Retail Analytics Solutions in Saudi Arabia
Retail is a unique industry among the most differing commercial enterprise in the vertical industry arena. Retail enterprises face many challenges, not the least of which is the challenge of sustaining profit margins in a market where net revenues are becoming traditionally low. There are several challenges you face on daily basis, selection of appropriate suppliers and shipping options, customer expectations, anticipate and forecast stock and inventory needs, set appropriate pricing range, manage different shifts in demand and select the products in demand to sell.
Alrasmyat’s Retail Analytics Solutions provide bundle of information to retailers to make good decisions – from web analytics and loyalty programs to third-party information and point-of-sale details. However, there’s a huge gap between having the information and using it to work for you. The retail market is inconsistent, and market patterns change very quickly. For the retail enterprise to be sure of the operational cost they should carefully manage it. Retail Analytics Solutions can easily help to overcome this hurdle
- Enterprise-wide access and user adoption is achieved through graphical user interface dashboards that enable instant reporting and analysis of information.
- Optimize and streamline merchandise management.
- Appropriate inventory and stock management is ensured..
- Supplier performance is determined and managed.
- Marketing and e-commerce strategies are analyzed and adapted.
- Market research is performed to support marketing, sales and targets for stores, products and regions.
- Effective marketing campaigns are designed for specific products by identifying opportunities.
- Financial data is integrated to control cost of operations and optimize business performance for enhanced profitability.
- Customer buying behavior is analyzed.