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Tata Consultancy Services (TCS) has been named as a Representative Vendor in the 2022 Gartner Market Guide for Retail Assortment Management Applications: Short Life Cycle Products. TCS has been recognized for its award-winning AI-powered retail strategic intelligence platform TCS Optumera™ that enables retailers to make optimized decisions across space, assortment, price, promotion, markdown, and supply chain.
Built on a composable architecture, TCS Optumera has solutions across merchandising and supply chain that are feature rich, scalable, and highly adaptive to business dynamics. By leveraging AI and considering 1,000+ sales influencing factors such as the consumer decision tree, demand transferability, and product affinity, the assortment optimization solution recommends efficient and localized assortments across store clusters that customers love, driving up average basket value.
With its integrated and hyper-localized optimization, the platform enables retailers to seize missed opportunities, rationalize stock keeping units, and helps shoppers find what they need, when they need it.
TCS Optumera is part of the TCS Algo Retail™ suite that enables retailers to seamlessly integrate and orchestrate data across the retail value chain, harnessing the power of analytics, AI, and machine learning to unlock exponential business value.
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