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Royal Cyber Retail Industry

Royal Cyber Retail Industry. How Analytics Works in Retail Industry. What if…. Operations ... could optimize inventory and assests and deliver a reduction in supply chain costs and warranty claims?. Human resources ... could decrease staffing costs according to seasonal trends?.

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Royal Cyber Retail Industry

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  1. Royal Cyber Retail Industry

  2. How Analytics Works in Retail Industry What if… • Operations ... could optimize inventory and assests and deliver a reduction in supply chain costs and warranty claims? • Human resources ... could decrease staffing costs according to seasonal trends? • Brand managers ... could increase market share by rapidly introducing hot new styles based on feedback? Store managers… could increase same-store sales by predicting buying patterns and modeling the right store layout? • Finance ... could reduce operating costs and improve total profitability? • Merchandising ... could dynamically change and tailor assortment plans based on demographic and location insights? • Marketing ... could easily offer personalized price promotions to different customer segments?

  3. Royal Cyber Advanced Analytics Offerings Customer Analytics Merchandizing Analytics Store Analytics Supply Chain Analytics Loyalty Analytics Customer Segmentation Product Affinity Analysis Customer Lifetime Value Propensity Models Sentiment/Social Media Analysis Single View of Customer Dynamic Merchandizing Price Optimization Promotion Planning, Design & Effectiveness Site Selection ROMI Market Mix / Product Mix Model Assortment Planning Shelf-space Optimization Store Clustering Market Basket Analysis Cross-Sell / Up Sell Analytics Gravity Model & Sales Forecasting Demand Forecasting Inventory Planning Warehousing & Distribution Network Optimization Warranty Analysis Customer Acquisition Loyalty Program / Campaign Management Attrition / Retention / Win Back strategies Loyalty Strategy and Roadmap

  4. Single View Of Customer

  5. Royal Cyber Approach Single View of Customer is achieved through continuous integration and normalization of customer data across retail enterprise, partners and external data providers …

  6. Smarter shopping experience through SPSS & TM1 • Analytics for promotional planning • Optimize and evaluate promotion plans with scenario modeling and planning • Analyze and evaluate the success of promotions • Help ensure vendor compliance • Enable more efficient use of company and trade spend • Drive higher sales and help protect margins • Predict the response rates of direct marketing promotions based on customer attributes, including where they live and previous response

  7. Segmentation As Per Customer Buying Pattern

  8. Smarter merchandising and supply chains through Cognos TM1 • Financial merchandise planning • Create what-if analyses based on historical data with top-down merchandise financial planning • More effectively control spending and inventory levels and plan purchases • Balance and predict supply and demand to help meet customer needs while protecting margins • Help raise sales, improve inventory turnover, reduce markdowns and, by extension, increase profits • Integrate the merchandise planning process with marketing, operations and finance to support collaboration • Manage the strategic stock plan • Improve consistency with a single set of financial goals and business objectives • Deliver efficiency by using a single tool to complete top-down and bottom-up planning

  9. Smarter merchandising and supply chains – Dashboard Analysis Store-level assortment • Predict the probability of selling individual products by store for a specific time period, which helps you better meet customer demand and optimize inventory levels • Help ensure that the right products in the right quantity are ordered for each store to meet customer demand and increase revenue • Understand store profiles, item-level sales history and external data to help improve the return on investment (ROI) of inventory investment • Generate a more optimized assortment plan by location to increase customer satisfaction and basket size

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