Case Study: International Retailer Acts on Slow-Moving Stock
DynamicAction spurs a $19,000 increase in revenue for a single category by enabling quick action on slow moving stock, with a potential $280,000 increase in revenue company-wide.
An iconic multinational retailer with both a physical and online presence throughout EMEA has cultivated a diverse breadth of product offerings that include technology, toys, books, clothing, home and more. With nearly 7,000 stores in 12 countries, one of the world’s largest retailers needed to be nimble with their pricing strategy for slow-moving items to keep their distribution center running effectively.
Using DynamicAction retail analytics, the retailer used category-specific reporting to identify which products to focus on and the most profitable actions to take to enable them to act days earlier than before.
Download the pricing strategy case study to see how much revenue they were able to win.
“Dynamic Action pulls sales data together that would normally be combined and analyzed in a lengthy process using Excel. It also brings into view other important elements for not normally included in our sales reports.”
– Senior Merchandiser