Modell's Sporting Goods
New York based Modell's Sporting Goods, boasting almost
100 stores throughout the north east and mid Atlantic states, needed
a merchandising system capable of providing planning.
Merchandisers needed to manage daily inventories to optimize margin
and placement of goods in stores based on local demand.
Virtual Strategy implemented an operations based solution
integrating point of sale data, inventories, purchase orders, accounts
payable, general ledger, and other data sources in an efficient
enterprise model. Dynamic scorecards and reports were created to
provide merchandising planning and margin capabilities down to the
SKU level.l Other features include new product alerts, and on the
fly product grouping and analysis.
Virtual Strategy's advanced 'what if' capabilities
permit scenarios around product, vendor and other merchandising
issues to be examined before decisions are made. In addition, Modell's
wanted a more accurate and flexible way to access data on their
legacy COBOL systems. Virtual Strategy was able to load from these
systems without the need for complex data staging, cleansing tools
and provide executives with a simpler more powerful reporting interface
for operational data.
"Compared to other competitive products we
saved in excess $1M and 18 months on the implementation.. Virtual
Strategy built our entire solution during the peak retail season
with minimal impact on our staff. The solution has given Modell's
unrivaled merchandising capabilities."
- Larry Long, CFO/CAO