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Gitanjali Licenses Business Intelligence Solution 'Krit'

Aug 17, 2011 5:18 PM   By Jeff Miller
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RAPAPORT... The Gitanjali USA retail division  entered an agreement with Keyline Solutions of Mumbai for the business intelligence (BI) platform  "Keyline Retail Intelligence Tool," or Krit. The solution allows Gitanjali USA to manage customer and inventory data, vendor management,  operations, store performance and more.

''This enables management to make informed data-based decisions regarding all of our business disciplines including, but not limited to, merchandising, operations and finance,'' said Dave Dell’Aglio, Gitanjali's chief strategic officer.

''Effective inventory management is the crucial component of profitability for retailers today. Krit is a versatile, multi-dimensional planning tool that enables us to develop optimal, store-specific product assortments even given the demographic diversity of our portfolio,'' Dell'Aglio continued. ''This has allowed us to maximize our gross margin return on investment, increase sales and improve cash flow by having the right product in the right stores at the right time thus elevating our position within the market place.''

The Gitanjali USA retail division operates under the trade names Samuels Jewelers, Samuels Diamonds, Rogers Jewelers, Andrews Jewelers and Schubach Jewelers.

 

Tags: business, intelligence, Jeff Miller, Jewelry, software, solution, stores
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