Nexus Helps Leading Wireless Retail Partner Gain Visibility into Sales and Cashflow with a Dashboard for their 150+ Locations
What we did:
Designed and deployed analytics to access sales data from the company's POS databases.
Created interactive reports for a real-time view of the effectiveness of discounts and promotions.
Implemented a process to consolidate data from two financial systems into the cloud.
Generated a concurring view of cash flow.
Our advanced analytics and real-time dashboard solution revolutionized sales and cash flow visibility for this leading wireless retail partner. As a result, we optimized their operations across 150+ locations.
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About the Company
As a leading retail partner of a major wireless carrier, this company operates over 150 stores across 14 states. Since 2002, it has been at the forefront of the wireless industry, leveraging traditional retail strategies alongside innovative uses of video, social media, and analytics to enhance sales performance.
Goal
The company needed an automated dashboard to track sales across all locations in real-time.
Problem
The company's cash flow position required increasingly complex calculations to keep up with ever-changing chargebacks, rebates, and promotions from its wireless carrier partner.Solution
- Nexus designed and deployed analytics to access sales data from POS databases, creating interactive reports.
- Produced dashboards for a real-time view of the effectiveness of discounts and promotions.
- Implemented a process to consolidate data from two financial systems into the cloud, enabling a real-time view of cash flow.
Results
- After partnering with Nexus, the wireless retail partner revolutionized sales and cash flow visibility.
- Executives now use a real-time dashboard for updated telemetry on store operations, sales, and rebates.
- Nexus developed cash flow analysis tools to understand the effects of chargebacks, rebates, and promotions.
- The solution eliminated human error and enhanced business tools.
Conclusion
NexusOne has built an environment with iterative development to quickly create reports with new data as the business needs change. The system continues to help the company better manage operations and respond to an ever-changing environment.
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