Mighty helpful – Mitre10 Mitre10 has been a household name for over 50 years. With over 450 independent Mitre10 and True Value stores Australia-wide and supplying over 400 non-branded independent stores, Mitre10 is the second-largest player in the Australian home improvement and hardware industry. Challenges Independence and community focus: Mitre10 stores are independently owned so it doesn’t dictate to each
This time we will address only one Frequently Asked Question. But it is a big and important one: How will the investment in a Self-service BI/Analytics tool give me a Return on Investment? It matters not just because you, obviously, do not want to pay for something that is of no use, but, perhaps, even more importantly, because playing around
Make your standard reporting flexible Data is changing everything from the in-store experience to product design to customer engagement. It makes sense to pull data from all the corporate sources into a secure common reporting layer. It does make sense to use one version of the truth and apply common business rules. It doesn’t make sense to rigidly enforce how
Pacific Brands markets iconic brands throughout the Asia Pacific and the UK, including Bonds, Jockey, Dunlop and Sheridan. Over 5000 employees drive growth, with sales over $1.2 billion. Pacific Brands now use Jedox broadly. Models include Retail Sales and Key Metrics, DIFOT, assortment planning, and in-month gross margin tracking. In the past, Pacific Brands had invested in Cognos for reporting.
Solve the right problem Every day, Retail divisions use data for planning, reporting and analysis. While they manage their own business functions, to truly perform, retailers need common data across divisions. Data is more useful when shared. This was why massive Data Warehousing projects tried to bring data like POS, GL, Web, HR, and inventory into one place. A problem with these
The courage to experiment There is a basic assumption in marketing that you need to experiment with A/B testing. Do you get more conversions through the web page with the green “buy now”, or a red “compare price” button? No experienced marketer ignores data that can improve campaign effectiveness. A/B testing was popularized through advocates like John Merriam in the
Why do you need value drivers? In this an example, a retailer has around 200 stores, operating on slim margins. They’ve used strategies to reduce overheads and improve cross-channel selling, including using poorer performing stores as online fulfilment centers, and using pop-up stores to shift slow-moving stock. These were fine strategies, but hit snags in execution. The information shared between