Manage Your Web Store Like a Web Store
Beyond Brick-and-Mortar or Catalog
Deloitte’s Fourth Annual eCommerce Assessment Report identifies cross-channel inventory visibility as a key capability for today’s retailers in moving towards providing a true omni-channel shopping experience for consumers. With 7thonline, eCommerce retailers can gain such critical visibility that allows them to:
- Better understand inventory positions across channels
- Identify profit opportunities & inventory risks
- Begin to address related challenges such as cross-channel order fulfillment
7thonline eCommerce Solution is designed based on an important understanding that merchandise planning for eCommerce has its unique set of characteristics that set it apart from traditional merchandise management processes developed for brick-and-mortar stores or catalog. Our solution is therefore committed to guide eCommerce merchants and planners through the planning process with robust BI and analytics, and help them maximize profit and drive future revenues by tracking and analyzing the right set of metrics specific to eCommerce planning. For multichannel retailers, our embedded BI platform provides critical cross-channel demand visibility to enable effective analysis and execution of multi-channel merchandise management strategies.
Merchandise Planning
Align financial goals with merchandise line plan
- Define multiple budgets for each website
- Create top level plans by eCommerce specific metrics (Returns, Daily Sales Index, Demand v. Fill)
- Visibility to Web reserve from non-Web channels
Assortment Planning
Plan profit-maximizing assortments in analytical or visual view
- Designate visual focus styles
- Elasticity of color placement
- Create layout strategies by week/style/color
In-Season Forecasting
Plan and track in-season sales and inventory with demand forecasting
- Track performance by eCommerce specific metrics (Returns, Daily Sales Index, Demand v. Fill)
- Daily Forecast recommendations
- Web specific metrics (DSI, Demand)
- Visibility to Web reserve from non-Web channels
BI Report Builder
Intuitive & Flexible Reporting Engine Designed for The End Users
- Embedded BI—no additional cost to solution
- Domain specific for fashion industry
- Analysis of eCommerce specific metrics, i.e. daily sales, real estate comparisons
Drive optimized inventory positions for margin growth
- Gain total inventory and demand visibility
- Identify sales opportunities and inventory risks earlier
- Streamline merchandise and assortment planning processes
- Localize assortments for greater buying accuracy
- Decrease markdowns, increase full price sell-thru, reduce lost sales
Intuitive BI reporting engine, embedded
A wealth of decision making power only one click away
Need to see that Daily Top/Worst Seller list again? Just click “Run”. –No need to go back to spreadsheets or learn to write queries, you can easily build any report on the fly by simply “drag and drop” your desired attributes and metrics in the 7thonline Report Builder. Just click and dive right in to the freshly produced report on your screen without waiting on anyone else any more.
Given the explosive amount of data rolling in every minute and every day for your growing online channel, you need more time to analyze data and take quick actions instead of wasting precious time struggling with retrieving the right information to monitor and plan your next move. The tool you need for such analysis has to be intuitive and easy to use without requiring you to become a data scientist or programmer. It also needs to be relevant to your industry to allow for the highest quality reporting. That is why we have created our Report Builder to have an extremely intuitive interface and a large amount of attributes and metrics specific to this industry and the reality of eCommerce.
Unlike other solutions that offer BI as a separate module, we have decided to embed our BI Report Builder into our planning platform and offer it at no additional cost. We want our users to take advantage of this incredibly powerful analytical tool from Day One.
Build and run reports on the fly with simple “drag-and-drop”
Faster and more accurate way to analyze your business and make timely decisions
Gain access to a library of pre-made reports from industry experts and other customers
Leverage industry knowledge and best practices in tracking and planning your own business