Many retailers find their existing analytics and reporting systems ineffective. To be successful, they need optimum visibility to anomalies in product behaviors, inventory movements, transactions, and more. Many “traditional” analytics systems, which usually create reports for interpretation, are focused on the report and visualization, rather than the corrective action and workflow. Profitect, an award-winning software company that provides retail and CPG companies with a prescriptive analytics solution, is helping its customers understand and act on their data through the use of “smart tasks,” or prescriptive actions….[Read More]
