Why the Retail sector?
Given declining consumer spending, the retail sector is one of the sectors seeing the greatest increase in competition. Price, product availability and product variety are starting to become differentiating factors. The changing needs of the customers, and their increasing demands regarding the quality and price of the products, are forcing retailers to increase their flexibility in order to survive in such a competitive market.
The value chain, which in principle is simple, includes a series of highly complex operations that allow these companies to manage everything from selecting suppliers, negotiating conditions with these suppliers and generating orders, right through to the warehousing of the goods and their distribution to their stores. This complex business has all the ingredients: from the logistics and distribution of the goods to selling them to the end customer.
The companies in this sector need to meet their customers’ needs at increasingly low prices, and this means reducing their supply chain costs.
What do we offer?
The ability to more reliably predict sales, reduce distribution costs, and reduce the fixed assets in stock in warehouses and stores are some of the of the key points that can help companies in this sector to face this challenge.
Analytical techniques are able to provide key support in tackling these problems. Using sophisticated statistical techniques it is possible to discover behavioural patterns that significantly increase the reliability of sales forecasts. Optimization and operations research algorithms allow us to find solutions to complex transportation problems and to optimize the distribution of stock across the entire supply chain.
The leading companies in this sector are already using these techniques to improve their operating efficiency, with a positive and direct impact on their profits.
decide is a company that has years of experience in both the technology needed and in this specific sector. Aware of our customers’ needs, we offer technological consultancy services in order to identify the best option for dealing with a problem, and we then undertake the development and implementation of the necessary software, offering our customers an end-to-end service. Leading companies in the retail sector have already benefited from the services provided by decide.