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Retailers are losing more and more in profits as increasing numbers of competitors squeeze prices and hence drive margins lower. In reaction retailers, have expanded product lines and created additional sales channels ever reducing customer loyalty.
Adding new channels has increased cost and managing the supply chain optimally has become crucial to the modern retailer.
The best defence against spiralling costs and slow growth is to proactively manage the supply chain and build loyalty with customers though predicting an individuals purchasing habits and anticipating future needs.
Retailers need a proactive solution that can predict and “operationalize” next best offers for customers. The same proactive solution must be able to implement segmentation schemes, provide workforce allocation, inventory optimization and many other applications, easily and swiftly.
Xeligence provides all the necessary pieces in aiding retailers to:
Drive revenue growth by making targeted cross and up sell offers in real time
Forecasting demand to optimise inventory levels
Provide consistency and more targeted marketing communications across all channels
And much more…