Industry Expertise

Retail Industry

Overview

The retail industry is one of the diversified industries which generates large amounts of data from their day to day operations increasing the need for business analytics. With Veracitiz process oriented approach and having a differentiator of a competitive advantage by not only focus on the descriptive analysis but also on the predictive analytics.

Common Challenges

  • Supply chain management.
  • Organization alignment & Strategy management.
  • Financial analysis for greater ROCE (Return on capital expenditure).
  • Break-even point analysis for different outlets.
  • Day to day MIS Reporting.
  • Standardization is needed for Cost Allocation.

Our Expertise

  • Collaborative Sales planning and Analysis.
  • Modelling from Top down target setting for merchandise sales and gross profit across divisions, segments and verticals.
  • Calendar adjustment to accommodate year roll over process for cost allocations based on desired profiles.
  • Stock plans by department / category for managing value of inventory.
  • Real-time calculations in the browser for immediate results.
  • Scalable architecture with proven deployments across platforms for reporting.

Clients Results

  • Web based deployments of models for data collection and validations.
  • Deriving on accurate information based on assumptions while budgeting.
  • Easy version control gives flexibility in the model.
  • What if modelling, personalized scenario modelling and the ability to change a value on demand helps them determine financial impacts of business decisions.