profimetrics.com

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itim | Profimetrics

http://www.itim.com/solutions/itim-profimetrics.html

Store of the Future. Optimising Stock, Pricing, Promotions and Markdowns. Profimetrics is itim's optimisation solution helping retailers optimise. Profimetrics also changes the systems paradigm. Traditional retail systems provided retailers with access to information in data warehouses, using BI tools. This of course assumes the user knows what insight he/she is looking for.

profimetrics.es

Gestión de Rebajas

http://www.profimetrics.es/index.php/itim-software/markdown

Big Data - What's the fuss? Optimizador de Ventas y Gestión de Rebajas. Existen tres etapas críticas en el ciclo de vida de los productos: la distribución inicial del inventario, la gestión del inventario durante la temporada y la gestión de rebajas para las liquidaciones. Cada comerciante trata de alcanzar entre 65% a 80% de ventas aplicando el precio completo. Sin embargo, no se puede predecir el rendimiento de un producto. Si este rendimiento es incorrecto se puede:. En términos de rebajas, muchos de ...

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Maximising Cash Margin

http://www.profimetrics.es/index.php/itim-strategy-for-retail/optimise-your-business

Big Data - What's the fuss? In every category every month there is a price investment. A major retailer with 5bn in revenues last year gave away 800m. In cash on promotions and markdowns. Another retailer with 1.8bn in revenues gave away 250m. A European retailer with 500m in revenues gave away 70m. Markdown budgets (price investments in sales) have been rising progressively for the last 10 years - they vary from 8% of sales to over 20% of sales. There is continual margin leakage.

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Gestión de Precios

http://www.profimetrics.es/index.php/itim-software/pricing

Big Data - What's the fuss? Como Profimetrics ayuda a los minoristas a gestionar el precio. Profimetrics ayuda a los minoristas a tener el precio cierto. Estos son las principales funcionalidades soportadas:. Gestión del Precio de la Competencia. Mantenimiento de la Arquitectura de Precios. La mayoría de los minoristas usan reglas de precios muy sencillos basados en los márgenes brutos fijos, hasta empezar las ventas no pueden saber si el precio inicial que tienen es correcto. Nuestra trayectoria en la g...

profimetrics.es

Artículos

http://www.profimetrics.es/index.php/itim-retail-pricing-promotins-insights-blog-2

Big Data - What's the fuss? Promotions need to be more structured. Most retailers lack a structured approach to managing promotions. This results in over-promotion and confusing store and web experiences. Traders secure vendor funding on the wrong lines which makes future funding more difficult. Poor product selection often encourage the wrong consumer behaviour and the whole promotional process soaks up large amounts of precious time in planning, executing and reviewing. Financials are often not clear.

profimetrics.es

Big Data - What's the fuss?

http://www.profimetrics.es/index.php/itim-strategy-for-retail/itim-people

Big Data - What's the fuss? How to deal with Big Data. Current trading systems are far too passive and mostly dumb. 30 Years ago we used to complain that we had too much data and not enough information, we rushed to turn that data into information. Systems mainly encourage us to look backwards. Rely on human analysis and past experience. Provide low levels of intelligence. Based on data mining. Result in slow reaction speeds. It has not helped. In spite of the information we are providing:.

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Optimising Retail

http://www.profimetrics.es/index.php/itim-strategy-for-retail/retail-optimisation

Big Data - What's the fuss? In Retailing there are only 4 things that we try and optimise with Profimetrics. The diagram below describes its scope. This covers full stock allocation and replenishment. It uses advanced forecasting, combined with advanced measure of elasticities, halo effects and cannibalisation to do short-term and long-term forecasts dealing with fashion (seasonal) and continuity lines. This replaces traditionally replenishment mechanics in retailing.

profimetrics.es

Stock Optimisation

http://www.profimetrics.es/index.php/itim-software/stock-optimisation

Big Data - What's the fuss? The volatile business environment we live in means that there is no standard store, no standard stock or inventory profile, nor a standard approach to managing stock. There are no standard customers or customer groupings that allow retailers to generalise about demand patterns. Lifestyle, ethnicity, cultural and many other variations makes store profiling generally obsolete. Profimetrics is a goal driven stock optimisation system. Full feature demand forecasting. What makes Pr...

profimetrics.es

Intelligent Trading

http://www.profimetrics.es/index.php/itim-strategy-for-retail/intelligent-trading

Big Data - What's the fuss? What is intelligent trading? There is increased volatility in the environment we operate in. Factors like weather, economy, lifestyles and trends driven by social media are all creating demand volatility. Increased competition is driving price volatility. If you add to that the rate of product innovation you have a very difficult trading environment. How should we deal with volatility? Profimetrics uses advanced statistical techniques and correlations to understand the co-rela...