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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 RELEX?

Strengthen your competitive advantage by increasing your operational autonomy through data-driven and algorithmic strategies. Retailers that implement automation for their routine calculations free their planners to concentrate on higher-level strategic initiatives, driving greater value. Additionally, employing a system that encourages swift and proactive innovation enables your organization to remain agile and resilient amid constant changes. The Living Retail Platform equips you to enhance your retail operations for a multitude of potential futures, extending beyond just the scenarios you have considered. This level of adaptability not only prepares your business for success but also positions it to excel in the face of unexpected obstacles. Ultimately, a focus on continuous improvement and innovation can transform challenges into opportunities for growth.

Media

Media

Integrations Supported

AODocs
Adobe Advertising Cloud
Adobe Marketo Engage
Appian
Avaya Aura
BeyondTrust Endpoint Privilege Management
Blueprint
Boomi
Bosch IoT Suite
CA Flowdock
Creatio
Freshdesk
Google Cloud Platform
HPE Consumption Analytics
Infor CRM
MuleSoft Anypoint Platform

Integrations Supported

HIVERY

API Availability

API Availability

Pricing Information

Pricing not provided
Free Trial Offered?

Pricing Information

Pricing not provided
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS
Android

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
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

RELEX Solutions

Date Founded

2005

Company Location

Finland

Company Website

www.relexsolutions.com

Categories and Features

Retail Execution

Not specified

Categories and Features

Fresh Produce

Not specified

Inventory Management

Alerts/Notifications
Forecasting
Inventory Optimization
Manufacturing Inventory Management
Mobile Access
Multi-Channel Management
Product Identification
Reorder Management
Reporting/Analytics
Retail Inventory Management
Warehouse Management

Planogram

Not specified

Retail Execution

Data Collection
Pricing / Placement Optimization
Retail Site Audit
Workforce Management

Supply Chain Management

Demand Planning
Inventory Management
Order Fulfillment
Order Management
Sales & Operations Planning
Supplier Management
Transportation Management
Warehouse Management

Supply Chain Planning

Not specified

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