Trusted Experts in Business Analytics. Predictive Assortment Planning March, 2015
|
|
- Katherine Phillips
- 6 years ago
- Views:
Transcription
1 Trusted Experts in Business Analytics Predictive Assortment Planning March, 2015
2 Introductions VP of Advanced Analytics QueBIT Consulting, LLC IBM World Wide Predictive Analytics Lead Retail Director of Merchandising Science Advance Auto Parts Implemented Predictive Assortment Planning at 3 Automotive Parts Retailers (2 US/1 Canada) e: smutchler@quebit.com P:
3 Outstanding Reputation for Analytics ROI Experts in analytics strategy, implementation and training 700+ successful implementations in finance, sales, marketing and operations 350+ analytics customers in all types of industries
4 Repeat Recipients of Excellence Awards IBM Business Analytics Partner Excellence Awards: : Worldwide Overall Business Analytics Business Partner Excellence Award 2012: Business Analytics North America Business Partner Excellence Award 2011: Worldwide Financial Business Analytics Achievement Award 2010: Mid-Market Partner of the Year, and Sales Excellence
5 Agenda Unique Challenge of Automotive Parts Retail High Level Overview of Predictive Assortment Planning Benefits of Predictive Assortment Planning Techniques Organizational Integration
6 Unique Challenge of Automotive Parts Retail Long tail demand with high expectation of part availability and limited space 9,000+ make/model/year combinations at a single store 100 s of part types Commercial, retail and service channels often have competing requirements of assortments Stores [even in close proximity] can have completely different commercial customers and vehicle populations Clustered assortments are easier to manage but are too broad brush resulting in highly inaccurate assortments with high part duplication of low velocity parts (in-market) Store specific assortments result in higher assortment accuracy but require a very high number of assortment decisions 100 stores x 100,000 stockable SKUs = 10 million decisions!
7 High Level Overview of Predictive Assortment Planning Data driven Assortment changes are driven by predictive models trained on your data Models are validated using historical hold-out data Not biased by vendor goals Merchants/vendors have input into what goes into the model Scalable The solution can process [score] billions of records in a few hours Highly accurate Typical [first year] sell-through for predictive models on new inventory is 65-85% (varies by part category) compared to 40-60% standard approaches Space efficient / availability maximizing Maximizes part availability for key categories based on demand elasticity Ensures all the parts required to complete the job are in the assortment Optionally: Maximizes market availability by splitting long-tail demand across stores Low risk Simulate changes before deploying pilot in select stores
8 Benefits All 10-30% increase in assortment accuracy US Retailer 400 bp improvement in inventory turn 7% reduction in inventory levels 11% increase in sales Highest customer satisfaction scores in part availability in company history Scores increased every month 3,000+ hours of merchant time was re-allocated to vendor management, etc.
9 What will sell? - Propensity Modeling Train models to predict which parts will sell in the next 12 months using parts stocked for the past 12 months (and if they sold or not) The data used to evaluate the models is NOT the same as the data used to train the model.
10 How many vehicles will need the part? Using historical sales/lookup data we model part failure rates for each part type/make/vehicle type (e.g. Rotors Ford Truck) Rotors
11 How many vehicles will need the part? 1. Construct a trade area using radius (based on population) 2. Aggregate store/part VIO (using fitment) 3. Weight VIO by lifecycle 800 VIO -> 73 vehicles that will need the part next year at this store
12 Simple rules automate assortment changes X months stocked without sales = REMOVE Propensity to sell > Y% with incremental VIO coverage of Z = ADD ADD SKUs can be constrained to space freed + some % of growth Expected gross revenue for assortment changes = probability of sale * gross margin
13 Completing the job having all the parts We mine millions of transactions to find parts that are required to complete the job (e.g. complete brake jobs, water pumps/timing belts, tune-ups etc.) High lift associations between parts are then forced into new assortments (if having an oil pump screen drives more sales (lifts) pump sales significantly then we add the screen along with the pump) SKU 372 is purchased 534x more often if SKUs 540 and 705 are also stocked.
14 Forward positioning parts based on elasticity Customers will wait longer for certain part categories (in-elastic demand) Forward position (store stock) elastic part categories (e.g. brakes) Re-locate in-elastic part categories (e.g. radiators) to DC or hubs, etc.
