Navy Exchange selects QuantiSense for retail analytics, business intelligence
Atlanta QuantiSense announced that the Navy Exchange Service Command (NEXCOM) has selected its retail analytic and business intelligence (BI) application for its global network of nearly 300 stores and 1,200 service operations across 104 Naval installations.
With a goal of increasing sales, NEXCOM required a retail-specific analytic application to help manage its margins, avoid overstocks, and better understand the flow of product and how much inventory it needed in each location at any given time.
QuantiSense will provide NEXCOM with a packaged retail analytics solution, including over 1,200 retail metrics and the signature QuantiSense Playbooks, a set of “plays” unique for each retail job role that guides users to take action and make better decisions in response to specific, recurring situations.
We need to have as much insight as possible into the productivity of merchandise assortments at each store, i.e., stock positions, margin contribution, promotion sell-through, and allocations," said Kean Westcott, senior VP and CIO, NEXCOM. "We anticipate that the capabilities offered by QuantiSense will allow us to leverage our existing IT investments while helping us better understand our business at the store level across varied retail locations."