The fashion and specialty retail industries require IT teams that understand the need for technology that empowers planners to anticipate customer demand.
In this brief video lululemon's director of merchandise planning systems shares how his team enables the company's planning team to accelerate beyond spreadsheets to support rapid international growth.
Three Ways Retail Science Drives Profit and Differentiation
Localize Assortments: based on user-defined consumer decision trees, geography, and customer data
Optimize Productivity: leverage demand transference algorithms to drive inventory turns and gross margin
Anticipate Demand: predict the impact of assortment, price, promotions, and space in shaping customer demand
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