Retail Blog

Need to Know’s, How-To’s and more from the Experts at ERS.

By Jim Lewis, CEO Enhanced Retail Solutions One of the most common project requests we get is integrating 3rd party information or research with a client’s POS data and forecast. For example, a client who manufactures […]
By Josh Coughlin, CTO, Enhanced Retail Solutions LLC As I share episodes from my career in this blog, this post takes us back to my time working at a manufacturer.  Something a designer said sticks out […]
By Josh Coughlin, CTO Enhanced Retail Solutions LLC As David Matsil use to say in one form or another at every meeting, “It is all about the inventory”.  The exact wording would change, but the sentiment […]
By Jim Lewis, CEO Enhanced Retail Solutions LLC It is hard to believe that a good portion of 2021 is already behind us. Of course, that depends on what seasonal sales curve you live your life […]
By Josh Coughlin, CTO   Working with- and for- manufacturers I have learned one universal truth.  It does not matter what you make (T-Shirts, Phone Cases, Pillows, etc.): every critical business function is done in Excel.  […]
By Jim Lewis, CEO Enhanced Retail Solutions LLC There was news this week you may not have noticed: the 2020 census data is in. Aside from it being used as a political blame game, this data […]
By Jim Lewis, CEO Enhanced Retail Solutions LLC It seems every retail re-invention comes with a plethora of new exclusive private brands. Bed Bath & Beyond and JC Penney are just two of the latest to […]
By Jim Lewis, CEO Enhanced Retail Solutions LLC Many of our clients are sharing the frustration and anxiety that looms over all points of their delivery infrastructure. Getting factories to commit to production dates, booking vessels […]
By Jim Lewis, CEO Enhanced Retail Solutions LLC A common challenge with forecasting over the last 12 months has been what to use as a baseline. The answer varies greatly by product category and retail distribution. […]
By Jim Lewis, CEO Enhanced Retail Solutions LLC If you think for one minute Jeff Bezos is stepping away from Amazon you haven’t been paying attention. Most CEO- Founders of his tenure often move upwardly sideways- […]
By Jim Lewis, CEO Enhanced Retail Solutions LLC While we tend to focus on more forward-looking analytics, part of our discipline of planning schedule includes conducting a year-end review of each retail account. While most of […]
Despite the tragedy that was 2020, the ERS customer base experienced a 16% increase in sales year over year*. That’s not to say everyone saw an increase, but strong gains in Home Textiles, Home Decor, Small […]
By Jim Lewis, CEO Enhanced Retail Solutions LLC Manufacturers, licensors and distributors who are looking to gain more insight from point of sale (POS) data face the challenge of determining what data they need, how to […]
By Jim Lewis, CEO Enhanced Retail Solutions LLC Distributors are marvels at moving inventory through the supply chain. They have invested heavily in systems and logic to make that happen. But they have trailed manufacturers and […]
By Adina Deutsch, ERS Intern Since March, my college routine has been rather mundane – wake up, attend lectures online, do schoolwork, and repeat. I predicted this would stay the same until next year when COVID-19 […]
By Adina Deutsch, ERS Intern The Importance of Reporting Navigating the performance of a retail or wholesale business can be difficult with so many disparate data sources to keep track of and act upon. A good […]
By Jim Lewis, CEO Enhanced Retail Solutions LLC In the world of planning most of us analyze our business and forecast using weekly sales and inventory data. In most cases that makes sense. But recently we’ve […]
By Adina Deutsch, ERS Intern The difference between success and failure Now more than ever, sales forecasting is critical for both suppliers and retailers to maintain successful businesses. Staying on top of the consumer’s shopping habits […]
By Jim Lewis, CEO Enhanced Retail Solutions LLC At a retail conference in 2019 (remember those days?), I got to see a lot of statistics, market share information, industry trends and the latest generation of gizmos […]
By Adina Deutsch, Intern Whether you’re a manufacturer, wholesaler, or retailer, Enhanced Retail Solutions offers free resources to help you achieve your goals. From case studies to a free EDI 852 parser, these resources are designed […]