Customers are demanding more in terms of convenience, collaboration, flexibility and customization. This has led to the consumerization of retail where retailers need to re-look at their offerings in terms of channels and reassess their strategy. Retailers face the challenges of providing a unified set of systems, processes and data to support a truly omnichannel experience demanded by the customer.
In this digital era, there is a strong need to profile customers, analyse buying behaviour and target customers with specific products and services which are customized to their needs. Customers are demanding more convenience, more collaboration, more flexibility and more customization.
We provide various solutions to our client’s business from digital assistant to managing supply chain that helps running their business smoothly.
A little variance in the timing and the amount of markdown could lead to drastic changes in the profitability. Most retailers use judgment and rule of thumb to determine when and by how much to markdown the prices of various products. Our offering suggests an optimized solution for pricing management providing users visibility into sales, inventory and profits for various scenarios by identifying the best price path.