Internet using the 'Software as a Service' (SaaS) model, Datalliance VMI makes it easy for suppliers and their customers to establish effective VMI relationships that fully align business objectives, improve collaboration, and streamline supply chain operations. Datalliance serves leading Fortune 1000 companies in a number of different industries. For more information about Datalliance and VMI, visit www.datalliance.com. |
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