Retail / Consumer
If your company is reliant on rigid point of sale, logistics, human resource and accounting systems from the era of big ERP (which are still selling globally), not only are you likely paying far too much to keep the IT lights on, but more importantly are likely missing opportunities to optimize product, human, corporate, and decision systems with advanced analytics in near real-time. Kyield's holistic systems approach embraces cloud and mobile computing with adaptable data modules so companies can optimize strategy and tactics for ever-changing conditions. By extending BI throughout the organization with Kyield's patented approach to adaptive semantics, a new generation of competitive advantage is emerging.
For example, if your top part-time sales agent 'Martha' in store number 342 just received her fourth customer complaint in trying on a new line of clothing, with Kyield installed she could alert management who have a need to know in seconds with her smart phone and prevent an error that could save the company several million USD six months out.
Your buyer would automatically see that Martha is rated high by customers and management; consistently near the top in regional sales, service and rewards. A brief profile managed by Martha within organizational parameters discloses that she is passionate about the store's products, works part-time for additional income, takes advantage of discounts on products, and enjoys social interaction. She formerly owned her own business, acts as a mentor to younger staff, but is not interested in management at this stage of her life.
By failing to extend the BI system to employees like Martha who interact with customers every day, companies are making tragic, expensive, and preventable errors. Martha's brain contains potentially critical business information that doesn't show up in financial and inventory systems, nor any other business system, unless and until she transfers that knowledge to data.
Grocery stores and big box retailers experience similar situations to clothing chains and department stores on a daily basis. Deep semantic intelligence is required on each entity to make sense of enormous volumes of data, which requires a carefully designed, adaptive system that automates certain specific processes to prevent crisis, seize opportunity, and align interests between entities.
With Kyield's patented approach combined with mobile and cloud computing, agile methods, and standard languages, it's now possible to 'leap-frog' over rigid enterprise systems designed in the 1970s and continually adapt to modern markets, supply chains, staffing changes, and customers almost anywhere in the world in near real-time. In addition, client and third party apps can plug-in to Kyield's platform which embraces Web and mobile standards. We also have internal consumer products in the pipeline.
We are currently offering exceptional long-term incentives to select retail companies to work in a collaborative manner to build out and test our revolutionary patented system. Please email us for a prompt reply to explore options in working together.
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