HELPING FASHION RETAIL BECOME DATA DRIVEN

CHALLENGES IN FASHION RETAIL

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 INDUSTRY

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

HUGE EXPOSED INVENTORY RISK

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

THESE PROBLEMS CAN BE SOLVED WITH:

OPTIMAL DEPTH AND BREADTH OF AN ASSORTMENT

SIMPLIFIED ORDER PROCESS

ACTIONABLE 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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