Relational Solutions, a software and service company specializing in POS data integration, and Teradata Corporation, a leader in enterprise data warehousing, announced they have formed a partnership to provide an enterprise demand signal repository (DSR) solution to assist consumer goods companies in delivering the right inventory at the right time to retailers.
Consumer products companies, high-tech and life sciences companies are learning to use DSRs to discover previously unknown patterns in consumer demand, multi-channel inventory sell-through, promotion optimization and overall product profitability.
The Relational Solutions flagship product POSmart is the leading multiretailer solution that automates the integration and harmonization of POS data with internal data. Version 5.5, announced in February, includes a POS Manager to simplify and streamline the management of POS data. Users can now easily reorganize items into different categories, view statistics on issues such as rejected products, manage duplicates, back data out, edit attributes such as store and item information, and more. POSmart features built-in analytics specifically designed for consumer products companies for analysis of promotions, customer demographics, store cluster, sales trending, profit and revenue. Both POSmart and the Relational Solutions Blue Sky Portal feature dynamic reporting capabilities where users can create customized reports. Report information can be represented graphically and exported in a choice of Microsoft formats.
Relational Solutions is already working to optimize POSmart for Teradata. Teradata provides a single application-neutral repository for an enterprise’s current and historical data, the
robust analytics and infrastructure to create an enterprise view of multiple customer POS streams integrated with rich internal data sources.