Measuring the Value of Data Sharing Retail Analytics

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Retailers have wealth of data, but not enough time to dig into all the details and find new opportunities.

A recent Coresight study explored the value of sharing. The findings showed that by sharing sales and inventory data with suppliers, retailers can increase sales by up to 4%. With the U.S retail sales predicted to top $4.89 trillion in 2020, this equates to a $195 billion opportunity.