Everyone knows that stockouts cost money but very few c-store operators have the ability to measure the true cost. StoreKeep uses real-time integration with the inventory and POS system at each store. Real-time data allows it to track the sell through rate of every product in a store, calculate the cost of stockouts, and provide tools to attack the problem.
If you are running your promotions based on strategies rumored to be effective, while your competitors are learning the truth by measuring actual sales results, then adjusting their strategies to reality, you are gambling against the house.
He said: “This Changes Everything!”
The story of how a small c-store chain got started with Business Intelligence.