Software ensures actionable decision making in retail.
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Press Release Summary:
Integrated with Microsoft Office PerformancePoint Server 2007, RedPrairie Performance Management(TM) monitors, analyzes, and reports on key performance indicators that drive organization's success. Web-based program puts data and business rules for business intelligence on centrally managed server, facilitating scorecards, analytics, and performance management. On-line analytical processing integrates with Microsoft Excel 2007 for ad hoc reporting.
Original Press Release:
Retailers Benefit from RedPrairie's Performance Management Analytic Solution
January 15, 2008
Analytical monitoring & reporting application ensures fast, actionable decision making
NEW YORK , NY - RedPrairie Corporation, a leading consumer driven optimization company participating in the National Retail Federation's 97th Annual Conference, today announced the availability of RedPrairie Performance Management(TM) (RPM) for Retail.
RPM is a web-based analytic solution that leverages the wealth of existing information from RedPrairie's retail operations and workforce management applications to monitor, analyze and report on the key performance indicators (KPI's) that drive an organization's success. The user interface provides a rich and intuitive experience that guides users to discovering new insights of their business.
RPM was developed for business decision makers, field operations and marketing personnel. RPM for Retail is integrated with Microsoft Office PerformancePoint Server 2007 and puts the data and business rules for business intelligence on a centrally managed server, making scorecards, analytics and the entire performance management cycle much easier and less time-consuming.
"RPM for Retail provides any size organization with unprecedented insight into its business operations," said Kim Eaton, RedPrairie's executive vice president of field operations, Americas. "By adding it to our retail operations suite, we are making it available to all customers who need the information they can derive from analytics tools to make strategic business decisions - and, by putting it into a comprehensive package that is flexible and integrates with other software, we're ensuring it is cost effective."
RPM can be especially useful to retail and hospitality businesses that operate across multiple locations and properties. "Prior to implementing RedPrairie Performance Management, analyzing the impact of a promotional campaign for all of our restaurants required as many as 270 separate reports," said Paul Mullin, business analyst, Culver Franchising System Inc. "Since we deployed RPM, that same data is at our fingertips - and we can do so much more with it."
"RedPrairie's RPM is an example of how technology can help people bridge the gap between the types of information they need to become more productive, and the types of technologies companies use to drive business success," said Jan de Jong, Microsoft's merchandising and real-time analytics solutions manager for Worldwide Retail and Hospitality. "RedPrairie's RPM recognizes that people are a retailer's greatest asset, and puts people one step closer to getting the type of real-time information they need to make fact-based decisions that support superior performance across the retail enterprise."
RedPrairie Performance Management for Retail offers many unique advantages:
Interactive dashboards that zero-in on relevant data - RPM for Retail uses powerful Web-based visual dashboards, through Microsoft Office SharePoint Server 2007, which can be delivered to individuals based on their organizational role and location. The embedded scorecards can contain KPIs and links to charts, tables and reports, allowing business users to easily navigate data to acquire relevant information.
Based on a strong analytical foundation - RPM for Retail includes on-line analytical processing (OLAP) that integrates with Microsoft Excel 2007 for fast, easy-to-use, ad hoc reporting. It also provides timely visibility into business operations and other factors that can impact decision making.
Low total cost of ownership - RPM for Retail can be deployed as a secure, hosted/SaaS solution that allows for rapid implementation. RedPrairie's hosted services have a proven 99.9 percent total system availability.
About RedPrairie Corporation
RedPrairie is a world leading consumer driven optimization company. Built on an advanced Service Oriented Architecture (SOA) developed over the past 15 years, the RedPrairie integrated suite of solutions offers on-demand capabilities to over 32,000 sites worldwide for many of the world's largest companies.
RedPrairie's E2e(TM) solutions synchronize people and products throughout the customer buying cycle to ensure goods reach the right place at the right time. At the point of sale, this means consumers have access to desired products and that the store is staffed with the right people to help them make their purchases. In the production cycle, it means suppliers and manufacturers time and synchronize shipments and production based on demand signals from the retailer. And in the back room of the store, it means having the least amount of inventory, solving the "last yard" problem of the retail supply chain.
With 20 global service sites and standard service methods that have been validated over the last 30 years, RedPrairie provides unparalleled service and support. For additional information, call 1.877.733.7724, or access www.RedPrairie.com.
RedPrairie Public Relations Contacts:
North America
Renee Truttmann
262-317-2517
Renee.Truttmann@redprairie.com
UK
Lucy Allen
+ 44 (0) 1494 486636
lucy.allen@redprairie.com
Europe and Asia Pac
Nathalie Vanden Houwe
+32 (0)54 31 86 93
Nathalie.vandenhouwe@redprairie.com
