Manthan Merchandise Analytics Description

This information provides insights on the necessary actions to be taken, including the timing, location, and responsible individuals. Manthan's Merchandise Analytics is an advanced Prescriptive Analytics solution driven by AI, offering recommendations for the most effective, data-informed actions across vital merchandising and in-store operations. Additionally, with its innovative conversational interface, all business users can easily access and utilize these valuable recommendations. By personalizing product assortments according to customer preferences and localizing them to specific stores, businesses can better meet their customers' needs. The platform supports both pre-season and in-season assortment planning, allocation, new product launches, and visual merchandise or space planning, while also helping to define private label strategies. Actions are specifically designed to enhance key assortment metrics, including sales growth, gross margins, and inventory turnover. Furthermore, it offers insights on product bundling, markdown strategies, and decisions regarding which products to retain or discontinue. In this way, businesses can effectively tailor their offerings to maximize profitability and customer satisfaction.

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AI-video analytics allows store managers to detect and prevent shrinkage as well as inventory thefts as soon as they occur. InfiEye AI can help you improve your in-store shopping experience. It can identify fast-selling SKUs on shelves and monitor customer behavior in-store. You can integrate with your existing PoE cameras in-store. Place your cameras at the points you wish to monitor. The image recognition algorithm analyzes live in-store feeds frame by frame to identify every object on the shop floor. Staff are notified by evidence-based alerts to ensure that they can intervene in a friendly way. Track sales performance and inventory stock-outs. Each store can reduce shrinkage and increase net-sales.
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Company Details

Company:
Manthan
Headquarters:
United States
Website:
www.manthan.com/product/merchandise-analytics

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