Storage and Logistics
By predicting future product consumption, retailers can reduce the amount of over-stocking, thus reducing storage and logistics costs.
Demand Forecasting
Predicting demand geography allows for more efficient shipping, produces higher sales, and eliminates losses from excess inventory.
Data Anonymization
Having anonymized data allows companies to better utilize or sell the data and protects against the large expenses that could be incurred from data loss.
Customer Segmentation
Grouping customers allows for more effective marketing, a more profitable product selection, lower risks, and better understanding of where expansion should occur.
Sales Trends
Understanding sales trends over time can lead to better decisions around inventory, products, expansion, or store closures, all of which increase revenue or reduce costs.
New Product Release
Understanding demand for a new product leads to more product choices, higher sales, and better store inventories that meet customer demand.
Price Optimisation
Identifying the optimal price for products maximises profit by achieving either higher sales or by higher margins. Price optimisation also reduces unsold inventory.
Store Location Optimisation
Having ideal retail locations drives revenue and limits losses from underperforming locations.
Shelf-Space Optimisation
Optimising shelf-space allows for higher store-wide revenue and product-specific revenue.
Product Lifecycle
Knowing the lifecycle of a product allows retailers to optimise shelf space and appropriately stock a product as demand increases and decreases.
The reason Calligo’s machine learning predictions have been proven to be so accurate is not just down to their data science skills. It is because they have an unusual blend of technical expertise and commercial understanding. Statistically-accurate models are commonplace. But teams that can create models that are both mathematically precise and also commercially savvy are very rare, and it is what Calligo specialises in.
Michael Boese
Calligo did a great job of helping Sunrun understand the art of the possible. Calligo came into our business and really taught us best practices in terms of Tableau application and what good looks like.
Steve Maier
Some of the Retail clients Calligo has helped
