|
Press and Analyst contacts: For
Immediate Release
Tim Simmons
Stirling Douglas Group
905.477.8700
tsimmons@stirlingdouglas.com
Ron Margulis
RAM Communications
908.232.3230
ramcommunications@home.com
Stirling
Douglas Group Releases SDG WEB-Store® to
Boost Retail Marketing Effectiveness
NEW YORK, January 14, 2001 --
Stirling Douglas Group, Toronto, announced today at the National
Retail Federation Annual Conference the launch of SDG Web-Store®
, a new system that enables store management teams to make better
decisions with the clear information based on science rather than
just gut feel.
SDG Web-Store allows retailers to give
all levels of management -- from store level through headquarters
-- access to Web-based inquiries and analytics from a consolidated
warehouse of consistent business metrics. The initial application
enables store management to view their sales data, inventory, forecast
and suggested order level quantities for each item and gives the
managers the opportunity to override and add to the order. The clear
benefit for retailers is now they have an easy-to-use audit tool
that combines the science of the forecasting and replenishment with
the experience of the store manager.
"Retailers have long needed a tool
that allows them to manage business processes built to handle more
granular merchandising and promotional strategies. The faster they
can accomplish this, the better they're able to take advantage of
market trends and new product introductions, as well as manage replenishment
and seasonal sell-through to meet their objectives," explained Tim
Simmons, Executive Vice President of Marketing and Business Development
at Stirling Douglas Group.
"SDG Web Store was built to give retailers
these precise capabilities, plus it uses their suppliers' knowledge
of local conditions, causal factors and other trends in developing
assortment planning, master promotions schedules, and other demand-generating
programs keyed to local market developments."
SDG Web Store gives retailers far greater
ability to influence store-level performance by providing common
processes and analytics to manage assortments, promotion schedules,
assortment turnover schedules, markdowns, and labor schedules to
the optimal level -- whether department, store, or zone. Giving
store and enterprise management better tools to see and influence
store- and category-level performance will improve same store sales
and margin growth, associate performance, space productivity and
supplier performance.
About Stirling Douglas Group
Stirling Douglas Group (SDG), www.stirlingdouglas.com
is headquartered in Toronto, Canada and is the world leader in SKU/Store
Level consumer demand forecasting engines. Sixteen years of forecasting
systems development on mainframe, client server and now web enabled,
has made SDG's PREDICTTM demand
forecasting engine the world's most accurate for baseline and promotion
uplift. SDG's expertise extends to forecast based replenishment,
PROMPTTM, and forecast based planning,
MAPSTM. All SDG software is platform
independent.
|