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POWERFUL DATA ANALYTICS SERVICES FOR RETAILERS

Do you want to take your analytics capabilities to the next level? Are you searching for a solution to solve a specific business problem, or require support navigating complex quantitative software? Cognira Associates’ professional services team is ready to help you mine an ever-increasing mountain of data to reveal game-changing insights that will give you the competitive edge you need.

WHAT WE DO

OPPORTUNITY ASSESSMENT

At Cognira Associates, we specialize in identifying ways data can deliver greater efficiencies and accuracy to your merchandising and supply chain operations. We’ll help build a business case for advanced analytics tools and projects by completing a thorough assessment of your business challenges and objectives, current processes, system configurations and data quality.

FORECAST CONSULTING SERVICES

By applying AI and machine-learning techniques to your forecasting system, we can access a much broader data set, detect hidden but meaningful purchasing patterns, and pull in a wide variety of external and contextual variables – all of which lead to faster and more accurate predictions of demand for your products.

Cognira Associates also offers Forecasting as a Service for retailers that want highly precise, custom forecasts created by the industry’s most skilled experts delivered to them on an ongoing basis.

SYSTEM OPTIMIZATION

We get it. Without the right talent or resources in place, using analytic solutions to optimize your forecasting, replenishment or allocation processes can be very complex and overwhelming. Whether you’re considering a custom or off-the-shelf analytic solution, or are currently using one, let us help. Cognira Associates’ professional services team will examine your system configurations, align the solution with your business strategies, refresh and tune system parameters, and educate your user community to ensure you get the results you want.

STATE-OF-THE-ART SYSTEMS

We harness the power of cutting-edge systems designed to analyze large data volumes, combining them with machine learning algorithms to bring intelligent decision automation to life. We also leverage the latest technologies, including high-efficiency SPARK RDDs, GPU computation and scaled Tensorflow frameworks, to provide our retail clients with timely and actionable data-driven insights.

HOW WE HELP

We apply science and analytics to the following retail functions to help our clients get data-driven answers to their most-pressing questions.

ASSORTMENT

What’s the right product mix?

Which products will appeal to my customers?

What attributes are important?

How much should I buy?

How can I optimize my size profiles and pack configurations?

SPACE

How much floor space do I need for a category? A department?

How much shelf space does this product need?

Where on the shelf should it go?

How does product placement impact sales?

Does my customer shop online or in-store?

PRICE

How does the price of an item impact sales?

How does an item’s price affect other items?

When should I start markdowns?

How much should I reduce the price of an item?

ALLOCATION & REPLENISHMENT

How much safety stock should I have on hand?

How often should I replenish?

What’s the optimal size mix for each store?

How should I stock for upcoming promotions?

What’s the best omnichannel fulfillment strategy?

OMNICHANNEL

Are my fulfillment algorithms and replenishment practices aligned?

Am I efficiently fulfilling customer orders?

How should I anticipate e-commerce demand during the holidays?

Should I route demand to satellite stores?

Should I anticipate demand as close as possible to the customer?

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