Assortment planning
It involves market study, development and optimization of assortment mix to maximize revenue potential
Price optimization
Price optimization involves leveraging various sales data to define the right pricing and promotion strategies. We also develop AI models for dynamic pricing
Markdown optimization
Markdown analysis involves identifying markdown candidates and their price to maximize profitability over the lifecycle
Market basket analysis
It involves tracking and analyzing the baskets of all of its customers to identify cross sell opportunities
Logistics & Supply Chain
Procurement Optimization
Procurement optimization involves aggregating short-term product requirements, evaluating it and ordering the right quantity from the right vendor at a right price
Price optimization
It involves managing the movement of goods such that there is optimal utilization of warehouse space and efficient movement of goods as per their demand/supply
Distribution Optimization
It involves selecting the right source for delivery and optimization of routing of goods to retail stores to reduce costs and enhance service levels
Vendor Assessment
It involves developing vendor assessment scorecards based on various parameters like quality of products, return handling, credit period, delivery times etc.
Sales & Marketing
Customer Lifecycle Management
Analytics driven program to maximize customer value by managing their acquisition, purchase and retention
Marketing Mix Optimization
It involves optimizing advertising and promotions strategies to enhance revenues while arriving at the best distribution of cost
Promotion Strategy and Effectiveness
This entails understanding the needs for promotion, designing them and measuring its effectiveness to assess the return on investment
Web analytics
Web analytics involves analyzing the internet usage pattern and reporting to optimize web usage
Fraud & Risk Management
Customer Lifecycle Management
Develop and implement statistical models to identify and prevent transaction frauds
Out of stock analysis & management
Develop stock observation dashboards and implement triggers based on replacement cycles to avoid out of stock situations
Retail loss prevention
Data mining of POS data and analyzing trends in store inventory movements to identify losses resulting from employee theft and mitigate inventory padding
Return Rate Analysis
Develop models to understand product return rates and embed in vendor evaluation and product handling processes