15 Organizational integration Modeling process: We work closely with Merchandising to Identify potential sales predictors Validate model outputs (do ADDs/REMOVEs make sense?) Tweak assortment rationalization rules to meet market/company-wide objectives On-going basis: The system will generate company-wide assortment recommendations on a weekly or monthly basis (100% automated) Merchant organization receives reporting that helps them validate any changes Impact reporting at SKU/line/vendor level (add to X stores, removed from Y stores) Inventory management receives impact reporting to understand supply chain impact Impact reporting at SKU/DC level (added to X stores/dcs, removed from Y stores/dcs)
16 Teams/Roles 2 FTEs Modeling lead Preferably an internal FMP analyst that QueBIT will help train/mentor to build/tune/evaluate models Analytical leaning Good communication skills (will work closely with Merchandising, etc.) Data lead Strong knowledge of corporate data Strong SQL skills Reporting skills
Financial Planning & Analysis Solution. A Financial Planning System is one of the core financial analytics applications that an enterprise needs.
Financial Planning & Analysis Solution A Financial Planning System is one of the core financial analytics applications that an enterprise needs. Trusted Experts in Analytics What is Financial Planning
More informationPrice Optimization. Ioana Crisan, SAS Global Retail. Copyright SAS Institute Inc. All rights reserved.
Price Optimization Ioana Crisan, SAS Global Retail Why is pricing still a topic? 1/3 2/3 Price conscious Delighted Set the right pricing strategy for each product life cycle? Create customer-centric assortments
More informationACTIONABLE INSIGHT FOR RETAIL AND CPG PRICING ANALYTICS, CUSTOMER BEHAVIOUR
ACTIONABLE INSIGHT FOR RETAIL AND CPG PRICING ANALYTICS, CUSTOMER BEHAVIOUR Marketing Optimisation Marketing Automation Personalised Experience PLAN BUY MOVE SELL Cross Channel CUSTOMER Retail Customer
More informationMERCHANDISE INTELLIGENCE DAN MITCHELL, RETAIL INDUSTRY GLOBAL PRACTICE
MERCHANDISE INTELLIGENCE DAN MITCHELL, RETAIL INDUSTRY GLOBAL PRACTICE SAS Retail Localization, Personalization.and Relevance Customer Analytics Merchandise Intelligence Customer Intelligence KNOW PLAN,
More informationPower multiple marketplaces via a single platform. We support Amazon and ebay, as well as Tesco, Otto, Cdiscount, Walmart and more.
MARKETPLACES DATA SHEET Third-party marketplaces like Amazon, ebay, Tesco, Cdiscount and Walmart account for a growing portion of global online retail sales. Online retailers of all sizes are recognising
More informationOracle Retail Data Model (ORDM) Overview
Oracle Retail Data Model (ORDM) Overview May, 2014 Content Retail Business Intelligence Key Trends Retail Industry Findings Foundation for Business Information Flows Retail is being Redefined Challengers
More informationLecture Series: Consumer Electronics Supply Chain Management
Lecture Series: Consumer Electronics Supply Chain Management Mohit Juneja i2 Technologies Divakar Rajamani, Ph.D. University of Texas at Dallas Center for Intelligent Supply Networks () 2003 Mohit Juneja
More informationHarnessing the Power of IBM Business Analytics Through Application Specific Licensing
Harnessing the Power of IBM Business Analytics Through Application Specific Licensing David Albert WW ASL Business Development and Technical Manager Business Analytics Business Analytics software Agenda
More informationEPC/RFID in Action at Best Buy
EPC/RFID in Action at Best Buy Paul Freeman RFID Director, Best Buy April 11, 2005 April 15, 2005 1 About Best Buy Best Buy Co., Inc. (NYSE: BBY) Fortune 100 growth company $27 Billion in sales revenue
More informationMARKETPLACES DATA SHEET. How our organization uses ChannelAdvisor: We use marketplaces to expand our footprint and brand awareness.
MARKETPLACES DATA SHEET Third-party marketplaces like Amazon, ebay, Walmart and Jet account for a growing portion of global online retail sales. Online retailers of all sizes are recognizing the profit
More informationPromotion Suite. Reach and engage today s shoppers on their terms, and deliver impactful promotions that build brand, loyalty and margin.
