How our merchandising analytics services help clients
Merchandising analytics solutions help merchandisers make informed decisions daily, both at strategic and tactical levels. Our solutions help businesses optimize merchandise assortment and store-front layout, track new product performance, optimize markdowns and promotions, and improve margins. Our solutions offer relevant information for strategic planning to improve store performance.
Key benefits we provide
What do we offer?
With an experienced team of certified data specialists, QuantZig’s analytics solutions help businesses optimize their in-store operations based on the customers’ buying patterns and enable marketers identify marketing opportunities that will achieve the highest ROI.
Solutions we provide
Introduction to our merchandising analytics case studies
Inventory Optimization Delivers USD 40 Million in Revenues for a Bottle Manufacturer
Business Challenge: Creating optimized inventory levels in varying demand conditions. A global plastic bottle manufacturer and supplier to beverage companies wanted to improve its inventory planning, to ensure it had optimum levels of ready stock in varying demand scenarios while not having too many stale inventories.
Situation: The client was facing inventory planning issues for its manufactured stock, resulting in lost sales. Due to lack of inventory management, the client was unable to determine the appropriate inventory levels for managing demand, safety stock levels to hedge against demand uncertainty, and ensure availability of products while reducing costs due to stale inventories.
Impact: Client was able to determine the stock replenishment levels based on demand forecast and criticality of need. This ensured they had optimum product stocks in varying demand conditions which improved their revenue by USD 40 million in next year.
How we Helped a Global Food Retailer Deliver Shopper-centric Pricing
Business Challenge: The client wanted to implement a price optimization solution that would offer a strategic shift towards more consumer-focused dynamic pricing.
Situation: Facing extensive competition from the international and regional competitors, the client needed to improve its pricing strategy, which would help increase the sales volume and improve its profit margin.
Impact: By understanding the client’s business model and pricing strategies, our pricing analytics solutions helped the client make fact-based decisions that aligned with the customer expectations and identify the need for store-level inventories accordingly. This helped the client realize more than 10% increase in sales and also acquire new customers.