Industry Events
May 21 - 24 Retail Systems 2006
Produced by Retail Systems Alert Group, McCormick Place, Chicago, IL. For more information: www.retailsystems.com
Vendor Viewpoint
New Database Options from ANTs Software
Legacy database software on both the front and back ends of the business is generally inefficient to operate and costly to maintain, yet the lack (or perceived lack) of viable database alternatives means most retailers simply accept having an expensive database environment as a part of doing business. New database options reduce costs, integrate with your environment and enable server consolidation. Click here: www.ants.com/retail.
All-In-One Standalone Single Source Provider for Multi-Channel Retailers
Ecometry, Blue Martini and Nextor offer the key to sharing customer information throughout your entire enterprise and offer unparalleled product functionality in a single-source provider. The solution enables retailers, catalogers and e-commerce companies to maintain a central view of the customer across every purchasing channel. We empower over 500 companies including Nordstrom, Brookstone, Coach, Coldwater Creek and Brooks Brothers, to name a few. If you would like more information please click on the following link: http://www.ecometrysystems.com/ or call our Inside Sales Department at 561-265-2700, ext. 4233.
Extended: Here's a FREE RFID Present from Alien Technology
For every 100,000 Alien RFID Tags Purchased by 6/30/06, get a FREE Alien Gen2 Reader. For $2500 more, get: an ALR-9780 Developers Kit, training, and Support. For $4000 more, get the training and support with the ALR-9800 Developers Kit. Go to http://www.alientechnology.com/reader_promo/ or ph: 800-524-2455.
Industry White Papers
Transforming Legacy Systems: What Retailers Need to Know to Pick the Right Path
Retailers large and small are realizing that many of their legacy IT systems, while workable, are inadequate to support the fast-changing needs of today's marketplace. In fact, such systems may actually be a drain on resources, due to rising maintenance costs and the need to maintain out-of-date tools and skill sets. Transforming legacy systems has become a high priority in many retail organizations, with retailers seeking the best ways to gain new functionality along with stability and scalability---all while protecting razor thin profit margins. To learn more about how your retail organization can benefit from legacy transformation initiatives, download Transforming Legacy Systems: What Retailers Need to Know to Pick the Right Path, an executive whitepaper brought to you by RIS News and Cognizant.
Executive Intelligence
Optimizing Markdowns with Intelligent Software
By Jim Dixon, Applied Intelligence Solutions
In retail, markdowns are a fact of life, constituting the one of the largest expenses, second only to inventory. Those in the industry face a constant struggle in determining how much and when to reduce the price of items to maximize revenues while clearing inventory. The challenge surely is a key factor in price/revenue optimization being the second leading application for technology investments by retailers (cited by RIS, Gartner, 15th Annual Retail Technology Study, June 2005).
First generation markdown optimization technology has proven to be beneficial in helping retailers maximize sales and margins by applying "science" to the process. Emerging, next generation optimization technology will provide even better performance.
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