Track Store Operations Real-time!
• Sales (Day, Week, Month) and Budgeted Sales (Day, Week, Month, Current year and Last Year)
• Average sales (Day, Week, Month, Current year and Last Year)
• Number of Transactions (Day, Week, Month, Current year and Last Year)
• Number of items sold (Day, Week, Month, Current year and Last Year)
• UPT and Budgeted UPT: Indicates the average items per sales transaction
• Sales Productivity (Day, Week, Month, Current year and Last Year): Indicates the sales volume per staff member.
• Budgeted Sales Productivity: Indicates the targeted sales productivity for the store.
• Traffic (Day, Week, Month): Indicates the number of customers that walk-in.
• Conversion (Day, Week, Month): Conversion is a function of Traffic to Number of Transactions measuring the number of walk-in customers that actually purchase.
• Conversion target: Indicates the targeted conversion factor for traffic to sales.
Retail-1 Store Watch provides a consolidated graphical interface to help store managers better manage the day to day store sales. The application resides at the store level and is easily accessed (with proper security) through any POS device in the store. Instantly, managers can see in graphic form sales, units per transaction, staff to sales productivity, and performance to plan. Because Retail-1 Store Watch is a real-time view, managers are alerted to current results in time to take any necessary corrective action. When coupled with Retail-1 Traffic, views expand to store traffic hour-by-hour and conversion rates. At Head Office, users have an aggregate view across any grouping of stores in the chain. Color-coded to quickly identify key conditions. Best of all.... you can access Store Watch through your Blackberry!
Retail-1 Store Watch provides the indicators store managers need to better manage day-to-day store sales. Also, the application must highlight the variances between budget and current values. To do so, all values equal or above budget are highlighted in Green. All values within 5% of the budgeted values are highlighted in Yellow while all values below 5% of the budgets are highlighted in Red. Head Office users have the ability to select individual store locations, store groupings or corporate totals.
