Retail

Transform Retail Success with OmniData™'s Innovative Solutions

Digital transformation in the retail industry is everywhere, from automated checkouts and checkout-less stores through to online retail and beyond. We have helped our customers achieve success by understanding the customer journey and requirements and plotting that to our custom retail industry roadmap. From there, organizations can clearly see where they currently sit and what the possible next steps are. Take a look at some of the successes we have achieved and get started on your digital transformation strategy today!

Explore How OmniData™ Helped These Retailers Take Action with Their Data

Retail Challenge 1

Use data analytics to streamline your retail business On-Time-In-Full (OTIF) order management with better demand forecasting.

The customer required a simple process to do more effective demand management and sales reporting for their range of over 200 standard stock liquor items in their 20+ retail outlets, on a weekly basis.

THE SOLUTION

OmniData™ rapidly deployed an Azure-based analytics environment ingesting data from the central Distribution Centre (DC) and each of the retail outlet warehouse systems as well as purchasing/sales data then modeled the data to provide a clear understanding of the historical data, coupled with dashboards and reporting. From there, a demand forecasting model was implemented to streamline the ordering process and new warehouse processes were defined to provide better OTIF order management.

Retail Challenge 2

Use data Analytics in your retail business to improve food safety management through IoT while reducing electricity consumption.

In a given retail environment thousands of products need to be kept refrigerated to remain safe for sale and consumer consumption. If the cold chain is compromised at any point the health impact to customers can be disastrous and the reputational and brand impact can be severe.

THE SOLUTION

As part of the digital transformation process, a baseline temperature for each fridge based on product storage temperatures was created and matched with the designated store product map. From there, data from IoT sensors in each fridge in each retail outlet was collected and paired with the baseline data and a graphical dashboard for the monitoring of the environments was created. This ensured that store management was always informed of the temperatures in each fridge and allowed them to act quickly if a temperature fluctuation was detected.

As an added benefit, the continued management of the refrigeration environment resulted in a reduction in electricity consumption as each fridge was now set to the optimum temperature for the products being stored in it.