If you are selling products and services through retail partners then you'll need a smart way to collect, manage and apply the data. Ultimately this is about better stock management, better planning and driving sales.
The collection of data from multiple partners for multiple products is complex and requires an approach that works for the partner and you. We typically collect raw data and do the cleaning and manipulation. This way we get the best and cleanest data that you can rely on in the front end reports. Don't underestimate how important this stage of the data journey is. Nothing works without the data being right.
Companies relying on both Direct and Indirect channels to sell their products need to be able to accurately know how much they are selling to consumers and not just how much they are selling to their channel partners. We are experts in collating your channel partner data into one source of the truth that allows you to make imprtant business decisions using accurate sales and stock data.
One of the key challenges faced by companies is the ability to accuratly predict future demand for their products allowing them to know how much to produce in the future. We are experts in using data science to combine 1st and 3rd party data sets that allow us to accurately predict the future either on a periodic basis or as an automated part of your buisness process.
Managing stock in channel is a crtical part of managing a business. It is equally imperative to avoid lost sales due to lack of stock as well as avoiding too much stock in channel that could result in costly buy backs of aged goods. We are experts in creating line of business processes that help you manage your stock in both direct and indirect channels.
Category and Account Managers need stock and sales data they can rely on. Whether its to plan future investments or drive the here and now. We build reporting suites using raw data that means these decisions are based on solid and reliable numbers giving you the peace of mind to run your business.
Once you have data integrity you can start to build models that make predictions based on past and present data. There are a number of methods of how to do a quantitative forecast whether that be time series or econometric based. We've built forecasting solutions for some of the largest companies in the world so are well placed to support you.