Promotion Suite Reach and engage today s shoppers on their terms, and deliver impactful promotions that build brand, loyalty and margin. Learn to Speak Customer. Technology-enabled and well connected,
More informationThe IBM and Oracle Retail Solution
The IBM and Oracle Retail Solution Today s Discussion The Challenges for China Retailers IBM Oracle Retail Implementations Review IBM and Oracle Engagements Daphne Better Life Sanfu Sinopharm 2 China retailers
More informationRoss Stores, Inc. Investor Overview November 2017
Ross Stores, Inc. Investor Overview Disclosure of Risk Factors Forward-Looking Statements: This presentation contains forward-looking statements regarding expected sales, earnings levels, and other financial
More informationReplenishment and Price Optimization at OTTO. How OTTO increases sales while rising to the challenge of growing customer expectations
Replenishment and Price Optimization at OTTO How OTTO increases sales while rising to the challenge of growing customer expectations 02 How OTTO Improved the Customer Experience by Using Machine Learning
More informationIBM Sterling Order Management drop ship capabilities
IBM Sterling Order Management drop ship capabilities Expand product assortment without increasing inventory costs Overview In this solution overview, you will learn: How to gain visibility into available
More informationC opyr i g ht 2016, SAS Ins titut e Inc. All rights res er ve d. Bienvenue
C opyr i g ht 2016, SAS Ins titut e Inc. All rights res er ve d. Bienvenue Data Analytics in Manufacturing Bert Seegers Head of Manufacturing industry C opyr i g ht 2016, SAS Ins titut e Inc. All rights
More informationELEVATING CONSUMER PROMOTIONS FOR RETAIL
SPOTLIGHT ON: ELEVATING CONSUMER PROMOTIONS FOR RETAIL DEVELOPING BETTER PROMOTIONAL STRATEGIES USING BASKET ANALYTICS INSIDE YOU LL FIND OUT: How excessive use of promotions can hurt retailers Best practices
More informationPlanning Optimized. Building a Sustainable Competitive Advantage WHITE PAPER
Planning Optimized Building a Sustainable Competitive Advantage WHITE PAPER Planning Optimized Building a Sustainable Competitive Advantage Executive Summary Achieving an optimal planning state is a journey
More informationPlanning Merchandise Assortments
Chapter 12 Planning Merchandise Assortments PPT McGraw-Hill/Irwin 12-1 Levy/Weitz: Retailing Management, 5/e Copyright 2004 by The McGraw-Hill Companies, Inc. All rights reserved. The Category A category
More informationProfitics Retail Analytics
Profitics Retail Analytics Profitics Retail Analytics Suite A powerful retail-focused tool kit to optimize merchandise decision-making and streamline workflows Optimize pricing, promotions and markdowns
More informationAn Effective Convergence of Analytics and Geography
An Effective Convergence of Analytics and Geography Gain Competitive Advantage Using Smarter Analytics Tony Boobier BEng CEng FICE FCILA FCIM MICPS Insurance Leader IBM Business Analytics EMEA Agenda 1
More information1226A: ique on IBM BlueMix can increase your TM1 forecast accuracy. Michael Cowie Dallas Crawford QueBIT Consulting, LLC
1226A: ique on IBM BlueMix can increase your TM1 forecast accuracy Michael Cowie Dallas Crawford QueBIT Consulting, LLC Presenting Today Mike Cowie, Director of Strategic Solutions, QueBIT @Michael_D_Cowie
More informationEffective Pricing Using Profitability Insight: A Best Practice Guide
White Paper Effective Pricing Using Profitability Insight: A Best Practice Guide Torsten Weirich Chief Technical Officer, Acorn Systems March 2009 2009 Acorn Systems Introduction The benefits of an effective
More informationrid Computing in he Industrial Sector
rid Computing in he Industrial Sector Marzban Kermani September 2004 1 Agenda Key Messages Industry Trends, Directions and Issues What is on demand computing and how does grid play? How are grids being
More informationIngredients of a Successful Pricing Project in the Food Industry
