Press Releases
KB Toys Selects QuantiSense for Retail Business Intelligence and Data Warehousing
NRF 96th Annual Convention and EXPO, New York, NY — January 15, 2007 — QuantiSense today announced that KB Toys, America's largest mall-based specialty toy retailer, has selected QuantiSense as its retail business intelligence and data warehousing application.
QuantiSense enables KB Toys to understand its merchandising needs based on past & present seasonal trends, events, and regional customer demand. With QuantiSense, KB Toys can improve service levels for its customers while also improving return on inventory.
"We are evolving our approach to buying, planning, allocation, and store operations. We wanted more rigor and flexibility around reporting to do it more effectively. QuantiSense, with its singular focus on specialty retail, was the right choice for us," said Frank Andryauskas, Chief Information Officer at KB Toys.
Tim Armstrong, Director of Analytical Business Solutions at KB Toys added, "Our executives will be enabled to spot opportunities for the business using scorecards and dashboards, and then ask our retail professionals to dig deeper into the intelligence. QuantiSense enables our whole team, from executives to analysts, to work together in understanding our business and capitalizing on opportunities."
Following its standard implementation methodology, QuantiSense will deliver the application in fewer than 100 days including:
- Data extraction, transformation, and loading of planning, merchandise, and sales information from KB Toys' mainframe retail ERP system
- A best-practices retail data warehouse that reduces data storage needs to a fraction the size of traditional data warehouses
- The QuantiSense Retail Learning Infrastructure™ for highlighting exceptions and business opportunities
- Role-based dashboards and interactive reports for Executive Analysis, Merchandising, Finance, and Store Operations
- Playbooks™ for using best practices to turn insights into action
"QuantiSense is pleased by the opportunity to help KB Toys hit the ground running with state-of-the-art retail business intelligence that serves the unique needs of their business," said QuantiSense CEO Jeff Buck. He added, "We hope to further the growth of KB Toys' culture of measurable success and ongoing improvement."
About KB Toys
KB Toys, Inc. is the nation's largest mall-based specialty toy retailer, operating nearly 600 stores in the United States, Guam, and Puerto Rico. Headquartered in Pittsfield, MA, the privately-held company has been delighting children and parents alike with the fun of toys for generations.
About QuantiSense
Founded in 2001, QuantiSense builds business intelligence and data warehousing applications exclusively for retail organizations. Utilizing pre-built data loading components that integrate quickly with other systems and any database platform, QuantiSense provides retail businesses with packaged analytics built on the MicroStrategy business intelligence platform for Merchandising, Executive Analysis, Finance, Store Operations, Marketing, and Customer Analytics. The result is a comprehensive solution that provides retailers with the actionable information necessary to make effective decisions and improve bottom line business results. Visit us at NRF 2007, booth #2917, or at www.quantisense.com.