Retail

Predictive Analytics

Analytics can be implemented for customer-specific, merchandise-specific and process-specific insights. These insights can be leveraged to offer lucrative promotions, target high value customers, design optimal merchandise mix, increase inventory turns and streamline business processes. Aspire’s Predictive Analytics solutions provide an informative analysis of the business and helps retailers take confident decisions for sustainable growth and profitability.

Capabilities

  • Gain detailed insights into inventory position, inventory turns, costs & forecasts
  • Get reports spanning across price, promotions, markdowns and sales
  • Execute market basket analysis, customer loyalty analysis, Halo and cannibalization analysis
  • Measure metrics on supplier deliveries, compliance and product availability

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