Use Cases for Data Analytics | Transforming Business

Optimizing Merchandising and Inventory with Point-of-Sale Analytics

Written by DSI Team | Nov 13, 2024 4:09:56 PM

The Problem

Our client, a large convenience store chain, needed to improve merchandising and inventory management to better serve the needs of their local communities.

The Solution

Dimensional Strategies Inc. (DSI) collected and structured point of sale (POS) data from each store, enabling retail buyers to optimize product selection and inventory levels based on local consumption trends. Daily POS sales data and inventory feeds were analyzed to assess purchasing behaviors and anticipate stock shortages. This approach improved product selection and throughput, resulting in better store-level performance and increased customer satisfaction.