Since Tan’s appointment, the company has invested heavily in the development of its tech team in order to bolster efforts to develop new solutions from machine learning and data science techniques to merchandising and product imagery.
The company is working with fabric, Inc. to leverage omnichannel order management and inventory systems that will power all forms of commerce across the company, including ship-to-store, same-day-delivery, social commerce, and the company's Virtual Stylist program.
Getting inventory to the right location at the right time has become infinitely more challenging in today’s climate, making the ability to adequately predict and plan for demand vitally important to ongoing success.
Value chain-optimized decisions can increase sales and profitability by 100-200 basis points (bps) and decrease costs by 30%. This paper discusses the key components of deploying scalable AI in retail with a composable, platform approach.
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