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Performance Management for RetailThe retail enterprise has a business process that can be understood as continual loop. Success requires continual analysis, learning and strategic planning. Retailers thus engage in a variety of performance management activities to ensure that all facets of the business are fine-tuned for improvement in the future.
But because the retail business is also so dynamic – sales for one weekend could make or break an entire month – performance management systems must provide the ability for every level of a retail organization to sense and respond quickly to any challenges that arise, to instantly assess victory or defeat and then adapt for future benefit. With performance management solutions from SAS, you achieve this agility while maximizing profits for the entire organization. SAS Activity-Based Management provides accurate financial information in a form that mirrors the day-to-day activities of the people, equipment and processes that directly impact a retailer's bottom line. This solution provides profitability analysis and forecasting to help retailers look to the future with a reliable picture of operating costs. SAS Strategic Performance Management allows executives to track key performance indicators (KPIs) across the entire retail enterprise, from merchandising and marketing to distribution and store operations, to analyze, learn and plan strategically. Executives can then quickly communicate goals and strategies throughout the organization. SAS Strategic Performance Management helps you align your enterprise around shared goals, communicate those goals across the enterprise and measure your progress toward achieving targets and initiatives.
Integrated retail intelligence
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