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Infinite Insight to Your Shoppers

Product Assortment and Forecasting

Who Took the Last Box of Diapers?

If you’ve ever stumbled upon an empty shelf at your favorite store, you know the impact it can have on customer satisfaction and store profitability. At the same time, you don’t want to overstock shelves with expensive inventory or miss the opportunity to promote other high-demand products.

Store profitability can be greatly impacted by building time-sensitive forecasts that take into account seasonality, store activity, past sales, economic indicators, supplier considerations and any and all relevant data.

Only InfiniteInsight™ Modeler can automate your forecasts from start to finish and refresh them as often as you would like.

  • Retail data schema
  • Analytical record templates for retail products and stores
  • Automated modeling of demand for individual products by assortment and store cluster
  • Analyzes regional characteristics, weather, and customer wealth when planning assortments
  • Automates large-scale clustering for different product groups
  • Performance for large data sets (millions of customers and transactions)
  • Performance for wide analytical data sets (thousands of columns of aggregated data)

 

  • Use InfiniteInsight™ Modeler’s clustering as part of a sophisticated assortment planning scheme (Major U.S. retailer)
  • Vastly improve product assortment and offerings by identifying actionable trends/patterns (Major U.S. retailer)
  • Apply predictive modeling to reduce distribution costs by determining the optimal product flow across its distributor channel relationships (Major U.S. DIY retailer)

With InfiniteInsight™ we're saving hundreds of thousands of dollars annually. 

Tom Stahnke, Manager, Direct Mail Circulation and Analytics Sears Customer Direct

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