CUSTOMER BRIEF Ingredients of a Successful Pricing Project in the Food Industry BRF s Search and Deployment of a New Pricing Solution UNLOCK YOUR DATA. UNLEASH YOUR SALES Growth and Complexity Require
More informationImproved Retail Performance through Merchandise Planning Solutions
Improved Retail Performance through Merchandise Planning Solutions 1/16 Web: www.quickbornconsulting.com EXECUTIVE SUMMARY The Demand to meet changing business needs is greater than ever; retailers are
More informationOpen-to-Buy Made Simple
Open-to-Buy Made Simple Running Conference 2006 Presented By : James E. Dion Sponsored by ASICS OTB Myths OTB is only for fashion stores OTB does not work with basics OTB is complex and constraining OTB
More informationCompany Overview. Copyright AIRTEX PRODUCTS, S.A. 2013
Company Overview 1 Agenda Rank group / UCI-FRAM Airtex-ASC Facilities Market Overview Global Supply Chain Europe Why Choose Airtex? Rank group General figures - A private group of companies headquartered
More informationFostering innovation in retail with Google for Work
1 Fostering innovation in retail with Google for Work A study of Chico s FAS, Inc. by Google for Work for Work 2 Executive summary Chico s FAS, Inc. is a specialty retailer of private label women s apparel,
More informationPremium Payback. Rewarding Consumers at the Point of Sale. Cassie Boutelle April 2017
Premium Payback Rewarding Consumers at the Point of Sale Cassie Boutelle April 2017 Loyalty landscape what are we solving for? $60B in rewards liability across all loyalty programs in North America Number
More informationMany retail organizations have begun moving away from traditional profit- and product-focused strategies
AMR Research Custom Executive Summary in Collaboration With JDA Software The Trend Toward Consumer-Centric Merchandising Requires Assortment Management and Space Planning Investments September 2009 by
More informationArrest Margin Erosion by Optimizing the
Arrest Margin Erosion by Optimizing the Five Ps of Fashion Retailing Savvy retailers know that one of the key success factors is management and maximization of margin. Top-line sales get the cash registers
More informationRetail Portfolio Management: Opportunity Prioritization and Approach
!! retail Omnichannel consulting Pricing and industry Approaches thought! 1 leadership Retail Portfolio Management: Opportunity Prioritization and Approach! Retail Portfolio Management! 2 Portfolio Management
More informationInfoSphere Warehouse. Flexible. Reliable. Simple. IBM Software Group
IBM Software Group Flexible Reliable InfoSphere Warehouse Simple Ser Yean Tan Regional Technical Sales Manager Information Management Software IBM Software Group ASEAN 2007 IBM Corporation Business Intelligence
More informationDirector of Enterprise Information Management BENEFITS CASE STUDY GLOBAL COMMUNICATIONS LEADER DATA QUALITY PROGRAM CUSTOMER PROFILE.
CUSTOMER PROFILE Industry: Employees: > 50,000 Revenue: Strategy: High Technology/ Telecommunications > US$29 Billion Create a corporatewide standard for managing data quality, including information management
More informationSocial Advertising: The New Frontier for SMB Ad Campaigns
Social Advertising: The New Frontier for SMB Ad Campaigns March 30, 2016 Abid Chaudhry Sr. Director, Industry Strategy & Insight BIA/Kelsey @abidc Steve Hibberd CEO & Co-Founder Tiger Pistol @sjh0811 Background
More informationGlobal Enterprise Model (GEM) for Utilities
Business Process Outsourcing the way we do it Global Enterprise Model (GEM) for Utilities Transforming business processes to drive greater efficiencies, reduce operational costs and improve the customer
More informationAmgen Supply Chain Segmentation The Journey to October 23, 2014
Amgen Supply Chain Segmentation The Journey to 2022 October 23, 2014 Introduction Rayne Waller VP Global Supply Chain at Amgen Responsible for: Corporate and Regional Supply Chain Functions Contract Manufacturing
More informationPredictive. Prescriptive. Profitable Retailing.
