Intelligent Software: A Vision for Retail-1

Over the past year, Peter Mitelman, President of GSI, has consistently laid out a vision for GSI’s software offerings to incorporte greater intelligence. Noting that the first SMART modules were introduced almost 15 years ago, Mitelman said, “ I want my software to be SMARTER! I want it to think for you …like you! I want it to make your decisions and your lives easier. In so doing, I want to give you the competitive edge …that little extra!”  Check out our Retail-1 Red Line Webinar on June 23!
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Positive Results in Challenging Times

GSI customers have been enjoying positive results in challenging economic times. Examples include improved inventory turns, reduction of inventories by 30% to 40% while maintaining sales, even cases of increasing comp store sales with less inventory.  “Positive results don’t happen by accident, they happen because of planning and effective execution of those plans” according to Jacques Azoulay, Senior Retail Consultant to GSI.
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Introducing « Simon »

How much more money would you make with a retail consultant pointing out opportunities and trends on a weekly basis. GSI’s “Simon” unlocks the richness of Retail-1’s data and transforms it into actionable information. Business rules and performance targets, the software scans your retail data to identify merchandise, stores, and suppliers deserving your attention and summarizing its results in a easy-to-follow format.

Retail-1 Red Line - Optimizes Sales and Preserves Profitability

The issue for any markdown decision becomes how much, when, and at what cost to the bottom line. Retail-1’s new Red Line module aims at providing the business intelligence to identify opportunities to stimulate sales and achieve optimized performance. RedLine helps our retailers identify and prioritize markdowns with GMROI simulations and help them quantify "best case WHAT-IF scenarios" by taking advantage of their existing sell-through information and peak sales cycle.    

Introducing Retail-1 Store Watch

Retail-1 Store Watch provides a consolidated graphical interface including sales, units per transaction, staff to sales productivity, and performance to plan. Installed at POS with immediate access in time to take 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!       

Labor Scheduling and Traffic: Software that makes money!

“The key to controlling cost and increasing profitability is more effective labor utilization. It’s simple but effective. We match labor utilization to sales curves,” according to Jacques Azoulay, GSI’s senior retail consultant. GSI’s Retail-1 Traffic provides a real-time view of store traffic. GSI’s new Retail-1 Scheduler provides the graphic interface to easily schedule your labor resources.                                                        (Complete story)
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“The Reporter” - Flexible Custom Reporting

“The Reporter” is GSI’s newest reporting toolset for Retail-1reporting…It’s a marriage made in technology heaven! Retail-1’s information rich database combined with flexibility of MS Excel for analysis and reporting. Our customers have gained increasing skills in the use of Excel reporting and often used exports from Retail-1 to populate their custom designed Excel reports.

NO MORE I.T. ISSUES!

Due to the complexity in today’s IT world, GSI felt it necessary for the first time to assume the responsibility to insure that its customers had optimal infrastructure and support for their IT environment. In announcing a new business unit named ASCII, GSI President Peter Mitelman noted, “it has become apparent over the past few years that IT is the critical component for the well being of any software environment. It is our decision to take that responsibility to insure that our product works to its optimum capabilities for our customers”.