Rplus Retail analytics solution
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Transcript of Rplus Retail analytics solution
DemandSense
- A Cloud based Retail Analytics Application
DataSheet by R+ Analytics
Better Decisions…Bigger Results
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What our customers say about us?
R+ Team impressed our Top Management and business users with their analytical
capabilities and technology and data expertise…….
CIO of a leading private online education More insight to our data
which helps us to take effective decision, Improved
Employee Productivity.Senior Manager of a leading Retail
Brand
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How DemandSense works?
DemandSense
Inputs Benefits
Enterprise Data
External Data
• Sales• Inventory• Price Data
• Weather• Temperature• Population
Density
• Sentiment• Influence• Brand Popularity
Analytics Engine
Faster and Improved Decision Making with DemandSense
20% Manufacturing & Freight Cost by SC Segmentation
10-20% Accuracy by Advanced Forecasting
7-10% Profit in Markdowns
10-15% Price Optimization
15-20% Excess Inventory thru Assortment Planning
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Example: How DemandSense delivers value
Forecasting
External factors have
greater Influence
!
Realization of what factors influence demand for your products
Ice Cream sales are influenced by…
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Demand Forecasting and Inventory Planning
Business Activity Data Inputs Benefits
Analyse demand across product, category, stores. Supply chain to get a granular view of demand determinants.
- Sales Data- Inventory Data- Procurement Data
• Stock right quantities• Reduce wastage• Eliminate lost sales• Plan procurement
efficiently
Identify the items that are likely to be purchased together.
- Sales Data • Plan promotion to improve profitability
• Plan procurement efficiently
Discover products with both natural and artificial affinity
- Sales Data • Develop optimal promotions
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Customer and Loyalty Analytics
Business Activity Data Inputs Benefits
Single view of customers across channels and their behaviour. Based on thatCustomers can be segmented as• Quick Buyer• Budget • Shopping Experience• High Quality Focussed• Smart / Value driven• Convenience • Variety Seeker
- Loyalty data- Sales Data
- Reduce customer churn- Retain customers- Increase bill value- Ensure stock availability- Plan promotions
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Stores and Assortment Analysis
Business Activity Data Inputs Benefits
Manage and boost sales of profitable assortment mix
• Sales Data - Higher profitability
Track store performance across many parameters. Identify sales and margin growth. Evaluate store size and employee strength against margins
• Sales Data• Cost Data• Stores attributes• Employee Data
- Increase Employee productivity and scheduling
- Improve Stores’ profitability
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Inventory and Loss Analysis
Business Activity Data Inputs Benefits
Identify negative margin and stock holding trends. Identify stock movement and liquidationopportunities. Manage perpetual and promotional inventory.
• Inventory Data• Cost Data• Promotions Inventory
• Minimize inventory carrying costs, stock-outs and emergency replenishment costs.
Identify potentially fraudulent transactions. Evaluate various sources of shrinkage. Track out-of-hour transactions and discounts.
- Sales Data- Inventory write-off data
- Prevent loss/theft- Reduce shrinkage
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Promotion and Pricing Analysis
Business Activity Data Inputs Benefits
Track promotion effectiveness, stock availability and buying needs.
• Inventory Data• Promotion Data
Optimize promotions
Track plan against actual markdowns, optimize markdowns by analysing sell-through trends.
• Promotion Data• Sales Data
Optimize markdowns
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What R+ DemandSense offers now?
DemandSense helps Planners, Merchandisers and Store Managers forecast the sale more accurately using external and social data in addition to data within the enterprise.
Plan optimum stock levels by location to maximize sales & profits while minimizing wastage & losses.
To ensure Retailers and FMCG companies have enough stock available to meet demand from customers, but not too much that they have dead stock/wastage.
We do this by reviewing historic sales and stock information, and combine this with over 40 external factors like weather, temperature, economic indicators and social media sentiment, to produce more accurate forecasts.
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Who is R+ Analytics?
Specialists in Analytics and Big Data Solutions
Founded by Consultants who has worked for PwC , IBM and global MNCs and have 4 decades of combined Industry experience delivering consulting and technology solutions for about 90+ clients in the area BI/Analytics and SAP across the globe.
We have doctorates, MBAs and Engineers who are Data scientists/ Analysts, Data warehousing and modelling experts
We have delivered Analytics and BI projects for many Retail and CPG companies successfully in India, UK and USA
We offer Analytics-as-a-service on Cloud through DemandSense Product and OLAP on Hadoop for Big Data through PetaBolt platform
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Our Vision:
Get more insights out of data for business growth
Assist companies reduce their costs and improve sales
Help Improve Product/ Brand and Stores profitability
Make it easy and simple to deploy and use technology
Specialists in Analytics and Big Data
Thank you.Call me for a
Demonstration / Discussion
Saravanan
+91 9900589271