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Common transaction sets leveraged by Velocity include the following:
- EDI 852 - Point of Sale (POS) and Inventory Activity
- EDI 867 - Warehouse Withdrawls
- EDI 816 - Store Lists
- EDI 830 - Plan or Forecast Information
Velocity collects and organizes all that EDI information and consolidates it with information from other data sources. At that point, a centralized Demand Signal Repository (DSR) is ready for perusal and analysis. Velocity users mine the data to reveal previously unknown patterns in consumer sales trends, inventory sell-through and overall store-level profitability. Velocity delivers insights that have a real impact on business performance, right now and in the future, such as:
- Which stores are low on stock to support sales for the next 10 days?
- What are my top selling stores by style and color?
- Is the new product on the shelves?
- How are our planograms performing by store type?
- How did our ad perform by market?
- Where are my sales below plan?
- What are the top selling regions by sales rep.?
- Is age or race a factor in sales?
- Where do SSO's need to be generated?
Quickly access and report on multiple years of store-level data across multiple retailers. Identify opportunities and generate ACTION with your factory, broker, buyer, field sales rep. or merchandising staff. See Using POS Data for more on applying this information to business practices or jump directly to Our Customers/By Department and explore Velocity from the point of view of someone in your field.
Retail Link, Workbench, Partners Online and VendorDart are registered trademarks of Wal-Mart Stores, Inc., Sears Holding Corp., Target Corporation and Lowes, Inc., respectively. There are no implied endorsements by these retailers for Vendor Managed Technologies, Inc. or its solutions.
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