Reporting & Analytics
Analyze sales, labor, inventory, and other business data in one place to quickly understand underlying reasons for performance.
- Automate aggregation of data from multiple systems and reduce reporting process costs and enable quicker, and smarter, decisions.
- Interactive dashboards available anytime, anywhere, on any device (desktop, mobile) to see trends, performance outliers, and drill-downs to quickly answer business questions.
Demand Forecasting
Reliably predict demand and outcomes based on underlying data patterns and key events
- Sales forecasts with over 90% accuracy.
- Price elasticity analysis (coming soon).
Sales Promotions
Piik.io algorithms continuously analyze and uncover patterns in sales, transactions, and product combinations to recommend:
- Which product combinations work better than others.
- Which items to promote through sales discounts, when, and at which locations.
Inventory Optimization
Efficiently manage and optimize your inventory and ordering.
- Analyze historical inventory and ordering patterns to avoid stock-outs and lost sales.
- Reduce cost of wastage and obsolescence.
Labor Optimization
Minimum wages are on the rise in most jurisdictions.
- Analyze staff performance and labor costs in relation to sales and store location.
- Optimize staffing schedules based on predicted sales forecast through data-driven analyses of location footfall, transaction volumes, productivity profiles, and costs.
