MOUNTAIN VIEW, Calif., Feb. 17, 2016 /PRNewswire/ -- Global retail analytics leader, Retail Solutions Inc. (RSi), has been named one of the top technology vendors for demand data analytics and retail execution by the readers of Consumer Goods Technology (CGT) magazine, the manufacturing industry's leading authority on business performance enabled by technology. RSi makes this list for a fifth year in the demand data analytics category and second year in the retail execution category, and has now been nominated for a total of ten consecutive years.
For the 16th year, CGT's readers recorded their votes for the consumer goods industry's preferred solution and service providers in 15 categories, which reflect the vast landscape of IT investment opportunities available today. The lists are determined by feedback from executives that work for consumer-goods companies of all sizes. The results and accompanying commentary from industry experts and analysts, guide business and IT decision makers in their quest to find the technology and service providers that are best suited to deliver a competitive edge in today's changing market.
"We are honored to once again be recognized by the readers of CGT as a top technology provider in both Demand Data Analytics and Retail Execution. RSi is one of the most innovative companies using demand data and has been pioneering many uses of that data to drive operational excellence," said Cedric Guyot, Chief Strategy Officer, RSi. "Retail Execution is one of the many areas on which we are working hand in hand with the top CPG companies, retailers and brokers. We hope that as we work with industry leaders to uncover even more data-driven opportunities, we'll get recognized in more categories in the years to come."
Unlike syndicated data providers in the category, RSi focuses on the entire enterprise, and supports supply chain, sales and marketing departments with a wide range of downstream data analytics daily, delivered via its cloud-based platform. As the survey points out, more and more, consumer goods companies are looking for software-as-a-service (SaaS) solutions. As one of the first solution providers to take advantage of the cloud to drive differentiation, RSi is a popular choice and continues to take market share away from on-premise solutions.
RSi has also been listed in the retail execution category ever since it was first added to the CGT survey. By adopting a company-wide, systematic approach to retail execution, RSi's CPG customers turn downstream data into actionable retail execution insights. Every customer team is armed with the tools and best practices necessary to cut out-of-stocks by 25 percent, improve forecasting accuracy by 10 percent, find new efficiencies in promotion design, compliance and execution, and greatly increase new product introduction effectiveness.
To view the complete survey findings, visit: http://consumergoods.edgl.com/2016-readers-choice.
About Retail Solutions Inc. (RSi)
Retail Solutions Inc. (RSi) turns retailer data into opportunity - in the store, on the shelf and with shoppers worldwide. Designed to automate the path to purchase and drive value across the supply chain, RSi's proprietary algorithms, business processes and suite of intelligent, cloud-based applications help the world's leading consumer goods manufacturers listen and respond quickly to consumer demand - ensuring the right product is in the right store, at the right time. Each day, the RSi platform processes billions of records from over 150 major retailers in more than 150,000 locations around the world and turns this data into actionable insights for immediate decision making. In 2014, RSi also launched ansa, a turnkey solution for CPG Shopper Marketers to target, optimize and attribute their digital campaign. This service can be added inside any campaign through one of ansa's integrated ad partners. From solving out-of-stocks and identifying inaccuracies in the supply chain, to optimizing digital marketing efforts, RSi maximizes product availability, uncovers new business opportunities and drives sales. More than 500 global CPG companies including such household names as Colgate-Palmolive, Nestle and Procter & Gamble trust the RSi platform. To learn more about the company, please visit: http://www.retailsolutions.com/ and http://www.ansainside.com/.
About Consumer Goods Technology (CGT)
Consumer Goods Technology (CGT), an integrated media brand, is the leading resource for consumer goods executives looking to improve business performance. Delivering content in print, online and face-to-face, CGT reaches an audience of more than 76,000 consumer goods executives ranging from managers and directors to VPs and CIOs. CGT also covers business and technology trends in all major segments of the consumer goods sector, including Food, Beverage, Packaged Goods, Consumer Electronics, OTC Pharmaceuticals, Health & Beauty Aids and Apparel/Footwear. For more information on CGT, visit www.consumergoods.com.
PRLog ID: www.prlog.org/12534223
SOURCE Retail Solutions Inc. (RSi)