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Description
Maximize your profitable growth by fine-tuning clustering, pricing strategies, and promotional efforts to consistently meet customer expectations. As shoppers navigate between in-store experiences, online platforms, and home delivery services, managing inventory becomes increasingly challenging. Retail environments are transforming into versatile hubs that function not only as stores but also as distribution centers, locations for “buy online and pick up in store,” and return stations, necessitating changes in both layout and staffing. In this intricate landscape, it is essential for retailers to utilize integrated merchandise operations systems to enhance performance and maintain effective inventory control. Blue Yonder offers a comprehensive planning suite designed to ensure precise inventory placement, guaranteeing the right products are available in the right locations at optimal prices. By adopting our integrated retail merchandising system, retailers can boost annual and comparative store sales while enhancing their analysis of selling patterns, improving conversion rates, driving revenue growth, and fostering customer loyalty. Ultimately, this strategic approach enables retailers to thrive in a rapidly evolving market environment.
Description
As retailers develop strategies for a post-COVID landscape characterized by increasing expenses, evolving consumer habits, intense competition, and the enforcement of safety protocols, the ability to react promptly has become essential. This necessity calls for a fundamental transformation in the operational models of retailers. The path ahead involves fostering resilience to unlock significant value and to make informed decisions supported by extensive data, predictive analytics, and intelligent, real-time insights that are both personalized and localized. TCS Optumera™ offers a comprehensive AI-driven retail optimization suite designed to enhance both merchandising and supply chain decisions in a cohesive manner. By leveraging this technology, retailers have experienced sales growth between 3-5%, a reduction of nearly 50% in time invested, the implementation of five times more strategies, and a decrease in costs ranging from 20-30%. Moreover, it enables the optimization of customer baskets across various channels by taking into account demand transferability, consumer preference sets, predictive analytics, and competitive offerings, ensuring a tailored shopping experience for each customer. This comprehensive approach not only increases efficiency but also positions retailers to thrive in a rapidly evolving market.
API Access
Has API
API Access
Has API
Integrations
Adenza
Appian
Avaya Aura
Blueprint
Bosch IoT Suite
CA Flowdock
Commvault Cloud
Creatio
Flexera One
Freshdesk
Integrations
Adenza
Appian
Avaya Aura
Blueprint
Bosch IoT Suite
CA Flowdock
Commvault Cloud
Creatio
Flexera One
Freshdesk
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Blue Yonder
Founded
1985
Country
United States
Website
blueyonder.com/solutions/retail-planning-and-category-management
Vendor Details
Company Name
Tata Consultancy Services
Founded
1968
Country
India
Website
www.tcs.com/optumera-digital-merchandising-suite
Product Features
Demand Planning
Capacity Planning
Data Visualization
Historical Reporting
Inventory Optimization
Planned vs Actual Tracking
Product Introduction Planning
Promotions Management
Replenishment Management
Sales Forecasting
Supply Forecasting
Retail Execution
AI / Image Recognition
Collaboration Tools
Data Collection
Inspection
Pricing / Placement Optimization
Product Education
Product Promotion Strategy
Retail Site Audit
Workforce Management
Space Management
Change Management
Design Management
Floor Plans & Maps
For Offices
For Retail
Occupancy Management
Planogramming
Shelf Planning
Space Reservation
Usage Tracking / Analytics
Product Features
Retail Execution
AI / Image Recognition
Collaboration Tools
Data Collection
Inspection
Pricing / Placement Optimization
Product Education
Product Promotion Strategy
Retail Site Audit
Workforce Management