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Wednesday, March 30, 2016

how retigence is helping store owners manage inventor in real time

HOW TO ALIGN INVENTORY TO REAL TIME DEMAND

 One of the most crucial role RETIGENCE predictive analytics has played in delivering  inventory optimization was for a mobile company. Traditionally mobile retailers purchase inventory from distributors  for a credit  period of 21 days.

The disadvantage here is that  the retailer had no idea on  the inventory stock in their books and the amount they have to pay  to the mobile company distributors  during the credit period of 21 days. There was no real time mechanism by which they coudl judge the value of their inventory in the real time. They only managed to  find the data during the end of the financial period

When it comes to merchandise ordering many retailers are restricted by lack of timely and accurate information on their sales, stock turn and customer demand

By quickly and easily delivering required information to mobile store owners including inventory  purchases and other decision makers  we have  insured that each inventory was reduced    so that the chances of overpaying the vendor  is almost nil.

this also ensures taking the guess  out of guess work, with helped retailers to acess real time analytics and insight into daily stocks and store right down to sku levels

,our retigence predictive hana  helps them interpret real time data with accuracy and speed by which retailers  can make their  decision faster , ultimately leading to higher sales, gross profit and faster growth
this saves  businesses from going bust. you dont have to wait for data , because we help access real time  computing data on the fly by theanalytical  power of sap hana

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