Retail Industry Solutions Features

Store Assortment Optimization Analytics

Store Assortment Optimization Analytics enables category managers to increase product sales revenue and profitability through improved company-wide, store segment and store assortment composition and by monitoring a standardized best-practice process.

Addressing the Issues

BusinessObjects Store Assortment Optimization Analytics enables you to manage assortments and drive revenue and profitability. It accomplishes this through improved store segment, individual store category, and companywide assortment compositions - while monitoring standardized processes.

Business Metrics

Store Assortment Optimization Analytics contains metrics that cover the following areas:

  • Category/Product Assortment or Range: A logical group of products, a term used extensively in retail—typically "range" and "category" are synonymous.
  • Brand: A group of products that share the same brand (e.g., Heinz Tomato Ketchup).
  • Boston Consulting Group Matrix (BCG Matrix): A methodology designed to help decision-makers choose the best areas of business in which to invest. It categorizes products into stars, question marks, cash cows, and dogs—based on criteria like share and growth (of market/business).
  • Out of Stock (OOS) or Stock-Outs: Critical for all retail organizations, stock-outs reduce customer satisfaction and can lead to a decrease in revenue. Stock-outs are of particular concern for retailers where their offering is not differentiated from other retailers. Stock-outs are typically measured as a percentage.
  • Availability: An alternative measurement to stock-outs. Also expressed as a percentage, availability is the opposite of a stock-out measure—e.g., if availability is 93%, stock-out would be 7%.

Customer Profiling and Campaign Management

Customer Profiling and Campaign Management enables retailers to understand their customers, develop appropriate strategies, run relevant campaigns to them and monitor the success of those campaigns.

Supply Chain Analytics

Supply Chain Analytics is a prebuilt, best practice-based data warehouse solution with out-of-the-box reports, dashboards, and diagnostics of vital interest to supply chain management, CFO, and Office of Finance personnel. The SCA solution enables your organization to improve sales growth and improve capital utilization while optimizing its operational efficiencies through informed understanding of supply chain performance. Our solution gives you the analysis that enables decision-making in the key supply chain business processes involved in procuring, holding, and moving products to drive improved financial performance.

Supply Chain Analytics provides the rapid delivery of key, consolidated information needed to analyze and diagnose supply chain factors impacting both your top-line and bottom-line performance.