A Retail Velocity Blog

Category Management

Category Management

Source: Wikipedia

Category management is a retailing and purchasing concept in which the range of products purchased by a business organization or sold by a retailer is broken down into discrete groups of similar or related products; these groups are known as product categories (examples of grocery categories might be: tinned fish, washing detergent, toothpastes). It is a systematic, disciplined approach to managing a product category as a strategic business unit.[1] 

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Demand Signal Repository

Demand Signal Repository

Source: Wikipedia

Demand signal repository (DSR) is the data warehouse designed to integrate and cleanse demand data, and leverage that data to consumer goods manufacturers, service retailers, and end customers efficiently. Cleansing it and synchronizing it with syndicated and internal data allows companies to provide business users with a more complete view of their retail performance. The repository itself is a database that stores the information in a format that allows for easy retrieval of information so that users can quickly query the database to identify what's selling, where, when and how. Identifying Out-of-Stock's (OOS's) is a requirement. Leveraging that data to perform predictive analytics is where applications actually leverage POS within their data model to help identify both current and potential impact.

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