Point of Sale data offers a wealth of information, we can help you translate this data to meaningful actions, which can offer significant revenue benefits both short-term and long-term. Through the combination of POS and Inventory data, triggers can be created to avoid low or out-of-stock issues. In the longer term, any significant shift in market requirement can be detected and a corresponding adjustment can be made in production, maximising factory profit and efficiency.
Benefits of enriched data for your POS include:
Increased Sales:
Overall, POS reviews can provide valuable information that can help the channel make better-informed decisions, improve its sales and revenue, and enhance customer satisfaction.
Improved product positioning:
POS reviews can provide valuable insight into how customers perceive the product. This can help identify areas for improvement in product positioning.
Increased market intelligence:
POS reviews can provide valuable market intelligence, such as customer demographics and buying patterns.
Better inventory management:
POS can provide valuable information about product demand and customer needs, which can help manage inventory levels and avoid stockouts.