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Customer Demand Solution Suite for Panda
A
Khimetrics product story
Edited by the Manufacturingtalk editorial team
May 13, 2005
Panda, the leading food retailer in Saudi Arabia, has licensed Khimetrics Customer Demand Solution Suite to improve merchandising effectiveness.
Panda, the leading food retailer in Saudi Arabia, has licensed Khimetrics Customer Demand Solution Suite to improve merchandising effectiveness.
Panda will use the Khimetrics solution to support its "best practice" category management processes.
The solution will be used to model customer demand, develop category strategies and optimise prices consistent with financial and competitive goals.
In addition, Khimetrics will enable Panda to generate a single demand forecast to support more efficient supply chain practices.
"In an increasingly competitive marketplace, we need to seek innovative ways to meet our customers' needs while growing profitably", said Robin Caley, chief operating officer of Panda.
"We chose Khimetrics because they have the most evolved technology and solution plus the retail expertise necessary to help ensure that the solution is practical to use by our team." "This selection is evidence of the global interest that customer demand solutions are creating for retailers committed to understanding their customers and developing strategies that retain and grow a loyal customer base," said David Hawkings, Managing Director, Khimetrics UK.
Khimetrics has established itself as a global leader in customer demand solutions across grocery, mass merchandise, drug, specialty and convenience retail segments, supporting any retail strategy ranging from Hi-Lo to EDLP.
Khimetrics Customer Demand Solutions uniquely combine a patented software suite with processes and expertise to help retailers create sustainable competitive advantage without sacrificing profitability.
Khimetrics customers typically experience an increase in revenue of 1 to 3 percent and an increase in profitability of 3 to 5 percent while simultaneously improving price image.
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