KORUS Fashion BI

KORUS Fashion BI is the specialized solution for automation of the corporate reporting in fashion-retail.

On July 26, 2016 the CORUS Consulting company announced an output to the market of a software technology for retailers in a fashion segment. Software helps to analyze data bulks and to find weak points in key business processes.

KORUS Fashion BI considers permanent changes in the nomenclature, unpredictability of demand, the expressed seasonality and consumer preferences in different price segments, some other features of fashion-retail. The product is intended for scenario data analysis of the retailer by means of the interconnected reports and helps to fix most fully, to quickly adjust inefficiency of business in general or defects of local processes.

In addition to traditional blocks for collecting of analytics in retail which participate in report generation about efficiency of each sales channel a system compares them among themselves, estimates sources by the set criteria, helps to analyze effectiveness of all retail chain stores.

KORUS Fashion BI offers the detailed, evident analysis of cross-sellings, results of sales of cut-price goods, influences of the marketing actions directed both to sale, and to loyalty of buyers by means of which the user of a system will see what specific combinations of goods are bought by clients.

The solution provides functionality for the analysis of the change in price for each goods in the different periods. Modules of control of existence and depth of the range show, the specific goods how successfully were on sale.

The block of control of stocks shows what amount of goods is in warehouses or in distribution centers. This information allows to estimate accuracy of the made management decisions on purchase, correctness of distribution of goods between shops, existence of overstocking, liquidity of goods in warehouses and in shops at specific timepoint.

As in the industry of fashionable goods employees often create image of the company that has an impact on loyalty of buyers, one of additional systems capabilities - efficiency analysis of work of personnel.

The most part of our projects in the field of retail belongs to the sector of fashion. We are glad to propose to the market the solution which noticeably will accelerate and will simplify process of collecting of necessary data and acceptance of important management decisions for our clients. Long-term examination in the field of implementation of information systems in retail, in the fashion-industries and also extensive technical competences of a command all nuances of the corporate reporting in the industry allowed us to consider a big portfolio of projects of Corus Consulting and to create idle time in use and the flexible tool which will allow fashion-retailers to change quickly quality of the arriving data and to make the weighed and productive decisions. Alexey Sverdlov, director of the department of BI of CORUS Consulting Group