Retail

Bridge merchandising and marketing data
and processes across the retail enterprise.

How CAN AMURTA DELIVER BETTER MERCHANDISE PLANNING & PRICE OPTIMIZATION?

Our innovative, multi-channel analytical capabilities unify data, customer demand, and insights to drive profitability, manage inventory, and stay competitive

Customer – Centric Assortment Planning and Optimization
  • Predicts customer demand and forecast its impact on future sales
  • Takes use of predictive and prescriptive analytics or advanced clustering to understand the customer’s path to purchase
  • Identifies opportunities to improve performance and increase profit
  • Determines the best combinations based on shelf space and financial objectives
  • Optimizes merchandising decisions to improve customer experience
Merchandise Location Planning
  • Uses trade area analysis to determine local in-store and online merchandising, inventory, and pricing decisions
  • Automates processes to predict sales by location, create relevant assortments, and optimize inventory – this leads to making pricing decisions that resonate with customers and supporting e-commerce fulfillment initiatives
Size/Pack Optimization
  • Boosts margin by understanding historical sales and true size demand.
  • Forecasts quanitites down to store/size level.
  • Recommends pack configurations to meet supply chain constrains and distribution costs.
Price Optimization
  • Boosts incremental margin by optimizaing price-over-product life cycles
  • Uses analytics to comprehend competitior pricing, shape demand, and meet financial goals

WHY USE AMURTA FOR MERCHANDISE PLANNING AND PRICING OPTIMIZATION?

 Use our Data Insights Platform to implement current merchandise planning or allocation and replenishment solutions to enable an end-to-end retail inelligence solution. Transform your business to meet various channel strategies.

1
Improve Key Performance Indicators

Optimize financial and assortment plans, as well as allocation and replenishment strategies.

2
Enable Better Assortment Planning

Efficiently rationalize assortments, accurately determine optimal choice count, and understand what items were not included to identify missed opportunities.

3
Localize and Drive Profitability

Statistically cluster locations based on selling patterns to perform  more efficiently and maximize revenue.

4
Boost In-Stock Service Levels

Meet consumer size demand by accurately making millions of item or location decisions – even down to size 

5
Increase Profit Margins

Optimize profitable pricing strategies over the product life cycle.

6
Implement Analytics

Make analytics more approachable to business users and gain valuable insights through graphs, charts, and scorecards 

SPEAK TO OUR EXPERTS TODAY

If you have queries or are ready to discuss how our Data Insights Platform can help you improving your organization govenance process.