Navigate Retail challenges with Unified Data Platform
- Integrate data from all retail channels for a complete view of your operations and customer behavior.
- Streamline inventory management, logistics, and staffing to enhance operational efficiency and reduce costs.
- Access real-time insights to track sales, inventory, and customer trends for faster, informed decisions.
Maximize Retail Efficiency with Infoveave
Unify Your Data
Unify data across all your retail platforms, vendors, warehouses, stores and get a complete view of your retail business.
Simplify Processes
Automate invoicing , feedback collection, customer interactions, etc and reduce and increase efficiency.
Amplify Your Insights
Analyse product performance and pricing strategies & future demand. With alerts keep track of targets on all important KPIs.
Marketplace Visibility
Integrate all your data sources with Infoveave to get a complete view of all channels, product performance, regional trends, etc. on visual dashboards & automated reports. Understand buying patterns and customer behaviour to arrive at discount and campaign plans.
Product Performance Analysis
Analyze retail data over time, across departments, & by product category. Identify top-selling & underperforming products, seasonal fluctuations. Simulate different discount patterns & observe impact on sales using what-if analysis. Identify correlation with various selling & buying attributes.
Product Pricing Optimization
Analyze pricing data, competitor pricing, & customer behavior to optimize pricing through simulations. Predict future demand by analyzing historical sales data, seasonal trends, external factors. Find cost associated with production, storage, distribution & inventory management.
New Merchandise Planning
Automate simulations on new products, offers & product bundles to assess commercial. Centralized API & Content Aggregator for integrating with online stores for consistent product information across platforms. Forecast trends & styles & plan procurement of merchandise.
Revenue Assurance
Analyze trends & anomalies indicating potential revenue leakage, such as discrepancies in pricing or underperforming products. Set alerts for early detection of cash overruns or irregularities in revenue collection. Detect fraudulent activities for mitigating revenue losses due to fraud.
Shipment & Logistics Optimization
Monitor shipments down to the last mile, identifying causes of delays and complaints through API integrations with delivery partners. Conduct automated reconciliations to compare actual costs against budgets and contracts. Evaluate variable expenses related to distance, weight, handling charges, and commissions within the supply chain for optimized operations.
Visualize your retail insights
Explore more dashboard examples
Stay on Top of Every Retail KPI with Infoveave
Integrate all your data sources, map them to your KPIs, analyze your data and visualize insights.
Gross Profit Margin
Gross profit margin is the percentage of revenue retained by a company after removing the cost of goods sold from the net sales revenue.
Gross Profit Margin = ((Net sales - Cost of goods sold) / Net sales) x 100
Net Promoter Score
Net Promoter Score gauges customer loyalty by asking, 'How likely are you to recommend our product to a friend or colleague?'.
Net Promoter Score = Percentage of promoters – Percentage of detractors
Inventory Turnover Ratio
Inventory turnover ratio measures how efficiently a company manages inventory by comparing cost of goods sold to average inventory levels.
Inventory Turnover Ratio = Cost of goods sold / Average inventory
Average Order Value
Average order value measures the average amount customers spend per transaction within a specific period, such as monthly or annually
Average Order Value = Sales / Number of orders
Sell Through Rate
Sell-through rate measures the percentage of inventory sold during a specific period relative to the total inventory available for sale.
Sell Through Rate = (Total units sold / Beginning inventory) x 100
Customer Satisfaction Score
Customer satisfaction score is a metric used to measure the level of satisfaction that customers have with a company’s products or services.
CSAT Score = (Number of satisfied customers / Number of respondents)