ACCELERATED ANALYTICS' CEO, CHAD SYMENS, FEATURED IN WOMEN'S WEAR DAILY ARTICLE: "POS DATA - RETAIL'S BIGGEST, 'UNTAPPED' OPPORTUNITY"

The influence of “big data” and the shift toward the “Internet of Things” is redefining how companies, brands and consumers interact with one another.

The retail experience is no longer a simple exchange of money for a product or service. Today, consumers embark on a “shopping journey” that involves everything from online research and social media product reviews to picking up online orders in-store and receiving push notifications on smartphones while shopping.

And all of it is driven by data. Here, Chad Symens, founder of Accelerated Analytics, discusses point-of-sale data and its role in a consumer’s shopping journey as well as other trends involving technology and its use by retailers.

To read the full article, click here for WWD.COM

A CONSERVATIVE 10% IMPROVEMENT IN LOST SALES REVENUE FOR A $250 MILLION RETAILER IS $1 MILLION

ACCELERATED ANALYTICS, LLC CONTINUES INTERNATIONAL EXPANSION

Accelerated Analytics, LLC announces its expanded global footprint, most recently adding India and Indonesia to its international retail customer list. Accelerated Analytics provides point of sale and inventory reporting and analysis for manufacturers working with retailers and their own stores on several continents. Asia includes India, Indonesia, Malaysia, Singapore, Thailand and the Gulf States. Accelerated Analytics continues to provide retail data services in Europe, covering Germany, Austria, England and Norway, plus Australia, and the US, Canada and Mexico in North America. To extend customer service coverage, Accelerated Analytics has added technical staff in the UK. With Accelerated Analytics reporting tools, retail brands with international partners have an increased ability to improve their sales, in-stock and sell-thru performance levels, and have a platform for real-time collaboration of decision makers with partners around the globe. 

Accelerated Analytics, LLC has been providing data warehouse solutions in the retail sales and supply chain market since 2003. We work with customers in consumer products, DIY / hard lines, automotive, apparel, cosmetics, footwear and books.  Our customer locations range from Europe, Asia, Australia, Mexico and Canada, to all corners of the USA.

ACCELERATED ANALYTICS JOINS GS1 US APPAREL AND GENERAL MERCHANDISE INITIATIVE POS DATA SHARING WORKGROUP

The Accelerated Analytics team is pleased to announce its participation in GS1 US Apparel and General Merchandise Initiative “POS Data Sharing Group”. GS1’s vision is to enable the Apparel and General Merchandise retail supply chain trading partner community to automate and integrate business processes and collaborate on a broad scale. The POS Data Sharing Workgroup will work to produce industry best practices to improve the efficiency and effectiveness for collaborating with POS data. This will result in increased ability for brands to react quickly to developing sales and inventory trends, increase accuracy of analysis and reporting, reduce integration and data handling expenses, and support effective collaboration between brands and retail merchants.

The GS1 US Apparel and General Merchandise Initiative is a retail industry group that is committed to defining business challenges and opportunities and organizing members to explore solutions and create adoption plans. More than 125 suppliers, distributors, retailers and logistics providers are participating members in Initiative activities, focused on improving inventory accuracy, exchanging standardized product data and achieving traceability with GS1 Standards. More information about the GS1 US Apparel and General Merchandise Initiative is available at www.gs1us.org/apparel/gm.