ABOUT PERISCOPE Periscope™, a McKinsey Solution, was founded in 2007 to meet growing demand for a solution that could offer not only transparency into big data in pricing, margin, and category optimization but could also be used across the board, from power users to the frontline. Periscope offers a comprehensive suite of solutions that deliver actionable insights and embed new ways of working that drive lasting performance improvement and a sustainable 2-7% increase in return on sales (ROS). The solutions implement and sustain commercial transformation for companies across industries and geographies, leveraging McKinsey IP, the firm’s tried and tested methodologies, and expert capability-building support. Periscope’s portfolio of solutions comprises Price & Margin Optimization, Category & Merchandising Optimization, and Insights Foundation, complemented by custom capability-building programs. To learn more about Periscope, visit http://periscope-solutions.com. PERISCOPE SOLUTIONS Price & Margin Optimization: Category & Merchandising Optimization: Insights Foundation: In an increasingly sophisticated landscape, advanced price optimization and management are more crucial than ever - Periscope helps managers across functions improve commercial performance and outperform their competitors. At a time when consumer and packaged goods companies are finding it increasingly challenging to find growth, Periscope drives 14 pp in sales lift through embedding best practice in merchandising and category management. Big data is everywhere but having it is one thing, using it to best advantage is something else altogether. Insights Foundation delivers smart business intelligence derived from big data coupled with advanced analytics to enable companies to achieve consistent above-market growth. • Performance Vision provides • visibility on data from disparate sources, analyzing margins, delivering recommendations, and defining actions to enable Banking, B2B, and consumer goods companies to increase ROS by 2-7% year-on-year and maximize the value of every customer transaction. • Price Advisor supports • decision making on pricing across large product portfolios through delivering smart business intelligence, analyzing all market dynamics, e.g., customer/ channel/ customer down to the individual product level, to enable companies to grow RoS by 2-5% points annually. • Deal Advisor helps financial institutions and B2B and B2C companies to achieve best-inclass deal management through facilitating better competitive positioning and reducing risk, enabling them to boost RoS by 7% p.a. • Assortment Advisor’s proprietary methodology, based on real-time consumer usage and behavior, helps consumer goods manufacturers identify optimal shelf assortments and spacing to drive a 1-3% increase in RoS annually and achieve maximum investment payback. • Market Vision delivers 24/7 real-time business intelligence across competitors, online channels, and geographies to enable B2C, retail, and insurers to make smart decisions on pricing and products and improve their margins by 1.5% year on year. Promotion Advisor enables informed decision making on price promotions through providing one source of truth for both internal and external data and delivering advanced analytics to drive a 10- 20% increase in trade spend effectiveness and 1-2% growth in profitability every year. • Shopper Insights helps retail and FMCG companies make customer-centric decisions to drive a sustainable 2-7% increase in RoS through providing detailed analyses and insights on their customers and their shopping behavior. • Advanced Analytics predict consumer and shopper behavior to support companies in pricing, promotions, assortments, marketing, trade spend, and new product innovation. • Data Vision cleans, Offer Innovation helps companies achieve 20-50% sales lift through designing more effective promotions and improving collaboration with trade partners. structures, and integrates data from disparate sources, both internal and external, enabling effective data management and creating advanced visualization tools to run successful business initiatives. EXAMPLES OF PERISCOPE IN ACTION Periscope propels a global beverage company onward and upward Performance Vision helped a leading beverage group optimize return on sales by identifying which promotions succeed or fail – and why. The solution created a common language for managing revenue and margins, enabling the company to fine-tune decisions in 24 markets and make quick course corrections to boost profit performance worldwide. Periscope turbo-charges a consumer goods brand Assortment Advisor helped the company optimize its product mix by store type to achieve category captain status. With the competition for share of shelf hotter than ever, the solution delivered fresh insights into consumer behavior to drive the company’s retail strategies. Periscope delivers a clear formula for success for a chemicals player Periscope Performance Vision’s unique mix of data management, analytical insights, software tools, and expert capability-building support gave this global organization the transparency it needed to address weak margins. Performance Vision identified opportunities equivalent to 40 x project investment, leading to a doubling of pocket margins. Periscope maps the DNA of shopper big data Promotion Advisor helped a large regional grocer extract value from its loyalty card and develop shopper-centric strategies. The solution delivered actionable insights into consumer trends and preferences, enabling the company to design localized assortments and targeted marketing and promotional plans to boost its market share. Periscope unlocks substantial value for a multinational bank Performance Vision and Deal Advisor enabled one of the world’s largest banks to generate a 10% increase in EVA and a 5% increase in revenues through optimizing its account planning, the effectiveness of its pricing negotiations, and the productivity of its corporate banking sales network. The solutions merged the bank’s data, identified high-value opportunities, and enabled smart use of pricing as a lever to boost overall value creation. FACTS AND FIGURES +220 employees +100 offices +100 IT developers 60 countries +600 McKinsey 20+ terabytes of experts Fortune100 data KEY PEOPLE BRIAN ELLIOT CHANNIE MIZE PAUL THOMPSON CHRISTIAN KOESTLER CEO of Periscope Sector General Manager, Retail Vice President Client Service, EMEA Head of Marketing & Communications FURTHER INFORMATION If you are a journalist or analyst and you would like more information about Periscope, please contact Periscope Marketing Periscope Press & Analyst Relations Marketing Manager, New Delivery Models Email: [email protected] Tel: +39 346 66 15 908 ASCENDANT COMMUNICATIONS Email: [email protected] Tel: +44 (0) 208 334 8041
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