In keeping with our strategic approach to retail sales development, when you work with us, we will supply you with the latest market intelligence. These insights help you understand key trends, top players, and consumer interests in the market. Our data analysts draw on proprietary databases and a variety of statistical analysis tools to develop custom insights relevant to your products and markets.
In addition to market data, we provide comprehensive reviews of your existing business, giving you a deeper understanding of strengths and weaknesses in your supply chain. Our analysts look at several key metrics, including sales data, item comparisons, and performance analysis, as well as customer service statistics like on-time deliveries and fill rates. By applying our data analysis expertise, we can help you optimize and streamline your business, building on your strengths while removing weaknesses.
In a recent example of our data analysis work, we put together a robust analytical dashboard for one client’s sales data that compares year over year trends. In addition to breaking these trends down to periods as brief as a week, we can examine sales movement at the level of the category, the item, or even particular distribution centers. The tool also provides visualization tools and an up-to-date inventory. Our data analysis work in creating this dashboard has allowed our client to increase forecast accuracy to identify strong and weak products better while allowing us to focus on sales efforts for greater profit.