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What is TCS Optumera?

As retailers craft their strategies for a post-COVID world marked by rising costs, shifting consumer behaviors, fierce competition, and strict safety regulations, their ability to adapt swiftly has become crucial. This urgent need demands a significant overhaul of retailers' operational frameworks. Moving forward, building resilience is key to unlocking substantial value and facilitating informed decision-making that relies on comprehensive data, predictive analytics, and intelligent, real-time insights tailored to local markets. TCS Optumeraâ„¢ provides an all-encompassing AI-powered retail optimization suite aimed at refining both merchandising and supply chain strategies in a unified manner. By utilizing this innovative technology, retailers have witnessed sales increases of 3-5%, nearly halved the time spent on operations, executed five times more strategies, and achieved a cost reduction of 20-30%. Additionally, it allows for the optimization of customer shopping baskets across multiple channels by considering demand transferability, consumer preferences, predictive analytics, and competitive products, ensuring a personalized shopping experience for every individual. This holistic strategy not only enhances operational efficiency but also equips retailers to excel in a swiftly changing market landscape while nurturing long-lasting consumer relationships.

What is Blue Yonder Retail Planning?

Enhance your growth potential by optimizing your strategies related to clustering, pricing, and promotions, so that you can consistently satisfy customer preferences. As customers increasingly transition among physical stores, online platforms, and home delivery services, inventory management has become more complex than ever. Retail spaces are evolving into multifunctional hubs that serve not only as retail locations but also as distribution centers and sites for online order pickups and returns, leading to necessary adjustments in store design and staffing. In this complicated landscape, it is crucial for retailers to implement robust merchandise operations systems to improve efficiency and maintain oversight of inventory levels. Blue Yonder provides an integrated planning suite tailored for accurate inventory management, ensuring that products are available at the right time, place, and price. By utilizing our comprehensive retail merchandising system, retailers can enhance both annual and same-store sales, improve their sales pattern analysis, elevate conversion rates, boost revenue, and cultivate customer loyalty amid a rapidly changing market. Adopting these innovations will not only position retailers to succeed but also prepare them to adapt to future market shifts effectively. Ultimately, embracing such advancements is vital in order to navigate the competitive landscape with confidence.

Media

Media

Integrations Supported

Adenza
Amazon Web Services (AWS)
Aqua
Avaya Aura
BeyondTrust Endpoint Privilege Management
Boomi
Commvault Cloud
Creatio
Datadog
Flexera One
HPE Consumption Analytics
IBM Cloud
Infor CRM
Ivalua
Juniper Identity Management Service
MuleSoft Anypoint Platform
Oracle Cloud Infrastructure
Splunk AppDynamics

API Availability

API Availability

Pricing Information

Pricing not provided
Free Trial Offered?

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Webinars
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Tata Consultancy Services

Date Founded

1968

Company Location

India

Company Website

www.tcs.com/optumera-digital-merchandising-suite

Company Facts

Organization Name

Blue Yonder

Date Founded

1985

Company Location

United States

Company Website

blueyonder.com/solutions/retail-planning-and-category-management

Categories and Features

Retail Execution

Not specified

Categories and Features

Demand Planning

Not specified

Retail Execution

Not specified

Space Management

Not specified

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