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Negotiating for growth: the smarter way for retailers to work with suppliers
= Summary: Ed Betts reveals how retailers can use algorithmic tools to refine the negotiation process and use it as a springboard for pinpoint planning, product innovation, and future profit growth. Rightly or wrongly, year-on-year (YoY) growth is seen as the measure of success to stakeholders and business leaders alike. But YoY growth very rarely happens organically. It is an active process, one which demands that every …
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Assortment | Blog
Stay ahead of Golden Quarter planning curveballs
= Summary: The Golden Quarter is a difficult and stressful time, but AI-driven retailing can ease the pressure. Ed Betts explains that through data and algorithmic analysis, retailers can drive strategic and tactical benefits which lead to bigger profits – those that don’t will be left behind The Golden Quarter is a pressure pot of planning. The 100-day countdown to Christmas encompasses the majority of the year’s …
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Pricing | Blog
eCommerce Pricing
2nd October 2013 | 3 min read Are you pricing effectively to engage your customers? In the digital age the one-size-fits-all pricing strategy is obsolete. E-retailers need a dynamic pricing process, customized for each customer…just in time. The ability to change prices instantly in response to market fluctuations is gaining a foothold in the e-commerce sector. Implementing dynamic pricing is not complicated… with the right technology. Integrating …
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Assortment | Press Release
Trading Performance – With Predictive Retail Analytics
10th August 2016 | 1 min read Retail Express would like to announce the implementation of a set of Standard Analytical Reports providing multiple views of the Trading Performance for the Historical Analysis of performance by Format, Market, Store and by Department, Category, Item etc., In addition the RE 2.0 solution can combine the Historical with the Predicted future view so that two weeks into the period …
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