To grow your business today, you need to stay on top of rapidly changing consumer tastes and trends and understand and adapt to new buying behaviors. We can help with information that can be used throughout the business cycle.
Our Retail Tracking keeps you abreast of market movement, highlighting your sales against the total market, helping you to identify key areas of growth and opportunity. Consumer Tracking delivers a better understanding of your customer and your competitors’ customer.
Retailers who opt to share their account level information can use NPD Account Level Reports with vendors of their choice as a common currency for enhancing collaboration and category management.
To address specific business issues, we offer proprietary solutions. Our wealth of consumer and point-of-sale information can also be used in conjunction with your own data or third-party information for forecasting, opportunity identification, market evaluation, pricing, and more.
1) Predict demand down to store and SKU level
2) Predict promotional campaign affect in the store, transportation and warehouse operations
3) Buy optimal quantities
4) Manage the risk associated with stock outs vs promotional campaigns and waste
5) considers assortment constraints and category efficiency 6) simulate store queuing for capacity analysis purposes and cost reduction purposes.
REVENUE, SALES & PROMOTION Revenue management and price optimization is a core-activity in any market oriented company operating in different industries (Retails, Fast Fashion, Chain Store, Car Rentals, Web Business, etc.). The goal of our suite is to provide, to the revenue managers, advanced analytics, using a unique combination and integration of predictive, optimization and simulation models. While the analytics tools are complex the results are always presented in an intuitive way.
The core products included in the Revenue, Sale, Price & Promotion (RSP&P) suite are: Dynamic Price Optimizer (DPO), the multi-paradigm predictive paltform - Before! Predictive Analytics with Before! Sales Campaign -, the customers and market profiling analytics (CMP), the promotion optimization and what-if analysis platform - Before! Promo.
Before! Sales Campaign
Before! Sales Campaign software addresses the needs of industries where the products and the merchandise assortments, have a fast renewal dynamics, even during the same season, like the case of fashion and fast-fashion channels, electronics or several web-business
Before!Promo, is a complete multi-paradigm analytical tool by ACTOR, developed for scaling enterprise companies. In the current competitive scenario the consumers pay high attention to the promotions, on the other hand promotions exposed retailers and vendors to higher risks in terms of image, in case of stock-out or costs in case of over-stock. When products are fresh-food or fast fashion for example, the risks become even higher.
Before! Predictive Analytics
Before! Predictive Analytics or simply Before!, is a complete multi-paradigm demand forecasting platform by ACTOR, developed for scaling enterprise companies. Before! provides you the capability to forecast the demand while gaining control of the related organization processes such as; planning, procurement, inventory optimization, store replenishments, etc..
Dynamic Price Optimization
Dynamic Price Optimization (DPO) is a capacity and revenue management software based on sophisticated analytical algorithms. It permits users to optimize the prices of products, assets and commodities over the time based on the expected demand, the competitor’s prices and other key-information like, for example, price elasticity.
Use the power of A.I. to make the optimal choices clear.
Measuring grocery and retail data is a highly complex and tedious task. The changing and dynamic relationships between your products and customers in addition to the effects of pricing and promotions make understanding and leveraging all this data humanly impossible.
Daisy does what humans can’t. Using our focused artificial intelligence (A.I.) and proprietary mathematic solutions Daisy turns impossible big data problems into actionable decisions. We analyze very large quantities of our clients’ transaction and operational data in order to provide weekly promotional, price, and forecasting recommendations which our clients can use to grow total sales basket size, improve margins, and delight customers. Daisy provides more than tools and dashboards, instead Daisy provides you with actionable insights that are proven to help you make more profitable decisions and compete in the new world of retail.
Daisy turns your underleveraged data into your most profitable asset and source of competitive advantage.
Outputs are specific, actionable recommendations to core merchandising decisions – not charts or tools
A.I. is self-learning and adaptive -perfect for the dynamic world of retail
Outputs are optimized to bottom-line/top line performance
No hardware/software to install – up and running in 30-60 days
Without a doubt, Daisy has driven a meaningful lift in basket size and trips without any additional margin cost – Scott Little, CFO Earth Fare
Read the case study with Earth Fare here to find out more!
Managing the details of a store redesign is a full-time job – and you already have one. Whether your project involves 15 stores or 1,500, KRS’ program management will save you time and money by coordinating every aspect of the process on your behalf, ensuring your project delivers on time and within budget.
Trendalytics is a visual analytics platform that marries the art and science of fashion and beauty. We measure how consumers resonate with merchandise trends by identifying and synthesizing product attributes across social chatter, search behavior and shared images to reveal the most relevant insights that are actionable for merchandising and marketing teams. We developed our platform with insights and feedback from over 100 professionals across 40 brands and retailers.
