๐๐ ๐ฒ๐จ๐ฎ๐ซ ๐๐ง๐ฌ๐ฐ๐๐ซ ๐ญ๐จ ๐ฌ๐ฅ๐จ๐ฐ-๐ฆ๐จ๐ฏ๐ข๐ง๐ ๐ฌ๐ญ๐จ๐๐ค ๐ข๐ฌ โ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ ๐๐ฏ๐๐ซ๐ฒ๐ญ๐ก๐ข๐ง๐ โ, ๐๐ก๐๐๐ค ๐ญ๐ก๐ ๐ฆ๐๐ซ๐ ๐ข๐ง first
In one retail sales data review, we saw discounts being applied broadly with no standardization. Some products were sitting on the shelf, so they were discounted. Some products already had very low profit margins, but they were also discounted. That is where the leak starts. Sales may still be coming in and out, so it can look like nothing needs to be touched. But if discounting is emotional or reactional, the sales manager may be moving products while quietly reducing the profit left in the business. So we categorized the data into something the team could use: 1. Products that need discounting 2. Products that do not need discounting 3. Rules for how the discount structure should work Because discounting has to be strategic. In some cases, it should not be available at all. At Legacy Data Consultancy, Discount Leakage Detection is about turning transaction patterns into clear rules and recommendations, so the sales manager knows the next right step without depending only on gut feelings. #RetailAnalytics #Profitability #InventoryManagement #DataDrivenDecisions
Legacy Data Consultancy
Great insights! ๐ Really valuable and inspiring. Keep sharing your journey and knowledge! ๐
@emankhan honored to
Really valuable perspective! ๐ก Discounts should be driven by data and profitability, not just slow sales. ๐๐
@Syeda_Rimsha well said