Wesco Deploys Retalix's DAX Analyzer Dashboard to Enhance Demand Forecasting and Replenishment
New System Helps Retailers Manage Performance and Translate Data into Actions
DALLAS – Sept. 30, 2009 – Retalix® (Nasdaq-GS: RTLX) today announced that Wesco, a self-distributing convenience store chain with 51 locations across Michigan, has chosen Retalix’s DAX Analyzer, powered by the QlikView business intelligence engine from QlickTech, to further enhance its demand forecasting and replenishment operations.
DAX Analyzer provides Wesco a dashboard-style business intelligence interface that integrates with the retailer’s existing installation of Retalix’s DemandAnalytX (DAX) solution, and gives company management a high-level view of key performance indicators (KPIs) for inventory and replenishment management. To-date, the system has helped Wesco experience a 37 percent inventory reduction and 53 percent out-of-stock reduction.
“We’ve used DAX for demand forecasting and replenishment for two years, and it has been a wonderful and valuable tool. So we were very eager to obtain DAX Analyzer when it became available,” said Rachelle Osborn, director of information technology at Wesco. “The software’s simplified, yet very intuitive, dashboard interface seamlessly works with DAX to give us quick access to and control over our company-wide retail data, so we can make rapid and optimal supply chain decisions.”
DAX Analyzer gives Wesco an ROI scorecard and drill-down capabilities that help management immediately measure and manage KPI changes to meet business objectives. The system displays KPIs such as out-of-stocks, inventory, inventory days on hand, user change rates of recommended order, inventory counts and spoilage/shrink to indicate a “good,” medium,” or “bad” range. This allows the user to quickly understand anomalies and their root cause(s). The memory-based dashboard can be personalized for specific time periods or for specific groups of stores or products – and assigned to each user so they see only their data and can take fast action.
“The DAX Analyzer will help Wesco management effectively sift through vast amounts of data and proactively correct inventory and replenishment variances,” said Rik Schrader, senior vice president, Supply Chain Division at Retalix USA. “Retalix DemandAnalytX and the DAX Analyzer were developed to increase a retailer’s visibility and control over their supply chain activities, thus driving down operational costs.”
Retalix DemandAnalytX is a browser-based, demand-driven replenishment solution, designed specifically for food and fast moving consumer goods retailers to optimize inventory and streamline the order process. It is comprised of four core modules: Demand Forecasting, Inventory, Ordering, and Analytics, and contains unique algorithms to interpret demand and optimize replenishment orders.
Wesco has also been a user of Retalix’s Power Enterprise suite since 2005.
About Wesco
Wesco began in 1952 as Westgate Refinery Outlet. In 1978 the first convenience store was opened in Michigan. Now with over 50 locations this Michigan chain is known as Wesco, Inc. The company has over 900 employees with annual revenue of $450 million. Web site: www.gowesco.com
About Retalix
Retalix® (NASDAQ-GS: RTLX) is a leading provider of software solutions to retailers and distributors worldwide. The Company’s product and services help its customers automate and synchronize essential retail and supply chain operations, encompassing stores, headquarters and warehouses. Specializing in the food industry, Retalix serves customers in more than 50 countries. For more information, visit www.retalix.com.
Retalix is a registered trademark of Retalix Ltd. in the United States and in other countries. The names of actual companies, products and services mentioned herein may be the trademarks of their respective owners.
Safe Harbor for Forward-Looking Statements: Except for statements of historical fact, the information presented herein constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and U.S. federal securities laws. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Retalix, including revenues, income and expenses, to be materially different from any future results, performance or achievements or other guidance or outlooks expressed or implied by such forward-looking statements. Such factors include risks relating to Retalix’s anticipated future financial performance and growth, continued roll-outs with existing customers, continued interest in Retalix’s new platforms, the perception by leading retailers of Retalix’s reputation, the potential benefits to food and fuel retailers and distributors, expansion into new geographic markets, and other factors over which Retalix may have little or no control. This list is intended to identify only certain of the principal factors that could cause actual results to differ. Readers are referred to the reports and documents filed by Retalix with the Securities and Exchange Commission, including Retalix’s Annual Report on Form 20-F for the year ended December 31, 2008, for a discussion of these and other important risk factors. Except as required by law, Retalix undertakes no obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events.
Contacts:
For media information:
Jeff Green
Michael A. Burns & Associates Inc.
+1-214-521-8596
greenj@mbapr.com
Darren Vader
Retalix USA
+1-469-241-8558
Darren.Vader@retalix.com
For investor information:
Tamir Peled
Retalix Ltd
+1-877-573-7193 x6283
Investors@retalix.com
Home| Company| Industries| Products| News & Events| Investors| Services| Customers| Careers| Contact Us
