Whether you are building your first cloud billing system, or enhancing your existing solution, Lancet specializes in delivering the best in class reporting, for retailers, by retail experts.
Do you need answers to these key questions?
- How are my products selling?
- What is my sales and profit trend?
- How are my stores performing?
- Who are my customers?
- How effective are my campaigns?
- Do I have the right inventory in the right place at the right time?
Lancet Can Help You:
- Drive sales and profitability by tacking product demands, trends and opportunities
- Evaluate cost-effectiveness by customer segmentation and develop strategic campaigns
- Monitor store operations and empowering management to optimize and budget
- Gain valuable insight into supplier performance and uncovering areas to reduce cost
- Avoid out-of-stocks with inventory management alerts
- Understand shelf space and product placement with key market basket reports
- Manage inventory shrink with loss prevention metrics
Unlock the Value of Your Retail Data
| Key Business Processes: | Retail Industry Business Improvement Opportunities (BIOs) |
||||||
|---|---|---|---|---|---|---|---|
| Customer Management | Customer Value Measurement | Customer Retention | Customer Growth | Customer Acquisition | Customer Communication | ||
| Financial Management | Integrated Financial Analysis | Revenue Realization | Expense Rationalization | Assets & Liabilities Optimization | Profitability Optimization | ||
| Demand Chain Management | Demand Forecast Accuracy | Out of Stock Minimization | Replenishment Optimization | Optimized Item Allocation | Vendor Collaboration | Order Optimization | |
| Promotional Management | Promotional Cardholder Selection | Promotional Item Selection | Promotional Price Selection | Promotional Type Selection | Promotional Localization | ||
| Assortment Management | Item Reduction/Deletion | Localized Assortment | Space Allocation Optimization | Markdown Management | New Item Introduction | Price Point Identification | Cross Merchandising |
| Store Operations Management | Front-end Productivity | Store Labor Effectiveness | Labor Scheduling Optimization | Store Layout Optimization | Site Selection | Waste Minimization | |
| Supply Chain Management | Vendor Consolidation | Vendor Sales & Profit Optimization | Operational Performance Management | Trade Funds Optimization | Store Delivery Optimization | ||
| Loss Prevention | POS Fraud Reduction | Shrinkage Minimization | Vendor Fraud Detection | Customer Fraud Detection | |||