This data-driven industry heavily relies on retail analytics to ensure customers receive ordered items on time, without defects, and top-notch customer service. No matter if you need to use a certain KPI in retail to generate ad hoc insights, or to fortify your analytical processes with automated reports, as a retailer you need to think of modern solutions for modern problems. To succeed in today’s modern retail industry, no matter if it’s an online shop or physical store, retailers must optimize their processes constantly.
Among other things, it empowers retailers to identify consumer patterns, enhance stock management, lower rate of returns and ultimately increase sales as well as profitability. A retail dashboard is a performance tool to visualize and report all important retail KPIs in one central interface and turn this collected data into actionable insights.
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