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What is Manthan Merchandise Analytics?
This document outlines the essential steps to undertake, specifying when and where these actions should occur, along with the individuals accountable for them. Manthan’s Merchandise Analytics serves as a sophisticated Prescriptive Analytics tool powered by AI, providing guidance on the most optimal, data-driven actions for critical merchandising and in-store operations. Moreover, its state-of-the-art conversational interface ensures that all users within the business can easily access and apply these insightful recommendations. By customizing product assortments in line with customer preferences and adapting them to particular store locations, businesses can more effectively cater to the needs of their clientele. The platform accommodates both pre-season and in-season planning for assortments, allocations, new product introductions, and visual merchandising or spatial planning, while also assisting in the formulation of private label strategies. The actions it suggests are meticulously crafted to improve essential assortment metrics such as sales growth, gross margins, and inventory turnover. In addition, it provides valuable insights into product bundling, markdown tactics, and strategic decisions about which products to keep or phase out. Consequently, businesses can not only enhance their offerings but also drive profitability and elevate customer satisfaction levels, ultimately fostering a more responsive and efficient retail environment. Thus, leveraging such advanced analytics can significantly influence a company's competitive edge in the marketplace.
What is Inovretail?
Transform your retail workforce by harnessing AI on digital platforms to improve sales performance and enhance operational efficiency in-store. An advanced AI forecasting system can seamlessly integrate with calendars, weather data, and promotional events, autonomously setting ideal daily goals for both the store and individual stylists. You can receive immediate insights into sales performance for each team member, along with alerts for any inconsistencies that arise. Empower your staff with cutting-edge sales incentive programs that motivate and drive results. Utilize sales analytics to forecast staffing requirements over various periods, ensuring you have the right personnel in place when needed. Streamline and manage various store functions to boost overall productivity. Utilize real-time customer insights to pinpoint high-value clients, crafting a shopping experience tailored to their preferences. Minimize customer drop-offs in fitting rooms and enhance overall engagement through exceptional service. Improve your sales results with data-driven suggestions for cross-selling opportunities. By implementing these strategies effectively, your store can experience substantial growth and secure a strong position within the competitive retail landscape. Ultimately, embracing AI not only optimizes your operations but also fosters a customer-centric approach that can lead to long-term loyalty and success.
Integrations Supported
Additional information not provided
Integrations Supported
Additional information not provided
API Availability
Has API
API Availability
Has API
Pricing Information
Pricing not provided.
Free Trial Offered?
Free Version
Pricing Information
Pricing not provided.
Free Trial Offered?
Free Version
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Company Facts
Organization Name
Manthan
Company Location
United States
Company Website
www.manthan.com/product/merchandise-analytics
Company Facts
Organization Name
Inovretail
Date Founded
2011
Company Location
Portugal
Company Website
www.inovretail.com/product