Data-driven decisions for retail success
Why Analytics in Retail?
Aside from bespoke analytics solutions for Retail, using it’s extensive knowledge of the retail industry, Agile has built a retail analytics accelerator solution which takes your retail reporting to near best practice with the thinking and work around the following areas being already completed:
- What to report on and the best way to report on it
- Reporting best practice architecture to ensure an optimal end user experience
- Data types/model required
- Security and deployment
Agile has a deep understanding of the retail businesses having implemented various retail projects in the past in the following business types:
- Large national sporting goods retailer (Intersport)
- Large multinational clothing retailer (ASOS)
- Various food businesses (Soul Origin, GYG)
Want to make your retail business more data driven and transform the customer experience, we can help.
Sales, Inventory & Customer Service
With these real-time dashboards, the entire sales organisation is equipped with shareable, actionable insights that help illuminate what’s working and what isn’t, where the opportunities are, and what needs to be prioritised to scale the team’s success.
To increase profit
Market basket analysis is a technique used by retailers to increase sales by better understanding of customer purchasing patterns. It involves analysing large data sets, such as purchase history, to reveal product groupings, as well as products that are likely to be purchased together.
To predict future demand
Slice & dice the sales reports by day, by month, by period, by hour, by product, by category, by location, but most importantly, by suppliers, so you can predict what is going to happen next year and therefore plan your staff rosters and product ordering in advance.
To Better Optimise Your Inventory
The cost of inventory is ongoing carrying costs. This includes warehouse facility costs, labor costs associated with managing inventory, and recurring costs related to taxes and insurance.
A well-structured inventory report can help you optimize your inventory to reduce the associated costs.
To see key Product performance
Dive into accurate key performance information about specific categories, subcategories and products.
Monitor product performance by supplier
Gain insight around supplier product performance, such as top suppliers, top and bottom performing products by supplier and supplier importance based on sales revenue.
PVM Variance Analysis
Price Volume Mix dashboard
Understand key factors that have affected business performance, and drill through to category, subcategory and product level analysis to understand where there is opportunity to improve profitability, and overall business performance
Book a Free Demo and Consultation
We can help you get there faster by visualising your data in Retail Insights dashboards to: