If you're looking for a Trax alternative, Technologies for Positive Commerce is another option. This digitalization platform turns physical stores into hybrid retail models that improve commerce experiences and profitability. It provides real-time visibility for cost control and inventory management, smart store operations and insights into market trends through retail analytics and IoT data. This can help improve store operations, inventory turnover and customer satisfaction while promoting sustainability.
Another contender is RELEX, a unified supply chain and retail planning platform. RELEX uses machine learning to help retailers and consumer goods companies make data-driven decisions. With modules including inventory management, production planning, supply chain planning and merchandising, it can help with forecasting, inventory management and supply chain optimization. RELEX customers like Lowe's and Rossmann have seen improvements in these areas, so it's another good Trax alternative.
Bluecore is also a good option, a personalized marketing platform that uses customer data to create targeted campaigns across multiple channels, using predictive AI models and real-time behavior data. That can lead to a big boost in short-term revenue and long-term customer lifetime value by automating campaigns and responding to shopper signals and events.
If you're interested in prescriptive analytics and operations optimization, Profitect is another option. The platform uses machine learning to give retailers actionable insights on how to increase profit margins. It includes inventory optimization, sales and exception-based reporting and a mobile field application, and integrates with various departments to optimize operations and deliver results through clear instructions.