Through the use of demand-based science and predictive analytics, Revionics replaces gut feel and spreadsheets with a datadrive, disciplined approach to merchandise planning strategies and tactics. These solutions enable merchants to predict and respond to changing shopper behavior, surgically position against new and traditional competitors, deepen shopper engagement and loyalty and move from product centricity to shopper centricity. Their software solution suite provides planning, management, optimization and effectiveness measurement across the critical merchandise planning levers - life cycle pricing, assortment and space.
Founded in 2002, Revionics now has over 37,000 retail sites globally that leverage their solutions to make smarter, data-driven decisions. They service a variety of retail verticals including grocery, health and beauty, building materials, convenience, general merchandise, discount, specialty, sporting goods and eCommerce.
Revionics' global customer base includes regional to super tier 1 retailers including: Safeway, Family Dollar, Cabela's, Roundy's Supermarkets, Big Y Markets, Fairway, Gander Mountain, DIXY, Guardian, Dick's Sporting Goods, ALCO, Tractor Support Company, City Farmers, BevMo!
Revionics' solutions are offered on Software-as-a- Service (SaaS) platform that offers agility, fast time-to pay back while future-proofing retailers from the growing 'Big Fast Data' challenges. Their solutions uniquely provide complete transparency explaining the 'why' behind all recommendations, which is critical for adoption. Through the use of self-learning demand models, Revionics' customers enjoy recommendations that always reflect current and emerging consumer sentiment. Their customers have an ongoing yearly return on investment (ROI) around 10-fold.
"We have a deep, genuine and consistent partnering culture that permeates all of our interactions with customers and prospects," said Marc Hafner, President and CEO of Revionics. "Our SaaS-based model supports this and we know we need to earn our client's 'renewal right' every single day. I'm very proud to say that our renewals are near 100 percent and year-over-year growth has averaged at least 6 times the overall market growth."
Backed by an abundance of retail optimization expertise, proven solutions and a deep partnering culture, Revionics is well positioned to continue improving retailers' competitive advantage in today's ever-changing marketplace.