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Competing on Analytics

 

     
EXCELLENCE
IN ICT

ADVANCED MODELS
COMPETITIVE TECHNOLOGIES
     
 
Competing on Analytics
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Successful companies are characterized by their focus on areas of expertise that they are known for excelling in and the method via which they manage to achieve repeatability. Consequently, TRIA's goal is to provide Analytics methods and tools in order to establish a pattern for the analysis of processes and management of resources in an integrated manner.
With an integrated information system at their disposal that is based on a logical architecture and managed centrally while its use is distributed, any Company can:
  • Have handy access to data, information and company knowledge in real time.
  • Continually measure company performance.
  • Manage resources and processes in the best possible way to achieve the overall objectives being pursued.
Furthermore, with business data being managed in real time, decisions can be made on the spot, analyses and simulations can be conducted, and the company can be steered based on reliable information.
 
More specifically, for the Retail sector, TRIA has gained significant experience in the following areas:
  • Price planning : collection of information on Competitors, determination of competitiveness rating, determination of price according to sales policy, verification of impact on margins and, if excessive, new planning of corrective actions (e.g. increasing the price of other products).
  • Category management : identification of tools for measuring effects in the event of a shift in Category Management levers: Display, Promotion, Price, Range.
  • Planning and forecasting :creation of Promotion and Price Planning solutions and Demand Forecasting solutions.
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