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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 Store360?

Store360 is a cutting-edge retail execution platform driven by artificial intelligence, created by Vision Group Retail, which provides brands and retailers with real-time insights into in-store activities. Through a mobile application, field representatives can capture shelf images, instantly receiving data-driven information about product assortments, pricing tactics, promotional efforts, and product arrangement. Utilizing advanced image recognition technology, Store360 accurately identifies products at the SKU level, highlights compliance issues like stock shortages and display irregularities, and suggests corrective actions before representatives leave the store. Furthermore, it automatically monitors critical retail KPIs, including shelf share, adherence to planograms, and product availability on shelves. The platform features customizable dashboards that improve visibility for various stores, representatives, and retail partners, facilitating a thorough understanding of performance indicators. By replacing outdated manual audits, Store360 enhances data collection and analysis processes, which leads to improved accuracy and faster decision-making across vast retail networks. This innovative solution ultimately enables retailers to optimize their operations more effectively, driving enhanced business performance.

Media

Media

Integrations Supported

AODocs
Acquia Cloud Platform
Actifio
Amazon Web Services (AWS)
Aqua
Avaya Aura
Boomi
Bosch IoT Suite
CA Flowdock
Commvault Cloud
Hitachi Content Intelligence
IBM Cloud
Infor CRM
Ivalua
MongoDB
MuleSoft Anypoint Platform
Oracle Cloud Infrastructure
SAP Cloud Platform
Splunk AppDynamics

Integrations Supported

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
Online 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

Vision Group Retail

Company Location

United States

Company Website

visiongroupretail.com/products/store360

Categories and Features

Retail Execution

Not specified

Categories and Features

Computer Vision

Not specified

Image Recognition

Not specified

Retail Analytics

Not specified

Retail Execution

Not specified

Retail Intelligence

Not specified

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