Software estimates weather's impact on sales for retailers.January 20, 2009 -
Integrating Planalytics location- and product-specific weather intelligence with data from existing operational systems, Weather Optimization solution helps companies account for weather impact on sales for specific products. Demand shaping solution, delivered through Supplemental Software's Collaborative Business Intelligence Software Kits and plug-in architecture, indicates if demand will be affected positively/negatively compared to same time period one year ago.
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Original Press release
Planalytics, Inc.
1325 Morris Drive
Wayne, PA, 19087-5521
USA
Planalytics and Supplemental Software Solutions Announce 'Plug In' Weather Optimization Solution for Retailers
NEW YORK, Jan. 12 -- Planalytics Inc. and Supplemental Software Solutions announced today, from the National Retail Federation's (NRF) Annual Convention in New York, a new demand shaping solution that enables companies to account for weather's impact on sales for specific products. The new Weather Optimization solution makes it easy for retailers to integrate Planalytics' location- and product-specific weather intelligence with data from existing operational systems. The solution is delivered through Supplemental Software's easy-to-deploy Collaborative Business Intelligence Software Kits and "plug in" architecture.
Planalytics' intelligence quantifies weather-related demand changes for specific products and locations, indicating if demand will be affected positively or negatively compared to the same time period a year ago. Supplemental Software's Operational Business Intelligence Architecture (OBIA) is a flexible platform that is easily integrated into a customer's existing operational systems. The OBIA can access vast amounts of data from multiple sources and analyze the data "on the fly" to produce insights on key performance indicators.
"We are excited to partner with Supplemental Software to help businesses optimize existing systems with Business Weather Intelligence(R)," remarked Fred Fox, Planalytics' President & CEO. "It is now very easy for a business to apply the key variable of weather to its existing operational data, whether it comes from JDA Software's Advanced Store Replenishment, a homegrown database, or other supply chain and merchandising systems."
"Demand Shaping is a goal within the Supplemental Software Collaborative Intelligence Suite(TM). One of the largest demand shapers is weather and we are very excited to bring together our Collaborative Intelligence Suite with Planalytics Weather Analysis system," stated Bruce Wieland, President of Supplemental Software Solutions.
The Weather Optimization solution enables companies to proactively address weather influenced demand changes, helping to improve pre-season merchandise plans and store assortments, adjust inventories, target marketing efforts, and modify markdown strategies.
Supplemental Software's Bruce Wieland notes that, "Weather is a critical variable that too many organizations are currently leaving out of the equation when making pre-season plans and in-season tactical decisions. Our platform allows companies to bring weather into the mix without huge software overhauls or lengthy implementations. And, because the Weather Optimization solution uses a rule-based exception strategy, management is able to focus specifically where weather is going to have significant impact and where their decisions will yield the greatest overall benefit. With the Collaborative Suite, both buyers and suppliers can rapidly deploy weather information into their partnerships in both an affordable and timely fashion to continuously monitor their business opportunities."
About Supplemental Software Solutions
Supplemental Software Solutions (Booth #1245 at NRF 2009) offers a revolutionary tool, the Collaborative Intelligence Suite, which transforms a company's complex operational data into timely, accurate information, to support improved decision-making as well as optimizing performance across the organization, its partners, vendors, and its suppliers. The suite incorporates dashboards, scorecards, and other performance management pieces to create easy-to-install and cost-effective solutions that can be integrated in line with multiple existing operational databases without costly software overhauls. Visit www.biforbiz.com for more information.
About Planalytics Inc.
Planalytics Inc. (Booth #345 at NRF 2009) is the singular global source of Business Weather Intelligence -- the actionable information companies need to understand and optimize the impact of weather on their business. Weather is the most volatile of all external factors affecting business performance and Planalytics helps companies proactively manage this risk. Powered by an unparalleled database of weather's financial and volumetric impacts, proprietary modeling technologies and market-specific expertise, Planalytics' Business Weather Intelligence is essential to any company, in any industry, looking to effectively shape strategies, pinpoint opportunities, and make more profitable decisions. Visit www.planalytics.com for more information.
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