JK Tech has been transforming retailers by helping them unleash the potential of fragmented, dispersed & underutilized data to achieve business excellence.
Business environments are changing rapidly with the changing consumer behavior. And the retail industry is no less with technological & other macro-economic disruptions driving the need for transformation across Merchandising, Supply Chain, Marketing, Store Operations & Customer Experience. Today’s retail landscape is predominantly shaped by demanding customers who seek convenience, customization, consistency and value delivered at every touchpoint.
You are at a crucial juncture reimagining your relationships with customers through data-driven insights and setting the bar high for the competitors.
"Global Retail Analytics market projected and growth from USD 5.84bn in 2021 to USD 18.33bn in 2028 at a CAGR of 17.7%”
(Fortune Business Insights)
Success depends on data-driven insights, decisions & optimization solutions delivered relevant to the personas.
Let us know if this is one of your Challenges?
While retailers have access to an abundance of data to help them sail the complex retail landscape, but lack of a strong data strategy and the absence of smart analytics solutions make enterprise-wide data insights and retail business transformation a challenge.
Advanced Analytics offers a 360-degree view of customers through which retailers can make tailored offers & recommendations based on behavioural traits, preferences and peer group insights.
Right from investigating supply chain movements, customer demands, patterns, sales, inventory levels and other retail functions, Advanced Analytics enables business decisions to be precise and objective for all key retail business processes, by providing data-driven insights.
Our offerings are well aligned to the 3 key dimensions of taking retailers fast ahead in the Next Normal.
Assess and understand accurately customer demand patterns for your products with the help of predictive analytics models.know more
Balance the working capital tied up in inventory with immaculate data-driven strategies and service-level goals across SKUs & stores.know more
Address business and operational queries from cross-functional departments with readily available reports in an interactive dashboard.know more
Analyzing drivers of demand from internal & external sources.know more
Optimizing for each market/store for each product.know more
Identifying the right sources and building the database with sufficient history.know more
To minimize market/store level inventory without losing sales opportunities.know more
Using econometrics, time series and machine learning techniques.know more
Our experts bring in a vast base of knowledge and years of practical experience to help you with the end-to-end data to decision cycle — from strategy to implementation, so you can make the best use of data and leverage it to solve complex business problems and find even greater success in the competitive landscape.
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