Advanced Analytics
AI-powered retail diagnostics
Get the most out of every store location by identifying risks, opportunities and exactly how to improve their outlook across regions, stores, or even hours.
Trusted by the best
Background
High-impact actions for high-performance stores
The pandemic has blown apart the traditional store P&L. With labor costs surging and store traffic being funneled towards ecommerce, retailers need to constantly re-evaluate their store operations to stay effective. It’s not about more data–store managers already spend hours pouring over reports but most are unable to consistently find and act upon the right insights. Advanced Analytics eliminates the confusion by clearly marking risks and charting a path to overcome them.
Specific insights and actions to avoid risks and capitalize on opportunities
Features
- Advanced risk detectionSpot where you’re at risk of missing your sales targets with sophisticated forecasting algorithms that alerts you to the segments and metrics that need attention well in advance.
- Opportunity analysisJust because a store is hitting its targets, doesn't mean it’s hitting its potential. Tulip’s Advanced Analytics solution analyses the complex web of store data inputs in order to identify and take action on hidden optimization opportunities.
- Automated insightsRather than rely on each regional, district or store manager to spend time trying to interpret their numbers, Advanced Analytics provides AI-driven insights into how to optimize performance. It uses predictive analytics to identify risk and offers contextual recommendations based on benchmark data, the retailer’s unique operations, and industry best practice.
Impactful tools that start creating value right away
Features
- Intuitive UIAnswer questions like “which stores could continue to meet their sales targets with fewer labor hours?” in just a few clicks with role-specific insights that make it simple for each user to get the information they need without being a data analyst.
- Interactive dashboards and reportsDive into specific metrics, time periods, or segments with simple filterable dashboards and reports that let you spot big-picture risks and easily determine what to do about it. With Advanced Analytics, some store managers have replaced up to 25 different reports and saved 6h/week trying to demystify them.
- Intraday visibilityMake adjustments in real-time with an up-to-the minute view into everything from which products are moving the fastest to how you’re performing against targets.
Client Outcomes
Each number shows Tulip’s impact on one retailer’s business
6h
Time savings reported by store managers each week on planning and analysis
2%
Comp store growth reported after implementing Tulip across over 1000 stores
Speak to a Tulip rep today and see how we can help you.
6h
Time savings reported by store managers each week on planning and analysis.
2%
Comp store growth reported after implementing Tulip across over 1000 stores.
Speak to a Tulip rep today and see how we can help you.
Built for sophisticated retailers with a large brick-and-mortar footprint
Features
- Enterprise-gradeDeveloped for enterprise retailers with complex operations, Advanced Analytics lets you look at risks and opportunities at the macro level and drill down to examine every facet of your brick-and-mortar network.
- Field leader oversightIdentify opportunities across stores with dashboards that highlight key pieces of information at a glance and a performance-driven leaderboard that shows which stores are excelling and which have room to improve.
- API integrationAdvanced Analytics connects with your existing data feeds to quickly start turning numbers into insights.
Resources
Hear from the experts
The Store of the Future is now. We’ve curated some of the best resources that dive deeper into why hyper-personalization is the future of retail.
6 Strategies for Managing the Retail Labor Shortage
Learn how retailers can navigate ongoing labor shortages and position staff for success in a post-pandemic world.
Store manager essentials for the digital age
Few, if any, roles in modern retail are more demanding than that of a store manager. Store managers are essentially the CEO of their store. They are accountable for such areas as financial performance, customer service, expense management, talent management, and compliance