Profits are what keep retailers in business more than anything else, so it's no surprise that they invest a large amount of time in price optimization. Whether targeting a B2B or B2C market, it's critical to make sure that businesses set the right price at the right time and sell swiftly while still making a substantial profit. Pricing optimization helps organizations determine the most efficient price point by allowing them to make informed decisions based on customer and market data.
- Identify ineffective price variations
- Conduct a comparative analysis of different pricing strategies
- Analyze key demand drivers
- Provide price recommendations
- Devise promotional campaigns
Understanding customer purchasing patterns through analysis of how products are purchased together
Labor productivity analytics focusedd on optimizing labor allocation to meet customer service levels
Insights on market product and customer trends and how Ingles is performing compared to the industry
Consolidated holistic view to supplier performance, including metrics on vendor fulfillment performance, sales, profitability, inventory performance and product quality issues
A comprehensive solution that leverages pricing strategies, rules and statistical modeling to recommend optimal regular prices
Systematic insights that highlight loss trends and patterns and identify processes, products, vendors and associates that result in high losses
Insights into assortment gaps (both across products and across stores), underperforming products and underserved customer needs.
Navigate the business impact of any crisis with proactive response strategies to key risks related to Supply Chain, Sales, Finance and Workforce
Increase customer loyalty, minimize customer churn and drive more value from existing relationships
Data driven actionable insights on workforce composition, recruiting, retention, diversity, turnover and Workforce ROI