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Home -> Solutions -> Efficiencies Suite -> Store Clustering           Data Ventures Solutions     Data Ventures’ iDV Efficiencies Suite is typically the first step for customers new to Data Ventures’ analytics.                           For consumer-packaged goods manufacturers and retailers, these applications will help identify the appropriate and most effective steps to remove inefficiencies.  The focus here is on improving in-stock availability, optimizing assortment, and space optimization.  This Suite is designed to increase revenue and reduce working capital needs for our clients.             Out-of-Shelf (OOS)   Category Overview   Assortment Optimization   Store Clustering   Effective Retail Pricing   Scorecards         Data Ventures’ Store Clustering application analyzes store performance and groups stores based on shopper behavior.       Store Clustering Data Ventures’ Store Clustering application analyzes store performance and groups stores based on shopper behavior.  Data Ventures identifies those store groups that maximize the shopper behavior similarities within each group, while simultaneously maximizing the differences between groups.  This allows for the identification of store clusters that have truly unique characteristics, highlighting differentiated shopper behavior and preferences. Highly discriminating Store Clustering is a fundamental step toward increased sales and profits through tailored product assortments, reduced out-of-shelf, and shopper behavior-driven merchandising.  This in turn can lead to improved shopper satisfaction and loyalty.   In addition, Store Clustering improves supply chain efficiencies due to the elimination of unproductive items. This reduces shrink, reduces inventory carrying costs, and increases in-store labor efficiency.                   iDV Solutions         Efficiencies Suite         Out-of-Shelf (OOS)   Category Overview     Assortment Optimization   Store Clustering     Effective Retail Pricing     Scorecards     Effectiveness Suite     Shopper Analytics Suite     Product Analytics Suite         Call Us         888.431.2676 704.887.1001 Monday - Friday 8 AM - 5 PM EST

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