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Transcript

The End of Retail Firefighting: Building the "Retail Nervous System" · The Retail Podcast

• 0:00
  I'm here with my new friend Costas from Data Viva.
• 0:05
  So Costas, what's this new innovation that you're bringing
• 0:09
  to the market? What do we do is that we combine
• 0:13
  planning and execution in one system for retailers.
• 0:17
  What that means is we can combine analytics and planning
• 0:20
  for long term, but we can also run and execute things like
• 0:24
  purchase orders, transfer orders, promotions, price
• 0:27
  changes. Which means that when in reality
• 0:31
  intervenes and things happen, we know exactly what to do and how
• 0:34
  to react. So which means less duplication
• 0:37
  of effort ecosystems and less work for the actual business
• 0:39
  team, less firefighting and hopefully a more well run retail
• 0:44
  business. And why Data Viva what?
• 0:46
  What's the innovation that you feel you're bringing to the
• 0:49
  market? The innovation is exactly that,
• 0:50
  actually, the fact that our planning system can do
• 0:53
  transactions, they can keep being updated and running
• 0:56
  calculations 24/7 like an ERP system.
• 0:59
  But this is not just an ERP system, it's also planning and
• 1:02
  analytic system. Brilliant Cosas, thank you so
• 1:04
  much.