Written by a smart server somewhere… There is a lot of buzz around artificial intelligence and ChatGPT. We decided to […]
By Jim Lewis, CEO Enhanced Retail Solutions LLC The New Year is a perfect time to take stock of your […]
By Jim Lewis, CEO Enhanced Retail Solutions LLC Overview Estimating future sales is increasingly difficult with so many factors to […]
By Jim Lewis, CEO Enhanced Retail Solutions LLC “When we ship new products, we want to know right away what […]
By Jim Lewis, CEO Enhanced Retail Solutions LLC I recently had the honor of lecturing at my alma mater, the […]
By Jim Lewis, CEO Enhanced Retail Solutions LLC People love dashboards. But unless it is actionable or telling them something […]
ERS Internship: The First 3 Days By Jim Lewis, Wenxin (Helen) Qie and Lauren Cohen Every summer at ERS we […]
Retail Analytics Taking Action By Jim Lewis, CEO Enhanced Retail Solutions LLC At a recent lecture at the University of […]
The Four Pillars of Success – Part 3 By Jim Lewis, CEO Enhanced Retail Solutions LLC Welcome to part 3 […]
The Four Pillars of Success – Part 2 By Jim Lewis, CEO Enhanced Retail Solutions LLC What is fundamentally required […]
Written by a smart server somewhere… There is a lot of buzz around artificial intelligence and ChatGPT. We decided to ask it some questions about ourselves and inventory management. These are questions we asked and the direct responses we got. What is Vendor Managed Inventory? Vendor […]
By Jim Lewis, CEO Enhanced Retail Solutions LLC It’s always been challenging for suppliers to determine demand- and predicting what orders retailers will write. It’s even more complex determining demand across multiple channels. The forecasting logic is not the hard part- it’s the merging of accurate […]
Rate of Sale Reliability
By Lennon Barrow, Business Analyst Intern at Enhanced Retail Solutions Today’s forecast: cloudy and a chance of stockouts. When inventory is out of stock, it means disappointed customers and leaving money on the table. Stockouts translate to lost sales, or what the store could have sold […]
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