Often times assortment planning is a tug-of-war between art and science. There's the art - knowing your customers and current trends and being able to create a display that demands attention - and the science - looking at the assortment as a mix of numbers,
algorithms and statistics that guide decisions. JustEnough Assortment & Space Planning automates the process, combining the art and science to give you the flexibility to get more in-depth assortments.
NCR’s Power DAX creates the perfect order for your retail site so that you never have too much or too little inventory. Forecasting algorithms use customer demand signals, upcoming promotions, historical demand patterns and calendar events to forecast the demand for every item in your store. The system uses these forecasts along with delivery cycles and other key variables to create orders that will exactly meet demand requirements without having too much inventory on the shelves.
-Reduce inventory levels while also reducing out-of-stocks and over-stocks
-Improve ordering efficiency by eliminating manual ordering procedures
-Eliminate throwaways and perishable loss by reducing over-ordering
-Increase customer satisfaction and loyalty by having inventory they want to buy
-Manage inventory exceptions with automated alerts to reduce shrink
Since 1998, IEE has supplied the ScanVue™ line of Price Verifiers. Available with cost-effective VFD or full-color LCD displays, IEE offers a variety of configuration options to meet your specific needs and requirements.
We also provide complete ScanVue™ documentation for our customers, including the appropriate user manuals and software development kit. Please note that access to this information is limited to IEE current and future customers and is not available to the general public. Contact IEE sales to request a password.
RTC's Advanced Promotion Management (APM) module provides retailers running JDA® Merchandise Management System® (MMS®) with an automated promotion system that eliminates excessive discounting and helps retailers take their current promotional campaign beyond base Price Management parameters.
Campaigns can be set up for auto-apply, not requiring the presentation of a coupon. Campaign set up allows multiple selections of hierarchy, vendor, and item. APM eliminates double discounting by configuring campaigns to provide the item discount only if that item, within the transaction, has not already been discounted.
Having the right items on the shelf, not too few, not too many, is becoming an increasingly complex trade-off. To stay on top of what is selling and why, the customer must be the center of all of your strategic decisions. Using deep customer insights, our approach minimizes the sales risk when delisting items, frees up space from underperforming items, and helps you consistently hit your targets with the best performing products– giving you the competitive edge.
Assortment optimization and localization: Determine optimal localized assortment recommendations at the cluster or individual store level to satisfy local shopper needs
Assortment strategy: Evaluate your current assortment performance at multiple levels of the store hierarchy
Detailed forecasting: Understand the likely impact of strategic and tactical assortment decisions on volumes, sales, and profitability
Advanced assortment analysis: Conduct trial-and-repeat, source of volume, and cross-shop analyses
What-if analyses: Simulate and review the impact of potential assortment de-list decisions incorporating demand transfer and halo effects to understand full category impacts
To improve performance and competitive advantage, retailers need to synchronize their strategic, financial and operating planning activities across their retail operations. With JDA’s Merchandise Planning & Assortment Management solutions, companies can develop comprehensive, enterprise-wide plans that more accurately reflect consumer demand and drive margins.
Intelligent eCommerce Category Management starts here
Our technology breaks down visual content into people, places, products, patterns, attributes, colors etc and derives utmost meaning and context out of them.
As a Grocery Retailer, are you struggling to increase the revenue of your eCommerce operations while maintaining or improving margin?
Intelligent Category Management
As a grocery retailer, your margins are tight, so every little bit helps. Help your merchandising team effectively manage stock out situations, so that customers are satisfied and you maintain your Gross Merchandise Value (GVM).
Start with Rich Content
IceCream Labs Intelligent Category Management includes content enrichment with our CatalogIQ.
Is your product data ready to publish?
Facet and meta data
SEO optimised product titles
Control Out Of Stock Situations
Nobody enjoys an out-of-stock event. It can mean the end of your relationship with a customer.
With real-time recommendations for alternatives, you can improve customer satisfaction. Validate alternates at the moment a user adds to their cart or during checkout.
During pick-n-pack is when your operations team is likely to discover an inventory conflict. Our recommendation engine can suggest equivalent products to the picker so that the order can be fulfilled.
Real-time Recommendations of Similar Products
Help your customers complete their cart by recommending similar or related products.
Our artificial intelligence engine helps your merchandising team automatically understand all of the related and similar items. Adding a new item? The system immediately finds all of the other existing items in the catalog that are a perfect match.
How complete is your product data? Is it ready for your e-commerce team to publish?
There are several characteristics which provide insight:
Accuracy of attributes (are all of the attributes congruent?)
Is your product record SEO optimized?
How well does your product data match up to customer site searches?
How unique are the attributes?