Data-driven solutions in Retail

Economic uncertainty looms large across the globe, driving unpredictable oscillations in consumer culture which translates into a growing need to understand the state of the retail market.

Retailers, grappling with pervasive market uncertainty, risk facing frequent stockouts or overstocking, leading to missed sales opportunities and excessive holding costs.

Retailers need to be in the know of consumer purchasing behaviour in order to plan for optimal inventory levels and deliver enhanced customer experiences.

Solutions for Retail

Demand forecasting

Forecast product specific demand at a high degree of accuracy, utilizing data-backed insights to mitigate the impact of consumer uncertainty.

Inventory management

Optimize your inventory management strategy by leveraging advanced analytics, machine learning, and real-time data integration solutions. Utilize historical sales data, promotional calendars, weather forecasts, and consumer sentiment analysis to forecast demand to avoid overstocking, driving down holding costs and maximizing sales margins.

Omnichannel complexity

Leverage real-time visibility into inventory levels across various channels to enable efficient allocation of inventory, prevention of discrepancies, and ensuring consistent customer experiences whether shopping in store, online, or through mobile apps.

Transformative results in Retail

20% reduction in stockouts
15% reduction in overstocking
25% reduction in excess inventory
Real-time visibility
More efficient consumer-centric marketing strategy planning and implementation

Resources

January 20, 2022

Telekom Malaysia: Scalable EPM Solutions for Data-Driven Success

Discover the global success story of Telekom Malaysia, a premier telecommunication services provider since 1984. Operating from various countries worldwide.

January 22, 2020

Air Asia: FP&A Modelling to Make Air Asia’s Financial Future Fly High

Embark on Air Asia's remarkable journey from 2 aircraft to Asia's 4th largest airline. Soaring high since 2001 with a fleet of 200+ and a 21,000+ strong staff.

January 21, 2020

Kimberly-Clark: Leveraging Financial Planning Solutions to Drive Revenue Growth

Discover Kimberly-Clark, a global leader in essential care products, delivering 'Better Care for a Better World.' Check out our solution here at Metora.