Retail Data platform allows retailers to integrate data from various sources, such as point-of-sale
(POS) systems, coupons systems, customer loyalty programs, social media, and marketing campaigns. Many ways in which helps customers is listen below
- Data monetization
Data monetization and retail analytics strengthens your strategic relationships with suppliers and turns your enterprise data into a high margin revenue stream.
- Supply Chain Streamlining
Supply Chain Streamlining provides real-time visibility across the Supply Chain and leverages predictive, prescriptive and cognitive models to continually optimize your end-to-end Supply Chain.
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- ML in Retail
A machine learning model for retailers may quickly review and convert a large amount of complex data into insights that can be used to:
1. Accurate forecasting of upcoming needs.
2. Improvement of inventory control.
3. Making product offerings more unique.
4. Identifying consumer needs through appropriate segmentation.
5. Decide on the optimum prices to increase sales.
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