SAN DIEGO, January 14, 2002 – In response to the increasing need for retail organizations to focus on business issues that directly impact the bottom line, GERS Retail Systems, a leading supplier of business solutions for the retail industry, will unveil new releases of all its core products during NRF’s 91st Annual Convention & Expo (Booth #731) in New York. Enhanced applications that GERS will premiere during the show include the release of powerful new data marts; the introduction of mobile point of sale; advanced planning with new "Intelligent 4caster" features; and an expanded business intelligence solution with tools for financial analysis.
"In this economy, retailers are returning to solid business basics and looking for ways to streamline operations and get a higher return on their investments," said Don Vander Beke, GERS’ Executive Vice President of Marketing and Support. "By releasing new versions of our core products, we’re providing retailers with a solution for every need. Whether a retailer wants to lower inventory costs, capture hot sales opportunities, or review financial performance, GERS has the solution to help them meet that goal."
Recognizing that inventory represents a retailer’s largest investment, GERS continues to enhance its PLANalyst suite of solutions to help its customers eliminate excess inventory, optimize sales and margins, and improve profitability. With the release of PLANalyst Version 8.7, GERS offers retailers an enhanced user interface to further improve the usability and navigation of the most user friendly planning solution in the industry. New "Intelligent 4caster" capabilities enable PLANalyst to recommend forecasting options when planning sales and inventory, and enhanced attribute modeling enables accurate item, category, and store modeling.
To help retailers pinpoint issues and opportunities that drive profitability, GERS has expanded RetailAnalyst, its business intelligence solution, to offer a financial analytical application. With the introduction of this new application, RetailAnalyst enables a dynamic review of financial performance – including all General Ledger activity, profit/loss analysis, and trial balance statements. By providing quick and easy access to financial information, retailers can reduce operating costs, accelerate financial reporting and distribution cycles, and determine which organizations are contributing to profit and revenue.
At the point of sale, the latest release of GERS Store1 introduces Mobile POS for wireless transaction management throughout the store. By enabling retailers to conduct a wide
range of customer service and sales transactions via wireless hand-held devices, this exciting new enhancement improves customer service capabilities and provides retailers with the operational flexibility to service their customers when and where they require attention.
As the foundation for these applications, Enterprise1 features a combination of powerful enterprise management applications, including merchandising, distribution, and financial management modules that electronically enable the entire enterprise to improve the customer experience and maximize return on investment. With the release of Enterprise1 Version 8.0, GERS introduces powerful new data marts of a retailer’s entire transaction history for online analysis and decision support functionality at all levels of the organization, from SKU to store to employee to warehouse to the entire enterprise. Other features include expanded apparel management capabilities, with enhanced size/color grid management, and pre-pack support throughout the product life cycle. With the integration of RetailAlert, this new version offers advanced merchandise workflow capabilities to automate the purchasing process.
About GERS Retail Systems
With over 28 years of experience and 300 installations worldwide, GERS Retail Systems is a leading supplier of software solutions for the retail marketplace. The GERS Electronic Retail Enterprise includes mission-critical transaction management applications for multi-channel retailing, and provides fully integrated corporate office applications for merchandise replenishment and allocation, distribution center management, and financial control. Integral to the GERS solution set are Business Intelligence applications for predictive modeling and decision support, Merchandise Planning and Allocation for increasing returns on inventory investments, and Workflow Automation applications for maximizing productivity across the enterprise. For more information, please visit www.gers.com.
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