Products and manufacturing clients know that responding to change quickly, providing stellar customer service and creating innovative products are paramount to success. According to the study, organized retail, that comprised 7% of the overall retail market in 2012-13, is expected to grow at 24% yearly.
Leveraging the power of analytics in the retail industry assures optimized spends, better customer experience, increased sales and higher return on investments. By correctly identifying successful programs, clients can effectively speed up the adoption of value-adding activities, curtail those that don’t work, and most importantly, tailor and target initiatives for enhanced profitability.
Virtual Labsprovides an integrated decision support ecosystem of people, processes, methodologies that cater to the analytics demands of retailers and help them institutionalize data-driven decision making in their day-to-day businesses. RC-goods
By building sustainable business intelligence and forecasting solutions using Descriptive and predictive analytics technologies, we help our products and manufacturing clients drive organizational efficiencies, improve supply chain, understand the impact of product promotion strategies, recognize better business value and increase their margins.