Remove Analytics Remove Apparel Remove KPI Remove Marketing
article thumbnail

Serendipity systems: architecting personalization systems at scale

Capgemini

Resolution of unknown to known users is also critical in maximizing the total market of customers that you can personalize for. Linking analytics to outcomes and a holistic set of KPIs is needed to monitor the health of recommendation systems and understand their impact (intentional or otherwise).

article thumbnail

Turnover Ratio, Return Rate, Shrinkage, and Other Inventory KPIs to Manage Your Stock

Altexsoft

Tracking these KPIs gives inventory managers better visibility of the supply chain and an understanding of the market in general. Analyzing inventory KPIs and their dynamics helps decision-makers optimize stock-related processes, reduce costs, and ultimately improve the business’s bottom line. How to approach it?

KPI 52
article thumbnail

Dynamic Pricing Explained: Use in Revenue Management and Pricing Optimization

Altexsoft

The reality is that you’ll need a more sophisticated pricing strategy to fit into today’s highly competitive market and be flexible enough to adjust to any changes. Dynamic pricing is a practice of setting a price for a product or service based on current market conditions. Would you consider fixed costs, competitor prices, or both?