Configurable solutions that drive Your business forward
Explore our capabilities below, learn how they’re configured to your needs, and put yourself in the driver’s seat with Torqata’s powerful tools that you control with our support.
Select below that best describes you and we’ll show you the most compatible TQA capabilities
Market Intelligence
Get Real-Time Actionable Insights
Can you benchmark your sales against competitors, or is it a blind spot? What about tracking downstream results of price changes and promotions?
With Torqata, we’ll benchmark your sales for you, including pricing, and inventory trends against competitors. Unlike other companies, we’ll create daily, actionable insights that set your business up for long term success.
We created a market intelligence portal for Yokohama employees to compare their sales and pricing against competitors in real time in order to devise sales, pricing and marketing campaigns that beat the market.
Inventory Optimization
Stock the tires that Sell
Balancing inventory with fluctuating demands isn’t easy.
Torqata will automate your stocking strategy so you can serve more customers, reduce days-on-hand and deadstock, and complete more sales on the spot with in-stock inventory. We use real-time data from historic sales, plus local and national trends, to reduce your capital locked up in inventory and ultimately improve your gross margin return on inventory (GMROI).
We delivered custom stocking recommendations for American Tire Depot (120 stores); TO Haas (10 stores): and multiple smaller tire retailers.
Pricing & Program Profitability
Compare, Plan, Measure and Track
The prices you set and the promotions you deploy or participate in directly impact your sales, market share and profitability.
Torqata will benchmark pricing and sell-out from thousands of local, regional, and national retailers and compare them to your company. We’ll then provide tools to help you optimize for profitability and ROI on your pricing, programs and promotions.
We created a profit optimization engine for ATD’s sales representatives, so their retail customers can increase profitability by participating in the most optimal vendor programs for their markets.
Campaign Management
Drive store traffic and increase sales
Old school marketing follows a quantity over quality approach – targeting as many potential customers and hoping for a few hits.
Torqata’s lead generation services will enable you to create campaigns that micro-target nearby, in-market shoppers, leading to a measurable increase in effectiveness and ROI. For manufacturers and distributors, Torqata’s lead generation services have helped affiliated retailers achieve marketing program compliance through more effective deployiment of co-op funds.
Torqata’s Demand Navigator enabled retailers to create campaigns that target nearby customers based on VIN and demographics, leading to a measurable increase in effectiveness and 4x ROI - and they continue to use our services today.
Customer Analytics
Proactively Serve Consumers
Wondering if and when a customer might leave you is one of those age-old questions
Torqata’s predictive models and insights will identify which of your customers are on the verge of leaving. But just as important, our models also identify which specific leads to pursue so you can maximize your value-to-time ratio.
Torqata implemented a two-step machine learning model to predict customer churn and upselling, leading to millions in revenue generated. We identified customers with a high churn risk with 85% accuracy more than three months in advance.
Forecasting
Match Supply To Demand
Forecasting tire sales is already really hard. It’s even more difficult with SKU proliferation, seasonality, and changing consumer needs.
Torqata combines public and proprietary datasets using real-time sell-out and inventory data. We pull this data from Point-of-Sale and Dealer Management systems of thousands of tire retailers and dealers.
No matter where you sit in the supply chain, we’ll augment existing statistical forecasts or build brand-new forecasts so you accurately produce or order the right tires every time.
We partnered with ATD to improve their purchase order forecast for key manufacturers. Higher accuracy of shared purchase forecasts meant less slack in the supply chain for them, which led to cost savings for everyone.
Auto Replenish
Make Ordering Easy
It’s not easy knowing which retailer or distributor has the tire you need.
Torqata provides real-time visibility into the inventory of all our retail partners and distributors. Look up any tire based on Year, Make, Model, VIN, or directly search for what you need. For participating retailers, it means more store traffic from 3rd parties that need just-in-time servicing. For end-consumers, it means faster service and higher satisfaction.
Tire retailers and car dealerships spend countless hours placing orders into distributor and manufacturer portals. How can we free them up to focus on other important decisions?
With Torqata’s auto-replenishment service, tire retailers have the option of using your inventory positions to stock up to a minimum or maximum level from multiple supplier partners. We even determine your optimal stocking levels and use sellout data to replenish tires 1:1 so you always have high demand product, leading to an increase in fill-rates.
We partnered with ATD to improve their purchase order forecast for key manufacturers. Higher accuracy of shared purchase forecasts meant less slack in the supply chain for them, which led to cost savings for everyone.
Roadside Lead Generation
Inventory Visibility and Alerting
Torqata partners with roadside assistance companies to help people with tire related emergencies. Your inventory and assortment is shared when your store is within a 50 mile radius of the geo-location or place of residence of the person in need.
When your store is selected, Torqata will send an alert to your store notifying you that you have a customer with a disables vehicle being towed to your store.
We partnered with Urgently, a roadside assistance company, to allow their tow trucks to take a customer’s car to a retail location that has the correct tire in stock, leading to an increase in customer satisfaction because of the decrease in the time to reach a resolution.
Inventory Visibility (Inventory Access)
Compare Brands, Style, Size, and Quantity on Hand
Torqata partners with retailers, distributors and manufacturers to create inventory visibility and access.
Whether you are looking to connect to a wholesaler’s stock or want to provide real time availability to your electric vehicles, or simply see what is available in your geo-location, Torqata can provide direct connection to inventory on hand.