011 - Store Grouping Part 2: Enhancing Your Strategy for Grouping Stores
KIVALUE Retail Technology Podcast09/19/24 • 35 min
In this episode of the KIVALUE Retail Technology Podcast, Christoph Gräber, Dr. Lutz Kämmerer, and Giorgio Loiodice from KIVALUE dive into the essential topic of store clustering. They discuss its role in retail planning, advanced clustering approaches using algorithms like K-means, and the importance of integrating e-commerce and external data. The conversation also covers customer segmentation, data-driven decision-making, and the benefits of outsourcing store clustering to enhance retail efficiency.
KIVALUE is an innovation consultancy for fashion brands and retailers. Working closely with Merchandisers, Buyers, and Supply Chain executives, KIVALUE delivers sustainable business value through a unique data-driven methodology – helping reduce overstock, missed sales, and time to value.
09/19/24 • 35 min
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