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Challenge

As retailers strategize for the post-COVID world marked with rising costs, changing shopping behavior, stifling competition and implementing safety norms, an imperative need is to be able to respond swiftly. This requires a tectonic shift in the way retailers operate. The way forward is providing the required resilience to unlock exponential value and make decisions with confidence backed with big data, predictive analytics, intelligent real-time, personalized and localized insights.
 


 

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TCS Solution

TCS Optumera™ AI-powered retail optimization suite, helps to optimize merchandising and supply chain decisions in an integrated manner. Retailers have seen 3-5% increase in sales, ~50% reduction in time spent, 5x more strategies and 20-30% reduction in costs.

Macro Space Optimization: Recommends optimal space to drive autonomous space strategies. 

Price, Promotion and Markdown OptimizationUnifies price, promotion and markdown decisions for sales growth.

Omnichannel Assortment OptimizationComplete customers basket across channels considering demand transferability, customer choice sets, predictive analytics and competitive assortment.

Fashion Assortment: Predict the success of new style, set initial price right leveraging computer vision capabilities

Self-Learning Supply Chain: Multi-dimensional concurrent optimization across supply chain KPIs, replenishment plans and forecasting
 


 

 

 


 

Benefits

Increased Sales and Higher Margins
 

Enhanced Price Image Without Gross Margin Erosion
 

Improve Availability Without Impacting Cash Flow
 

Enriched Shopper Experience Through Right Mix
 

Better ROI
 

Reduce Waste & Inventory Cost
 

Reduced Cost to Serve 
 

Faster Time to Market
 

Awards and Recognitions

Algorithmic Retail Enterprises are the Future
WHITE PAPER

Algorithmic Retail Enterprises are the Future

Find out how AI in retail can help retailers drive value chain-focused decisions.
TCS Optunique™ and TCS Optumera™ Win Top Honors at the 2021 Artificial Intelligence Excellence Awards
PRESS RELEASE

TCS Optunique™ and TCS Optumera™ Win Top Honors at the 2021 Artificial Intelligence Excellence Awards


ANALYST REPORT

HFS Highlights TCS Algo Retail™ Powered Cognitive Supply Chain Solution

 

  

 

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