Manthan Systems Showcases Retail Solutions for Convenience Stores at Upcoming NACS Conference
BANGALORE, India, September 19, 2013 /PRNewswire/ --
Retail Analytics Provider to Demonstrate Solutions for Analytics, Pricing and Promotions Management at Insights NACS Future of Convenience Event
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Manthan Systems, the global leader in business intelligence (BI) solutions for retailers, will be showcasing its analytics products at Insights' and the National Association of Convenience Stores' (NACS) The Future of Convenience Conference, Room #1, Booth #7, September 25-26, 2013 at the British Library in London, United Kingdom. Themes for the event include numerous opportunities and risks to today's convenience store industry, the connection to the consumer and the future of fuel. Manthan representatives will be on-site to demonstrate how company customers successfully leverage ARC solutions to address each of these challenges and opportunities.
The Future of Fuel
According to the 2013 NACS Consumer Fuels Report, 71% of consumers identify price as the most important factor in buying gas, increasing from 63% in 2012. Findings from this report also note that consumers will seek out competition to save five cents per gallon; specifically, 68% of consumers will drive five minutes out of the way to save five cents per gallon.
"C-store retailers must entice the price-sensitive customer without sacrificing margin," said Sachit Murthy, SVP of Sales for Manthan Systems. "This requires a real-time understanding of local competitive pricing, brand pricing strategy and cost. ARC Fuel Analyzer is designed with this objective in mind, providing users with fuel price recommendations based on the specific brand-price strategies."
At the Insight NACS Future of Retail show, Manthan will demonstrate the features of ARC Fuel Analyzer, including geo-mapping and visualization tools. These utilities allow users to track, in real-time, competitor locations and pricing updates. In addition, ARC Fuel Analyzer enables c-stores to compute best-case gross margin scenarios with pricing simulation utilities.
In addition to the Fuel Analyzer, Manthan will demonstrate additional solutions available with the ARC suite, including Customer Analytics, Merchandise Analytics, Vendor Link and Vendor Insights; visit our convenience store analytics solution page for more details. During the event, Manthan will preview these solutions in Room #1, Booth #7, September 25-26, 2013 at the British Library in London, United Kingdom. To arrange for a demonstration or appointment at this event, please contact info@manthansystems.com.
About Manthan Systems
Manthan serves as the Chief Analytics Officer for retailers worldwide.
Over 80 retailers are supported by Manthan's predictive and guided analytics, pre-built and flexible dashboards, dynamic reports and data visualizations combined with complete mobile enablement. Moreover, Manthan provides the only retail solution to transform traditional business intelligence to smart decision-making support with bi-directional integration capabilities that convert insight to action.
Recently ranked #1 for technology innovation and product reliability by RIS News Software Leaderboard, Manthan is the largest organization solely committed to delivering best-in-class retail BI solutions with over 800 employees in five countries. For more information, please visit http://www.manthansystems.com.
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Media Contact:
Joanna Beerman
Manthan Systems
+1-435-901-4844
joanna.beerman@manthansystems.com
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