MUMBAI: SAS, a business intelligence provider, has introduced SAS retail
intelligence solutions, a new suite of integrated software offerings that
addresses three of the biggest challenges facing retailers. According to the
company, these solutions enable retailers to understand past customer behavior
and predict future buying patterns, determine the net profitability of products,
and see the effectiveness of promotional campaigns across multiple channels.
Armed with these powerful insights, retailers can formulate and implement
consistent business strategies and performance metrics across the organization,
improve customer service and maximize profitability.
"Despite being a $ three billion industry in India, retailing remains
remarkably inefficient and volatility is the only constant," said Vivek
Gokarn, MD & CEO, SAS India Pvt. Ltd. "The newest addition to SAS'
family of retail offerings, SAS Retail Intelligence Solutions address this by
providing retailers with the clarity required to optimize key profit
drivers," he added.
The four components of SAS retail intelligence solutions represent best
practices from SAS' nearly 30 years of experience helping retailers around the
world solve these specific problems. Underlying the entire suite is the SAS
retail intelligence architecture, an "out of the box" enterprise-wide
data model that contains customer, retail outlets, supply chain and transaction
information (down to the SKU level). By reducing implementation time and project
risk, SAS' unique architecture speeds retailers' ROI.
SAS Retail Intelligence Solutions include the following four components SAS
customer insight, SAS supply chain costing, SAS promotional effectiveness and
SAS strategic performance management.
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