Predictive. Prescriptive. Profitable Retailing. Today s shoppers have infinite purchasing options. What they want is a compelling, inspiring experience as they:... Price check, compare products, and shop
More informationINFOSYS PROCUREMENT AND PLANNING PRACTICE
INFOSYS PROCUREMENT AND PLANNING PRACTICE Need for best-of-breed and procurement solutions in today s era In today s cut-throat competition, organizations are increasingly realizing the relevance of lean
More informationZOOM Business Simulation
ZOOM Business Simulation Student Manual Learning is experience, everything else is just information. Albert Einstein Sometimes textbooks are not enough. This simulation is designed to help students learn
More informationSelling Through Retail in the Age of the Digital Consumer
Selling Through Retail in the Age of the Digital Consumer Keith Henry VP, Global Industry for Manufacturing keith.henry@teradata.com Discussion Topics for this Presentation The CPG World Today > Massive
More informationRevionics Space Suite enables retailers to right-size their store space and unlock each store s unique revenue and profit potential with:
Space Suite Right-size your store space, identify assortment opportunities and unlock each channel s and each store s unique revenue and profit potential. Maximize Space and Assortment with Every Input
More informationOperational Success = Audits, Metrics And Right Technology
Operational Success = Audits, Metrics And Right Technology Sponsored by: Presented by: Chris Arnold Intelligrated, Vice President Solutions Development Rod Gallaway Staples, VP Logistics Strategy, Design,
More information3/10/2016. Sales Metrics Are your measurements driving the right behavior? Joel Galassini
Sales Metrics Are your measurements driving the right behavior? Joel Galassini 1 The Goal of Business Key assumption for this presentation: The number one goal for our operations is to maximize profit.
More informationGame Changers Driving Wholesale Efficiency & Inventory Velocity
Game Changers Driving Wholesale Efficiency & Inventory Velocity Susie Heins VP, Enterprise Dealer Partnerships Cox Automotive Atlanta, GA 404-568-4278 susie.heins@coxautoinc.com 2 The views and opinions
More informationCompany Overview THE LEADER IN CLOUD-BASED GLOBAL TRADE MANAGEMENT
Company Overview THE LEADER IN CLOUD-BASED GLOBAL TRADE MANAGEMENT Global Trade is Fast The world of global trade is fast-paced, ever-changing, always evolving. In order to keep pace, your supply chain
More informationChapter 2--Product Costing: Manufacturing Processes, Cost Terminology, and Cost Flows
Chapter 2--Product Costing: Manufacturing Processes, Cost Terminology, and Cost Flows Student: 1. Which of the following types of organizations is most likely to have a raw materials inventory account?
More informationVendor Managed Inventory Solutions for the Grocery Industry
Vendor Managed Inventory Solutions for the Grocery Industry 3160 Pinebrook l Park City, UT 84098 l 435.645.2000 www.parkcitygroup.com Contents Overview... 3 The Issue... 6 The Opportunity... 4 The Solution
More informationCase Study. Delhaize America Charts Path to Shopper-Centric Pricing with Revionics Life Cycle Price Optimization
Delhaize America Charts Path to Shopper-Centric Pricing with Revionics Life Cycle Price Optimization Delhaize America Company Snapshot Brands Include Delhaize America Charts Path to Shopper-Centric Pricing
More informationbest practices in promotion planning and execution Work Smarter and Improve Performance
best practices in promotion planning and execution Work Smarter and Improve Performance table of contents Where Are Retail Promotions Headed? 2 better tools can help 4 Impact across retail departments
More informationDYNAMIC FULFILLMENT (DF) The Answer To Omni-channel Retailing s Fulfillment Challenges. Who s This For?
DYNAMIC FULFILLMENT (DF) The Answer To Omni-channel Retailing s Fulfillment Challenges Who s This For? This publication will be of greatest value to retailers in need of a highly efficient and flexible
More informationForward Looking Statements
Presentation 1 Forward Looking Statements The Company claims the protection of the safe-harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. The Company
More informationDeciphering the Customer s Buying Journey
Deciphering the Customer s Buying Journey Customer Insights Driven Store Retailing Research Partner Introduction Retailers must focus their store transformation efforts on strengthening operational and
More informationbonprix sets prices with AI-based price optimization How Blue Yonder used AI to help the fashion retailer improve its bottom line in Russia
bonprix sets prices with AI-based price optimization How Blue Yonder used AI to help the fashion retailer improve its bottom line in Russia 02 Using artificial intelligence (AI) to boost sales Optimization
More informationMicrosoft Dynamics ERP. Success for your business. Success for you.
