inventory management

Driving E-commerce Growth with the Power of Reporting and Analytics

Driving E-commerce Growth with the Power of Reporting and Analytics

The latest studies reveal that e-commerce is the fastest growing retail market in Europe and North America. Analysts forecast that European online sales are set to grow by 16.7% this year, reaching an approximate value of £182.80bn. So what are the secrets behind the success of retailers leading this booming market? Most e-commerce retailers have achieved growth through hard work and extensive research – i.e. domestic and international developments, new trends, seasonal tendencies and monitoring spikes in demand. But considering the pace of e-commerce and how ultra-competitive the sector has become, to maintain this success retailers need accurate and contextual real-time reporting to remain adaptable. In addition to standard reporting and analytics, we have identified five other data ‘lev... »