The ability to measure and manage performance is the foundation of successful planning and execution. Market6 advanced analytics are driving a comprehensive transformation in this crucial area by providing unified and consistent metrics across retail business functions. It’s a quantum leap forward in the way information is managed at every level of the enterprise.
Until now, retailer’s efforts to improve performance measurement have often encountered significant obstacles including:
- Multiple, separate departmental performance measurement processes and systems
- Inconsistent data across performance management systems, leading to different observations of how the business is performing and what changes are needed
- An internal culture of limited information sharing and non-aligned goals
- Resistance to changing existing performance measurement processes
In recent years however improvements in advanced analytic solutions are giving retailers a better way deploy performance management systems across teams.
This How to Guide provides practical advice on how you can use advanced analytics to improve retail performance management.
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