Microsoft Dynamics ERP Success for your business. Success for you. Achieve success on your terms Today s organizations compete in an environment dramatically shaped by current economic conditions as well
More informationIBM Retail Business Intelligence Solutions. Retail RBIS/Cognos Solutions Overview
IBM Retail Business Intelligence Solutions Retail RBIS/Cognos Solutions Overview Agenda Information Management Approach Overview of RBIS and Cognos Case Study Value Proposition Becoming customer focused
More informationmysap SUPPLIER RELATIONSHIP MANAGEMENT AT A GLANCE
mysap SRM mysap SUPPLIER RELATIONSHIP MANAGEMENT AT A GLANCE THE BUSINESS CHALLENGE Bottom-line results are the focus of every company competing in today s tough economy. To improve the bottom line, you
More informationLean Distribution. Mark Kushner, COO Lloyed Lobo, Director Business Development
Lean Distribution Mark Kushner, COO Lloyed Lobo, Director Business Development Agenda Brief Company Overview What is Lean? Lean in the Extended Supply Chain Benefits of Lean Distribution Can Lean Help
More informationSupply Chain Management Overview February Richard Motilal
Supply Chain Management Overview February 2018 Richard Motilal Agenda Introduction Supply Chain is Transformative End-to-end Supply Chain Supply Chain Elements Keys to Success Optimization Initiatives
More informationNCOVER. ROI Analysis for. Using NCover. NCover P.O. Box 9298 Greenville, SC T F
NCOVER ROI Analysis for Test Coverage Using NCover NCover P.O. Box 9298 Greenville, SC 29601 T 864.990.3717 F 864.341.8312 conversation@ncover.com www.ncover.com Table of Contents Executive Summary 2 Cost
More informationThe DNA of Source-to-Pay: Cracking the Code on a Business Case for Procurement Transformation
The DNA of Source-to-Pay: Cracking the Code on a Business Case for Procurement Transformation Agenda About Zycus Building the Business Case: Source-to-Pay Value Levers Establishing Baseline and Target
More informationBest of Breed Automation September 2014
www.pwc.com Best of Breed Automation September 2014 Tom Torlone Managing Director, US Leader Shared Services and Outsourcing Advisory Tom is a Managing Director at and is the U.S. Leader of the firm s
More informationSpeed up service. fueled by challenge. powering success. sm
Speed up service To boost retention. fueled by challenge. powering success. sm Express results you can measure. Up to 70% of customers don t return to their dealership for service after their warranty
More informationWhy Fishbowl Manufacturing and Fishbowl Warehouse Are #1 Among QuickBooks Users
Why Fishbowl Manufacturing and Fishbowl Warehouse Are #1 Among QuickBooks Users Fishbowl is the most popular manufacturing and warehouse management software for QuickBooks users. Fishbowl Manufacturing
More informationWhite Paper. Inventory Optimization For Better Supply Chain Management
Inventory Optimization For Better Supply Chain Management Content 1. Introduction... 3 2. What is inventory?... 3 3. Steps to inventory optimization... 5 4. Ensuring inventory forecasting success... 7
More informationTHE STRATEGIC IMPORTANCE OF OLAP AND MULTIDIMENSIONAL ANALYSIS A COGNOS WHITE PAPER
THE STRATEGIC IMPORTANCE OF OLAP AND A COGNOS WHITE PAPER While every attempt has been made to ensure that the information in this document is accurate and complete, some typographical errors or technical
More informationWhat Drives Managerial Use of Marketing vs. Financial Metrics and Does it Impact Performance?
What Drives Managerial Use of Marketing vs. Financial Metrics and Does it Impact Performance? An Industry Study hosted by The Paul Merage School of Business University of California, Irvine Researchers:
More informationENCODING, PRINTING & VALIDATING RFID TAGS WITH PORTALTRACK
ENCODING, PRINTING & VALIDATING RFID TAGS WITH PORTALTRACK Maximizing Your RFID Investment with PortalTrack from MSM Solutions MSM Solutions PortalTrack gives you the freedom to tailor your RFID and Barcode
More informationWeek 1 Unit 4: Defining Project Success Criteria
Week 1 Unit 4: Defining Project Success Criteria Business and data science project success criteria: reminder Business success criteria Describe the criteria for a successful or useful outcome to the project
More informationFinancial Accounting. John J. Wild. Sixth Edition. Copyright 2013 by The McGraw-Hill Companies, Inc. All rights reserved.
