Being able to recover faster from the impact of Covid-19 will rely on optimal decision-making and agility. The amount of data associated with your brand is vast – customer behavior, sales channel performance, purchasing trends, and business performance.
With such an altered, and continually changing landscape, most retailers have realised that being able to pivot and react relies on being able to:
Quickly analyse large volumes of data
Observe key trends and highlight areas of concern
Getting a better understanding of your customers and the impacts of your marketing, merchandising and assortment efforts
Optimising supply to stores.
Fine-tuning stock levels analysis will allow you to determine the most effective promotions to shift stock post-Covid and plan seasonal activities; and plan assortment and replenishment.
How to achieve analytic capabilities in a new context
Everything is changing in a fast and unprecendented way, so it’s critical for your teams to be able to gain insight into this changing landscape. We believe we can help you find the most efficient and cost-effective ways to improve your retail analytical capabilities – if you would like to understand more, get in touch.
For more information on accelerating your recovery see: