Opportunities and prescriptive analytics that connect multiple organizational roles and departments.
- Out-of-the-box answers to the questions I should be asking and my team should be able to answer - Clarity and alignment as to where the biggest opportunities and issues lie - One source of truth on data and profitability, the products we already have in stock, and our customers’ experience at the core of our decision making
- Immediate answers to why things have changed - Quick wins and prioritized opportunities to increase sell-through velocity, modify pricing, adjust on-site product exposure, increase conversion, and enhance product presentation - A common platform to coordinate actions across all of the departments that can positively influence business result
- Quick wins and prioritized opportunities to make stock level adjustments, alter purchase order timing, re-balance inventory, plan category ranges, and plan future buys - Automated feedback and discussion points for suppliers - An understanding of how to maintain my pricing and avoid markdowns earlier in the season - Increased staying power on margin
- Prioritized opportunities for products that require more or less marketing exposure - View into which campaigns require altered marketing spend, landing page content or description to reinforce the merchandising strategy - Merchant alignment on rationale for exposure change (inventory levels, likelihood to sell through, halo effect, profitability, contribution to becoming a high value customer, etc.) - Conversations to help drive alignment for inventory and future marketing content
Operations & Logistics
- Perspective on overall operations: how late shipments, warehouse cancellations and damaged items impact returns and customer retention - An understanding of shipping profitability - Merchant alignment on post-order (declines, shipping, cancellations, returns, etc.) optimizations
Find out more about how retailers are using DynamicAction to elevate the performance of every part of their business with our Client Case Studies, and contact us for a demo.