Financial Accounting John J. Wild Sixth Edition McGraw-Hill/Irwin Copyright 2013 by The McGraw-Hill Companies, Inc. All rights reserved. Chapter 04 Reporting and Analyzing Merchandising Operations Conceptual
More informationVMI vs. Order Based Fulfillment
VMI vs. Order Based Fulfillment By Vicky W. Shen MLOG 2005 Introduction This executive summary is for the Thesis VMI vs. Order Based Fulfillment. The thesis addresses the inventory fulfillment process
More informationSynergies between Risk Modeling and Customer Analytics
Synergies between Risk Modeling and Customer Analytics EY SAS Forum, Stockholm 18 September 2014 Lena Mörk and Ramona Klein Agenda 1 2 Introduction Modeling in the financial sector 3 4 5 Consequences from
More informationFIS Wealth Solutions. Luke McCabe, EVP, FIS Simon Algar, Principal, wealth-reports April 11, 2017
FIS Wealth Solutions Luke McCabe, EVP, FIS Simon Algar, Principal, wealth-reports April 11, 2017 Today s Discussion Overview: FIS Wealth Solutions Industry view: Optimizing your operating model Looking
More informationCUSTOMER-CENTRIC MERCHANDISING. Customer-centric merchandising a pipe dream or imminent reality?
CUSTOMER-CENTRIC MERCHANDISING Customer-centric merchandising a pipe dream or imminent reality? page 1 The next great evolution in retailing The customer is always right went the old retail slogan, but
More informationDriving Business Performance
Workforce Scheduling Driving Business Performance How Workforce Scheduling Optimization Aligns the Workforce with Business Demands for Customer Satisfaction and Success While many factors affect an organization
More informationThis document is intended educate you on the additional products as well as help you understand how these products can help your business.
RQ4 Integrated Solutions In addition to RQ4, iqmetrix is proud to offer you a variety of products that maximize your business potential. Coupled with RQ4, Integrated Solutions allow users to maximize information,
More informationUnlocking the Potential of the Automotive OEM Service Parts Market
Unlocking the Potential of the Automotive OEM Service Parts Market Abstract In 2001, GM's $9 billion in profits from aftermarket service parts sales exceeded the profits associated with $150 billion of
More informationStanley Black & Decker
Stanley Black & Decker 2013 Investor Day Stanley Fulfillment System Steve Stafstrom Vice President, Operations CDIY & Emerging Markets SFS A Customer First Approach SFS The Stanley Fulfillment System (SFS)
More informationLinking Forecasting with Operations and Finance. Bill Tonetti November 15, 2017 IIF Foresight Practitioner Conference
Linking Forecasting with Operations and Finance Bill Tonetti November 15, 2017 IIF Foresight Practitioner Conference About the Speaker Bill Tonetti Founding Member, Foresight Practitioner Advisory Board
More informationInventory Planning & Optimization: Extending The Enterprise through the Supply Chain
Inventory Planning & Optimization: Extending The Enterprise through the Supply Chain by Steve Lewin, Sourcetrix Corporation Executive Summary A good way to introduce Inventory Planning and Optimization
More informationChapter Nine: Merchandise Buying and Handling
Chapter Nine: Merchandise Buying and Handling Different is what sells. Our customers want to go into a place of business that's different. They want to shop at stores that stock diverse merchandise and
More informationWinning through More Insightful, Better Executed Promotions
Re-Engineering Trade Promotions from a Cost of Doing Business to an Investment in Profitable Growth Promotion Optimization Institute, LLC Winning through More Insightful, Better Executed Promotions Introduction...3
More informationS U P P L Y C H A I N S O L U T I O N S F O R T H E
i collaboration S U P P L Y C H A I N S O L U T I O N S F O R T H E A U T O M O T I V E I N D U S T R Y information The rules are changing again. If you ve ever had a major delivery rejected for lack of
More informationWilliam Blair 28 th Annual Growth Stock Conference
William Blair 28 th Annual Growth Stock Conference June 18, 2008 Page 1 Participants Greg Henslee Chief Executive Officer and Co-President Tom McFall Chief Financial Officer and Executive Vice President
More informationSAP Industry Accelerators a Deeper look
SAP Industry Accelerators a Deeper look Jayne Landry, Global VP Product Management, SAP Leonardo Analytics PUBLIC Agenda What Are SAP Leonardo Industry Accelerators? Solution Portfolio and Road Map Demo:
More informationLenovo Services for the Data Center
Lenovo Services for the Data Center September 28, 2016 Mission Our mission is to be your trusted partner in the data center. #1 Thousands of customers trust Lenovo Services to run their businesses and
More informationSales and Profits: How Godiva uses retail sales and inventory information. Edyie Seibert Sr. Account Executive, Dillard s
Collaboration for Increased Sales and Profits: How Godiva uses retail sales and inventory information Edyie Seibert Sr. Account Executive, Dillard s Dillard s Merchandise Strategy Identify and grow brands
More informationOmnichannel Inventory Optimization: Where Are My Products?
