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Development of a Data-Driven Retail Optimization Platform
  1. case
  2. Development of a Data-Driven Retail Optimization Platform

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Development of a Data-Driven Retail Optimization Platform

supercharge.io
Retail
Consumer products & services
eCommerce

Operational Inefficiencies and Lack of Real-time Insights

RetailGiant Corp is facing challenges with inventory management, forecasting accuracy, and optimizing in-store experiences. Current systems lack real-time data analytics and struggle to adapt to rapidly changing consumer behavior. This results in lost sales, increased operational costs, and a suboptimal customer experience.

About the Client

A large, multi-channel retail corporation seeking to enhance operational efficiency, improve customer experience, and drive revenue growth through data-driven insights.

Project Goals

  • Improve inventory accuracy and reduce stockouts.
  • Enhance forecasting precision to minimize overstocking and waste.
  • Optimize in-store operations through real-time shelf analytics.
  • Increase sales and customer satisfaction through personalized experiences.
  • Drive a 10x return on investment through data-driven decisions.

Functional Requirements

  • Real-time shelf analytics with AR integration
  • Machine learning-based demand forecasting
  • Data migration from legacy systems
  • IoT-connected inventory tracking
  • Interactive analytics dashboards for performance monitoring

Preferred Technologies

Dataiku
Microsoft Fabric
Azure Data Lake
Python
SQL
Kotlin Multiplatform
Swift
React
Go
Azure
Angular
Node JS
Angular
React Native

Required Integrations

  • Existing ERP system
  • Point-of-Sale (POS) system
  • Inventory Management System
  • Customer Relationship Management (CRM) system

Key Non-Functional Requirements

  • Scalability to handle large volumes of data
  • High performance for real-time analytics
  • Robust security measures to protect sensitive data
  • Data privacy compliance (GDPR, CCPA)
  • Reliability and uptime

Expected Business Impact

This platform is projected to deliver a significant impact on RetailGiant Corp's bottom line. Improved inventory management will reduce waste and lost sales. Enhanced forecasting will optimize stock levels and minimize holding costs. Real-time shelf analytics will improve product availability and customer satisfaction. Overall, the platform is expected to drive a 10x return on investment within two years and significantly enhance RetailGiant Corp's competitive advantage.

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