Retailers exchange large quantities of information daily. Intelligent use of this information makes the difference.
The cash point (POS) is still the best store performance indicator. tND Retail enables you to use your POS data to increase your turnover. Based on your POS data we can measure the effectiveness of promotions. This will grow the net result of new promotions tremendously. In addition, we can model the POS data, so it can be used to reduce your Out of Stock levels on the shop floor. This by itself creates additional turnover, even if you’re not promoting continuously.
Your POS data is processed by us for analyses based on statistical models, developed by key statisticians who are well experienced in Retail. tND Retail has gained some clear results, especially with ‘fast moving’ retailers such as supermarkets, DIY markets and grocery stores.
The easy-to-use analyses software and low risk implementation of our methods deliver direct and tangible results in areas such as; share growth in additional customers, optimization of promotion margin and turnover, reduction of missed sales due to out of stock.