RETAIL ASSORTMENT & INVENTORY OPTIMIZATION

CHALLENGES IN ASSORTMENT PLANNING

WHICH OF THESE DO YOU RECOGNIZE?

HIGH DATA EXPERTISE REQUIRED TO GAIN USEFUL INSIGHTS FROM DATA

  • LIMITED BI AND/OR DATA EXPERTISE
  • SCARCE DATA TALENT IN THE INDUSTRY
  • UNFULFILLED DESIRE TO LEVERAGE AVAILABLE DATA

THERE IS A LACK OF DATA (USAGE) IN THE RETAIL INDUSTRY

  • DATA INCONSISTENCIES
  • NO DATA DRIVEN MINDSET
  • HUGE (OFFLINE) DATA SETS

RETAILERS HAVE A HUGE EXPOSED INVENTORY RISK

  • REDUNDANT INVENTORY
  • PRODUCTS SOLD AT UNPROFITABLE PRICES
  • DEAD INVENTORY CONSUMING PRECIOUS SPACE AND CAPACITY

WE SOLVE THESE PROBLEMS WITH:

DETERMINING THE OPTIMAL DEPTH AND BREADTH OF AN ASSORTMENT

SIMPLIFYING THE ORDER PROCESS

PROVIDING USEFUL INSIGHTS AND ANALYTICS

DEMAND PREDICTION WITH MACHINE LEARNING

WHO ARE WE?

JAAP VAN LIERE

INNOVATING FASHION AND APPAREL SUPPLY CHAINS

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PETER VERHEIJEN

PROMOTING DATA DRIVEN DECISION MAKING IN RETAIL

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