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Retail Pro POS Users Get New Tool To Increase Profit

POS systems gather data on past performance but can't look forward. Management One now links directly from Retail Pro POS systems to provide open-to-buy planning that is accurate and aggressive in growing an independent retailer's cash flow.

FOR IMMEDIATE RELEASE

PRLog (Press Release) - Feb 27, 2010 -
February 23rd, 2010) – Management One®, a leading International Retail Consulting firm specializing in working with independent retail stores and boutiques with inventory planning, management processes, cash flow planning, and marketing, announced today that they have completed programming on the link that will capture the data needed for inventory planning and upload it to the Management One database. The new upload package has many new features included the 4-5-4 calendar capability.

This breakthrough makes it affordable to upgrade Retail Pro POS systems so that retailers can get much more accurate sales forecast and picture of future demand each month by merchandise classification. "A big advantage is that retailers can get the benefits of our Plan-On-Demand process where their OTB, sales, and receiving are all updated whenever the retailer wants!" according to Evan Wise, managing director. "The implementation of this technology means that data will be transferred easily and accurately whenever the retailer needs updated feedback on progress," said Marc Weiss. This improvement allows Retail Pro users to join other POS system users like Certek, Smyth Retail Systems, RunIt, UTC and Cam in providing their clients with seamless compatibility to the Management One Winning@Retail process.

Management One® is committed to helping retailers grow their businesses profitably. Today Management One® is a leading provider of information and processes to retailers in the United States, Canada, Ireland, The United Kingdom, and France. The company was founded in 1990 by its 2 principals, Evan Wise and Marc Weiss. The firm has grown organically by attracting some of the best and brightest players in the retail community. Their International reach has established Management One® as the premiere retail planning and consulting company for independent retailers  in the United States.

“The new upload capability enables me to give the kind of help and guidance to Retail Pro retailers at an affordable price  that they have been missing for many years. I know this will help them improve their bottom line,” said Robert  Reedy a Management One affilaite in Northern California..
Dennis Levine, a Management One affiliate in the Midwest says,"that his consulting takes him deep into retail organizations, as the planning he provides often points up other areas that need help. Accurate and timely data will only help make these conclusions more valuable."    Retailers using Winning@Retail typically find a return on investment of up to 15 times in the first year.

“There really isn’t an area of the retail business that we can’t help with,” said Cathy Wagner, a Management One affiliate in Chicago. John Adams, a San Diego affiliate states,  “We’ll do whatever we have to in order to help our customers. And if they need help in an area that we don’t know about, we have forty people we can bring in to help solve the problem.”
For more information, visit www.management-one.com

ABOUT MANAGEMENT ONE®
Management One® is a consulting firm, specializing in assisting retail stores with their inventory planning, open to buy and management processes. The firm was started by Evan Wise and Marc Weiss, who each have 30 years of experience working in and consulting with retail companies, from single-store mom-and-pop operations to major retail chains as well as fortune 500 companies. Processes include Winning @ Retail™, Winning @ Business™, Winning @ Turnarounds™; Winning @ Finance™ and Successful Retail Openings. For more information, contact Management One® at 888-921-6663 or visit www.management-one.com.

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About Management One, www.management-one.com, and their ability to accurately forecast future demand in each classification and use that information to project the right Open to buy budgets for independent retailers. Management One has affiliates throughout the U.S., U.K., Ireland and Canada. The firm was started by Evan Wise and Marc Weiss, who each have 30 years of experience working in and consulting with retail companies, from single-store mom-and-pop operations to major retail chains as well as fortune 500 companies. Processes include Winning @ Retail™, Winning @ Business™, Winning @ Turnarounds™; Winning @ Finance™ and Successful Retail Openings. For more information, contact Management One® at 888-921-6663 or visit www.management-one.com.

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Contact Email:
***@management-one.com Email Verified
Source:Management One Ltd-
Phone:630 886 8848
Fax:520 878 0301
Address:7925A North Oracle suite 114
:Oro Valley, Arizona
Zip:85755
City/Town:Tucson
State/Province:Arizona
Country:United States
Industry:Fashion, Retail, Apparel
Tags:, , open to buy, , , , , , , , ,
Last Updated:Feb 27, 2010
Shortcut:http://prlog.org/10552433
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