ARC Merchandise Analytics
There is no other way for merchandising to go, but become predictive. With Merchandising Analytics from Manthan Systems, merchandisers can now make informed decisions, daily, at strategic and tactical levels. A wide array of reports, dashboards and analyses are made available which can help you sharpen decisions and enhance productivity and profitability. Merchandising analytics can help optimise merchandise and assortment performance, track new product performance, optimize markdowns and promotions and improve price realisation. It ensures that every daily decision, by every role in merchandising, is based on an informed analysis of product and store performance.
Benefits
- Optimize merchandise and assortment performance
- maximise sell-throughs
- Control shrinkage
- Track new product performance
- Optimize markdowns and promotions
- Improve price realisation
- Optimize allocation
- Rationalize products
- And all this, across all roles in merchandising
Features
Sales analysis: Track store performance across parameters. Identify sales and margin growth. Evaluate store size and employee strength against margins.
Merchandise analysis: Track merchandise plan, optimize merchandise mix, track sell-through, formulate selling strategies, identify cross-sell and up-sell opportunities.
Inventory analysis: Minimize inventory carrying costs, stock-outs, markdowns. Identify negative margin and stock holding trends. Identify stock movement and liquidation opportunities.
Promotion and markdown analysis: Track promotion effectiveness, stock availability and buying needs. Track plan against actual markdowns, optimize markdowns by analysing sell-through trends.
Loss prevention: Identify potentially fraudulent transactions. Evaluate various sources of shrinkage. Track out-of-hour transactions and discounts.
Supplier analysis: Compare vendors of similar products on different performance metrics. Provide access to vendors to reduce stock-outs and improve delivery time. Rank vendors based on scorecards.
Summary
For the merchandiser, ARC Merchandise Analytics is both time and money. Merchandisers have analysed information to rely on for daily decisions. This reduces decision-making time and leaves you free - with relevant information - for strategic planning to improve store performance. For the merchandiser, Merchandise Analytics takes the uncertainty out of daily decisions and replaces it with profitable probability.