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Solution Offerings For Retail Industry RCTG Report
Solution Offerings For Retail Industry RCTG Report
COM
CUTTING-EDGE SOLUTIONS.
ENABLING NEXT-GEN RETAIL.
DO BUSINESS BETTER
Innovation
Analytics
Customer
Experience
Variabilization
Corner 1:
Innovation
SOLUTION: OMNI CHANNEL
With customers holding a plethora of connected devices, todays retailer must find new ways to attract consumers and
inspire high levels of customer loyalty. Omni channel innovative solutions can create a truly differentiated online, in-store
and customer service experience with interactive tools that put a wealth of information at retailers fingertips about
customer touch points.
With easy-to-use solutions, customers are empowered to access a wide variety of real-time information including
product and promotion details, pricing, location, availability, advice and more right where they are located whether at
home or during shopping. This suite of Omni channel experience solutions give retailers and customers the best of both
worlds the instant information access and the experience of shopping in the brick and mortar store. Wipros Omni
channel solutions showcases these new solutions, examining how the concepts work, their applications and the
experience of a highly effective Omni channel suite of solutions.
Online Channel:
The Online Channel Pod will showcase the customer touch points on the online channel.
Solutions such as New Channel Advertising, Semantic Search and Universal Wishlist are
integrated together to provide a number of scenario-led demonstrations focusing on
enhanced online customer experience and improved promotion effectiveness. These new
concepts allows customers to truly make the most of each online visit maximizing time
spent on the online website as well as the value of each visit. With new channel advertising,
customers will not only have more fun shopping but theyll also enjoy a one-of-a-kind
experience, with an electronic version of the catalog always at their fingertips providing
the ultimate in customer service.
Store Channel:
The Store Channel Pod will showcase solutions proposed for in-store experience which
makes an extensive use of location aware applications, facial recognition technologies and
recommendation engines. New technologies such as facial recognition help retailers for the
automatic and reliable identification of people for effective recommendation of relevant
products. The in-store experience will also entail enterprise connect solution that lets
store associates tap into internal social networks for effective customer experience and
NFC payment which allows customers to pay for in-store purchases simply by using
their smartphones.
Service Channel:
The Service Channel Pod will showcase solutions on enabling customer service on social
media. Customer service for brands doesn't just take place on the phone, in the store, or
on the website. The social web has become a vital part of customer contact. By
incorporating social media with traditional customer care channels, the customer service
solution empowers the retailer to connect with the customers like never before. This will
help improve acquisition and retention, enhance brand loyalty and increase sales and
revenue. Also showcased is the customer analytics solution which monitors and measures
customer touch points across the channels and provides insight to retailers in helping
manage and meet customers expectations.
Corner 2:
Analytics
SOLUTION: MARKETING MIX MODELING [MMM]
CMOs the world over are facing the challenge on how to measure and prove the return on every investment and
measure the impact of marketing on profitable revenue growth. Marketing Mix Modeling maximizes the spend efficiency,
provides dynamic, aggregated, and actionable insights in close to real time.
Wipros Marketing Mix Modeling Solution is a combination of state-of-the-art modeling techniques, advanced consumer
behavior research and real-time evaluation framework for marketing strategies.
MMM Solution includes web-based features for Marketing Effectiveness Modeling, What-if Analysis and End-to-End
Process Management. We also have Advisory Services for data and model refresh and Platform-based Services for lower
time-to-value and lower cost of ownership.
USABLE SCIENCE
Integrates & balances
retailers business
INTUITIVE, USER
FRIENDLY
Leads to adoption,
which is the key for
TRANSPARENCY
operational policies
Insight as to why
the price is
model
recommended
retail speed-to-value
SPEED
SIMULATION
Optimization results
Compare performance
at the point of
decision for
pricing to make
merchants
informed, fact-based
choices
SOLUTION: PROFITABILITY ANALYTICS SOLUTION AND SERVICES
Market saturation, rise of multi channel buying, changing demographics, diminished customer loyalty in Retail and CPG
industry are fuelling demand for Profitability Analytics, which helps organizations accurately analyze their true financial
position & profitability in all lines of business and link this information back to their strategic, financial and operational
planning process.
Wipros Profitability Analytics Solution provides organizations with a holistic view & helps drive down to the granular
view of key profitability parameters, in the form of easy to understand dashboards and reports. Using generally accepted
Economic Profit / EVA Models, the solution enables organizations to critically dissect the business information across
multiple dimensions [customer segments, channels, products, divisions, stores, regions etc.] and multiple scenarios thus
providing critical & timely inputs to their Budgeting, Planning & Forecasting processes. This information will allow
companies to focus on their profitable customers, product lines, channels and processes thereby having direct impact on
their ability to influence Net Margin, EBIT and other key parameters.
Services include Advisory on Roadmap, Process & Architecture Blueprint Assessment, Implementation Services on KPI
Development & Net Margin Analytics and Support and Maintenance Services. The key differentiator is a KPI repository
that is pre-populated with calculations, metrics and drivers.The repository is linked to dashboards and reports which can
be tweaked based on different user based scenarios. This service helps us quickly transform existing client data into
actionable information that can help influence their business decisions.
Corner 3:
Customer
Experience
SOLUTION: ENCORE 2.0
Encore is a comprehensive platform designed to enable retailers manage their e-commerce operations in an integrated
way. Encore Capabilities include e-commerce engine like consumer facing features, associate facing features, performance
and scalability, secure transactions with the entire supporting ecosystem. It enables retailers to access new markets by
shipping globally and increase profitability by marketing at an attractive price point by reducing time to value by half.
SOLUTION:VENDORNET
VendorNet Commerce Suite is a robust, web-based suite of cross-channel and supply chain management solutions that
automate order fulfillment processes and inventory visibility throughout your entire multi-channel supply chain. From
distributed order management, dropship integration and fulfilment, brick and mortar store fulfillment and bulk inventory
purchases to corporate-wide inventory tracking,VendorNet has the integration technology systems to automate order
routing and transmission, order status tracking, shipping, invoicing, reporting and order lifecycle visibility. From any
point-of-purchase,VendorNets cross-channel and supply chain management solutions deliver integration technology for
best source fulfilment to the end customer, distribution warehouse or retail store.
Corner 4:
Variabilization
SOLUTION: ECO ENERGY
Wipro EcoEnergy is the clean-tech business division of Wipro Ltd. providing intelligent, sustainable alternatives for
energy generation, distribution and consumption. We leverage analytical insights obtained from real-time energy data
into effecting dynamic control back of energy infrastructure and designing long term-energy efficiency strategies to help
our customers reduce their energy consumption & related cost. EcoEnergy specializes in managing the energy landscape
of retail sector enterprises. Our dedicated team of refrigeration, HVAC and lighting experts will help customize our
services to cater to your specific requirements; aiding you cut costs without a compromise on your business needs.
SOLUTION: BPO
Cost arbitrage is a given and no more a motivator for outsourcing. Customers are clearer on their expectations from
outsourcing contracts; they are demanding transformation. They want outsourcing to resolve their business problems
but want it to happen their way. Technology is transforming the way buyers and service providers discuss outsourcing
deals. Customers welcome technology but conditions apply they wish to sweat their technology assets completely
before investing in new ones, want to deal with minimum change management, want their outsourcing partner to be a
one-stop-shop for all their technology related requirements and demand absolute control over their outsourced
processes. Wipro BPO takes the technology augmentation route to enable outsourcing for their customers; it unlocks
hidden values, impacts operations beyond mere sustenance and productizes best practices. And all of this with no
major capex!
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Wipro Technologies 2012
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