An intelligent & easy way to create dynamic store or channel clusters based on a combinations of attributes & performance indicators
Certain products cannibalize sales and impact inventory of the similar (substitute) products. Retalon provides a tool to group such products for better management.
Manage replenishment assignments & minimums at various levels of category hierarchy and at cluster level
A smart & intuitive way to manage space, store or channel types, and capabilities
Retalon's micro-merchandizing solution is powered by predictive analytics to provide accurate clustering while dynamically monitoring changes in performance.
All Retalon solutions are fully integrated on a common predictive analytics platform.
Each retail outlet in a multi-store operation develops its own individual product performance profile. Retailers, who recognize the phenomenon, customize each store’s assortment according the local geo-demographics trends. Matching store-specific merchandise assortment to local demand is called micro-merchandising. A number of forward-looking retail chains have already adopted the micro-merchandising methodology. Unfortunately, today most micro-merchandising tools are static, while geo-demographics trends change all the time. A dynamic micro-merchandising solution is needed for a today’s retail environment.
Retalon offers a dynamic Micro-Merchandising system that proactively matches categories of merchandise to groups of stores according to user-defined business rules. The direct benefit of dynamic Retalon Micro-Merchandising is an improvement in customer service levels. Retalon Micro-Merchandising system plays an important role in many retail business processes. Specifically, Merchandise Planning, Assortment Management, Allocation and Replenishment, Promotion Event Management, all depend heavily on the efficacy of Retalon Micro-Merchandising system. Arranging all stores and products into arbitrarily selected clusters of stores and products according to a user-defined set of attributes is the primary functionality of Retalon Micro-Merchandising system.
RETALON’S MICRO-MERCHANDISING SYSTEM ALLOWS YOU TO:
Retalon’s Store and Product Clustering enables retailers to group together stores and products that should be treated alike in processes of purchasing, replenishment, allocation, pricing, promotions, and planning. The relations between the Store and Product clusters are represented as Assignments.