Galleria Retail Technology Solutions, a provider of retail and category optimization solutions, today launched version 3.0 of its Behavioral Cluster Planning solution.
The solution enables retailers and manufacturers to optimize sales by clustering stores based on product performance data, such as historic sales, market or manufacturer information.
According to a company press release, the latest release features improved statistical data cleansing methods, reporting functions and management tools to provide more accurate and efficient clusters.
“Version 3.0 of Behavioral Cluster Planning offers a higher level of science and sophistication to help users create a precise cluster strategy in less time,” said Mike Humphreys, CTO, Galleria.
The solution’s reporting features enable users to create multiple tabs to compare and contrast various scenarios on demand, eliminating the need to compare reports manually. Additionally, it allows users to preview how a new or remodeled store will perform in a cluster without having to recalculate the entire existing strategy.
Galleria’s Behavioral Cluster Planning 3.0 is available from the end of June to retailers and manufacturers worldwide.