New tool for the Petroleum and Convenience Store Market

RedPrairie, a leading consumer driven optimisation company, has unveiled Retail Performance Management™ [RPM] for Petroleum and Convenience Stores.

Built on Microsoft® Office PerformancePoint Server 2007, RPM is a web-based analytic reporting solution that leverages the wealth of existing information from RedPrairie’s retail operations applications and seamlessly synchronises it with warehouse data, internal KPI’s as well as industry benchmarks.

All of which are displayed in an intuitive, user friendly interface.

RPM provides inherent integration with Microsoft Office PerformancePoint Server 2007 offering RedPrairie customers enhanced business intelligence tools to analyse retail operations data.

“Microsoft continues to expand its partnerships with retail and hospitality solution providers, such as RedPrairie, which bridge the gap between people and the information needed to drive business success,” saiys Bill Gonzalez, general manager of worldwide retail and hospitality industry solutions, Microsoft Corp.

“Today’s announcement brings us one step closer to our goal of enabling facts-based decision support and superior performance across the retail enterprise.”

“We’re pleased that Microsoft has embraced our approach to strategic retail performance management,” says Kim Eaton, President, RedPrairie Retail Productivity Solutions division.

“This is an industry leading solution that provides any size organization unprecedented insight into their business.” Eaton continues.

“The addition of RPM to our retail operations suite enables us to provide our customers with a cost-effective, flexible, well-integrated and complete offering, bringing the benefits of the strategy-focused organisation to all of our customers.”

Retail Performance Management Solution Details and Benefits

Developed for business decision makers, field operations and marketing personnel, RPM for Petroleum and C-Stores, integrated with Microsoft Office PerformancePoint Server 2007 puts the data and business rules for business intelligence on a centrally managed server and makes scorecarding, analytics and the entire performance management cycle much easier and less time-consuming. Retail Performance Management offers many unique advantages:

Interactive dashboards that zero-in on relevant data – Retail Performance Management uses powerful Web-based visual dashboards that can be delivered to individuals based on their organizational role and location. The embedded Scorecards can contain KPI’s and links to charts, tables and reports, allowing the business user to easily navigate to the relevant information.

Based on a strong analytical foundation – Retail Performance Management includes OLAP analysis that integrates with Microsoft Excel 2007 for fast, easy to use, ad hoc reporting.

In addition, it provides visibility into business operations and factors impacting the business that allow for more flexibility and timely decision making.

Low total cost of ownership – Retail Performance Management can be deployed as a secure, Hosted/SaaS solution that allows for rapid implementation. RedPrairie’s hosted services have a proven 99.9% historical total system availability.

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