Empowered commercial teams with data-driven product assortment optimisation
Challenge
DFI Retail Group is a leading pan-Asian retailer that controls some of the most famous retail brands in the region, including Wellcome, Mannings, and Jason’s Marketplace, totaling more than 10,700 stores. Despite the size of their regional footprint, they had no unified method of analysing retail data outside of a team of in-house analysts. In today's rapidly changing retail environment, they found that this team was not sufficiently equipped to address the primary challenge of optimising product assortment. They explored some software solutions, but they did not provide satisfactory results.
Solutions
DFI Retail Group partnered with Tecsa to pilot its retail decision intelligence platform, OneViu, across some of the main Hong Kong-based brands in the group.
One of the main reasons that DFI Retail chose OneViu is because it is a no-code platform, which enables non-technical teams to leverage data and insights for better decision-making. Tecsa conducted 32 onboarding training sessions with 293 members of the DFI Retail commercial teams to teach them how to optimise their assortments using OneViu.
Results
As soon as the training was completed, OneViu was able to provide actionable insights that could answer the team's business problems.
For example, Tecsa helped senior category managers at Mannings to understand customer behaviour in the ‘Cough & Cold’ category by utilising OneViu’s consumer decision tree. The platform recommended clustering children’s products together on the shelf, making shopping easier for families and potentially enhancing Mannings' reputation as a ‘destination’ for high-quality children’s medicine products.
The initial training and pilot studies were deemed a complete success, and OneViu has been rolled out to all commercial teams in the company and will also be extended to the Singapore market