Innovative uses of Data Analytics improve the customer experience and have the potential to boost retail sales. The benefits are many: Monitoring sales performance, market trends, customer demographics, and better Customer Service, improved performance, and the ability to discover information that could have been hidden. Gain the benefits using Paques and harness the power of your data.
Use Paques to pinpoint the fairest price for specific customers to bring in increased sales.
Most eCommerce retailers aren’t familiar with data processing further than using simple applications such as MS Excel/ spread sheet. They have the data but can not utilize the fullest potentials of the data, therefore they’re unable to gain insights and knowledge from their data. With Paques’ intuitive drag and drop UI, people with no IT background or experience can easily process their data and turn it into knowledge.
Monitor inventory and product sales in retail markets through key metrics. Empower retailers to focus on increasing ROI through the adoption of modern techniques such as personalization.
Retailers make every effort to create optimized, flexible, global and event driven supply chain model to increase efficiencies and enhance relationship with supply chain stakeholders.Retailers aim to provide a proper product at a right time, in a proper condition, at a proper place. In this regard, the stock and the supply chains need to be deeply analyzed.
Paques with powerful machine learning algorithms and data analysis platforms detect patterns, correlations among the elements and supply chains. It can be used to develop robust demand forecasts through a statistical analysis of data across outlets. Retailer can keep a check on SKUs across outlets. Combining Procurement analytics with supplier effectiveness can help retailers in taking optimum inventory sourcing decision.In additions, the analysts would easily spot the patterns of high demand and develop strategies for emerging sales trends, optimize delivery and manage the stock.
Connect with us and talk to Paques sales representative to learn how Paques can help your company.