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Industries > Retail > Better Predict Product Assortments

Business Issue:

Better predict which product assortments drive your most profitable customer segments to purchase

As purchasing channels increase, it's more important than ever to consistently put the right mix of products in the right stores at the right times. Teradata Retail Decisions helps you to effectively respond to local competition by ensuring each store's assortment is fresh and serves the needs of the local community.

Teradata Retail Decisions uses historical and market basket transaction data that produce a diverse set of analyses and reports to help you make smarter, more informed decisions. You get improved product assortments, greater customer satisfaction and increased profits.

Why is this a critical business issue?

Retail is more competitive than ever before. In addition to more sales channels, customers are bombarded with more and more choices. Savvy retailers know their customers, their wants and needs. To learn how some of the industry's thought leaders view retail, read the articles below.
* Business Objects and Teradata to Deliver End-to-End Business Intelligence for Retailers
* IRI and Teradata Join Forces to Create Powerful DSR
* Customer Strategies for Enterprise Growth
* Advanced Analytics: What Every Enterprise Should Know -  Mike Rote, Teradata

What are others doing?

The world's leading retailers are turning huge amounts of historical and market basket data into information that's used to make critical business decisions. Read how they're doing it.
* PING Inc.
* Menards Moves to Teradata to Enhance Merchandising Information
* Applebee's International

What are the experts recommending?

You have the information you need to be competitive. Use it. You'll learn who your most valuable customers are, what they purchase and when.

What should you do?

Teradata delivers industry-leading retail solutions that help you improve operations, generate profitability, and drive increased customer satisfaction. Read the following information to gain greater insight on how to leverage the power of Teradata and to plan your next steps.
* Will the returns justify the means? Try a Business Impact Assessment.
* Manage Your Data: Manage Your Business/ Retail LDMS and EDWr
* Special Section: Retail -  by Len Lewis
* Matsuzakaya: Building VIP relationships -  by Yoshihiko Izumoto
* Teradata Q&A: From Bytes to Bites at Applebee's -  by Karen D. Schwartz
* Grupo Gigante: Taking out the guesswork -  by Len Lewis
* Teradata Q&A: First in line -  by Len Lewis


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