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Retail Execution Data Hub: A Central Data Platform: 12-Wk Implementation
Serving as a single source of truth for all retail data, providing condensed and detailed views curated for the retail sales team enabling granular analysis till the store level
CPG enterprises are focussed on strong retail execution, to stand out on the shelf. Brands struggle to execute at retail and as a result experience lost opportunities and less sales. Real time insights on sales, customer satisfaction and promotion performance enable sales team to delivered tailored recommendation to retailers. Legacy data stores and non intuitive dashboards act as a hindrance. Also integrating the disparate data sources pose a challenge. The following factors are to be considered:
Also highlighting the challenges faced for processing the huge volume of data:
Sigmoid has built a Retail Execution Data Hub, functioning as a single source of truth by integrating data sources across retailers, syndicate data providers, furnishing data at the most granular level - by week, by product, by store. The unified data hub also meets the needs of different personas, providing summary views for leadership and detailed analysis for retail sales team. Intuitive dashboards enable actionable insights and quick decision making. The fast loading dashboards with data privacy protocols enable organizations to analyse till the store level. Multiple areas of retail execution such on-shelf availability, sales, Day 1 readiness , lost sales, etc. can be visualized by store, category and region. Some of the curated views provided (can be customized):
a. Promotional Activity Audit b. Retail Sales and Budget c. OSA Detail d. Inventory Visibility e. Planned vs Order vs Shipped f. Retail ASM Time Study... and many more
Benefits ensured:
The following Azure workloads have been used in developing the above mentioned solution: