To be successful, retailers need to prepare for what they don’t expect: from the impacts of new payment options, to disruptive new entrants and innovations, increasingly complex global supply chains, and self-directed shopping journeys. While many retailers continue to keep brick-and-mortar and digital interactions separate, the leaders know that all channels must be seamlessly integrated to help ensure success — including optimizing logistics, managing or sourcing online inventory, striking the right balance between customer satisfaction and profitable inventory, and space optimization in the store itself. Read this brief to learn how FICO is helping retailers and grocers to use optimization to increase decision accuracy by 5%-40%, while deploying optimization applications up to 80% faster than possible – collectively, providing businesses with the ability to drive more revenue and customer connectivity while reducing costs.
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