Point of Sales Data exchange - e-sales

An important information and decision making tool for companies (suppliers of retailers for instance) is the ability to access at their sales (point of sales data at store level) and inventory data, on time. The e-sales services are flexible and smart tools which allow everyday monitoring of sales and inventory levels of supplier products at each retail store - point of sales - using only a simple internet connection. The benefits deriving from using the e-sales service are proved important for organizing effectively various business areas such as sales, production/manufacturing and marketing.

e-sales benefits include:

• Daily access to important sales information for each product code per store - point of sales of each retail chain
• Daily access of sales for new stores
• Inventory levels control to increase product shelf availability
• Improved planning of production/manufacturing or import activities of products according to sales and inventory levels
• Keep historical data in order to produce forecasts (logistics forecasting, replenishment forecasting etc.)
• More effective promotions by continuously observing them in order to deploy corrective promotion actions
• Better understanding the different purchasing preferences of consumers per geographical area.