EYERIS DATABASE RELEASES RETAIL REPORT IN THREE PHASES.IHL IHL International Humanitarian Law IHL I Have Lost IHL Institutions of Higher Learning IHL International Hockey League IHL Internet Header Length IHL International House of Logorrhea IHL Idiopathic Hearing Loss IHL Idiopathic Hepatic Lipidosis Consulting Group has announced the retail industry's most comprehensive technology database, allowing users to match retailer's financial performance to the information systems that they have deployed throughout their enterprise. The EyeRIS (Eye on Retail Information Systems) database tracks North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. Retailers based on financial metrics such as Sales Growth, Gross Margins, Net Profit Margins, Inventory Turns, Return on Assets Return on assets (ROA) Indicator of profitability. Determined by dividing net income for the past 12 months by total average assets. Result is shown as a percentage. ROA can be decomposed into return on sales (net income/sales) multiplied by asset utilization (sales/assets). , Return on Equity, Earnings Per Share Growth, and Sales/Employee and then compares this to the information systems being used in that retailer. The database also tracks the retailer's performance against their closest competitors. "This is the first database of its kind in the retail industry," said Greg Buzek, president of IHL Consulting Group. "It is really going to help our customers identify the key technologies that provide tangible bottom line results. For instance, why choose just any merchandising system when a retailer can use this database to quickly review the performance of retailers using each vendor's systems already?" According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Buzek, the database is designed to help vendors, retailers and investors find answers to the following types of questions that make technology buying and selling decisions so difficult: ANSWERS FOR THE TECHNOLOGY VENDORS -- What impact is our technology having on our customers? How do our customers perform verses their competition in key metrics such as Gross Margins, Net Profit, ROA ROA See: Return on assets ROA See: Right of accumulation ROA See return on assets (ROA). , Inventory Turns, and Sales/Employee? And how do our customers perform compared to our competitors' customers? -- Based on the retailer's performance, what types of systems would probably be most attractive to this retailer? -- Who should we partner with to have the best chance of success in a particular retail account or market segment? -- Which customers have older equipment and are likely to be replacing that equipment in the next 12 months? What migration issues must we consider? -- Who are the key personnel in the retailer that we need to contact, to win over, to know their names so we can get past the receptionist? ANSWERS FOR THE RETAILERS -- What types of systems are our competitors deploying? -- Which companies are actively deploying Data Warehouse, CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. , or 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. technologies? -- What types of systems do the best performing retailers in certain segments use? -- Who are top retailers partnering with for B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business and B2C (Business to Consumer) Refers to a business communicating with or selling to an individual rather than a company. See B2B. Ecommerce initiatives? ANSWERS FOR INVESTORS -- Which technologies are being used by the top performing retailers? -- Which retailers are investing in key technologies? The database includes information on over 2,800 North American retailers and will be released via reports in three phases. Phase 1, released today includes detailed company reports on 270 top retailers in the Food/Grocery, Chain Drug, Specialty Hard and Soft Goods, Department Stores, and Mass Merchandiser segments. Phase 2, to be released in late July 2000 will add data on Quick Service/Fast Food Restaurants, Table Service Bar/Restaurants, and Convenience and Gas outlets. Phase 3, to be released in September 2000 will include vendor reports and rank the vendor's average impact on performance across these segments. IHL Consulting Group is an independent business-consulting firm headquartered in Boynton Beach, Florida Boynton Beach is a city in Palm Beach County, Florida, United States. The population was 60,389 at the 2000 census. As of 2006, the city had a population of 66,714 according to the University of Florida, Bureau of Economic and Business Research. that provides market analysis and business consulting services for information technology companies that focus on the retail industry. For more information, visit the company's web site at http://www.ihlservices.com or call 561/738-0773. |
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