Going Glocal Executive Summary 1 retail consulting and industry thought leadership Omnichannel Inventory Optimization: Where Are My Products? Where Are My Products? 2 Macy s best customers are those who
More informationHow Multi-Echelon Networks Drive Improved Inventory Turns and Reduce Working Capital
Welcome to Session 210 How Multi-Echelon Networks Drive Improved Inventory Turns and Reduce Working Capital Presented by: Sponsored by: Jim Barnes Sr. Managing Partner 2012 Material Handling Industry.
More informationAdvance Analytic Game Changer in FSI Industry. Greg Wong, Director Analytics Centre of Excellence BI & PA
Advance Analytic Game Changer in FSI Industry Greg Wong, Director Analytics Centre of Excellence BI & PA How mbank used SAP Advance Analytics to drive their business? mbank: Delivering a Personalized Banking
More informationSupply Chain Best Practices Consortium
Supply Chain Best Practices Consortium Demand Planning Software Tools Executive Seminar Supply Chain Leadership Forum Track A, Session 6 September 12, 2007 1 Session Scope Because of the recent introduction
More informationCombine attribution with data onboarding to bridge the digital marketing divide
Combine attribution with data onboarding to bridge the digital marketing divide Understand how online marketing impacts offline sales Google Inc. 360suite-info@google.com g.co/360suite 1 Digital marketing
More informationImpact of Sales Constraints and Entry on E85 Demand
CARD Policy Brief 13-PB 12 August 2013 Impact of Sales Constraints and Entry on E85 Demand by Bruce A. Babcock and Sebastien Pouliot Bruce Babcock holds the Cargill Chair in Energy Economics and Sebastien
More informationFundamentals of Retail E-learning Suite
Fundamentals of Retail E-learning Suite Background RST66 Whether sales, marketing, consulting, development or implementation, the vendors whose people know their customer s industry achieve better results
More informationCan demand planning unlock new profit potential for distributors?
Infor SCM Can demand planning unlock new profit potential for distributors? How better forecasting and inventory planning can improve the bottom line Table of contents Executive summary... 3 Distribution
More informationShaping demands to achieve corporate financial objectives
Shaping demands to achieve corporate financial objectives Patrick Williams Oracle Corporation Srini Subramanian Inspirage, LLC OAUG Collaborate, 08. Denver Agenda This presentation is intended to review
More informationIndustry Retail. White Paper. White Paper Get closer to customer with next generation planogram
Industry Retail White Paper White Paper Introduction Today s consumer goods market is flooded with products has given choices to consumer than ever before. And growing customer s exposure to highly fragmented
More informationFootwear. SAP Business One. Apparel & Footwear
Footwear SAP Business One Apparel & Footwear Introduction SAP Business One for the Footwear Industry. Integrate and automate critical business processes with Apparel & Footwear for SAP Business One Due
More informationRequired If the Bath Department is dropped, what will be the effect on the operating income of the company as a whole?
In Class #12.1 Dropping or Retaining a Segment Required If the Bath Department is dropped, what will be the effect on the operating income of the company as a whole? Contribution margin lost if the Bath
More information