Infor, a leading provider of beautiful business applications specialized by industry and built for the cloud, today announced the acquisition of predictix, a groundbreaking provider of cloudnative, predictive, and machinelearning solutions for retailers. About jda assortment planning finding the right brands, colors, styles and sizes in stock should be about more than just good luck and timing. Dotactivs assortment planning software works from an sql data platform and is integrated with shelf and floor planning software. Assortment planning category management built specifically for the needs of fashion, grocery and specialty retailers to reflect the unique attributes and processes for each type of business, benefitting retailers with advanced analytics for localizing and optimizing company, cluster, market, andor storespecific assortments. Range planner assortment planning software combines sales and market data, with consumer shopper behaviour to optimise the range of products and space required on shelf.
Predictix announces partnership with infor for retail. The implementation allows more accurate replenishment, forecasting and planning decisions across its channels, stated christopher mangham, cio, m. The predictix software will be essential for supporting carhartts business transformation, says jeff gragg, cio of carhartt. Island pacific smartplanning is extremely versatile retail planning software. Jan 29, 2020 predictix solutions for merchandise planning, assortment and category management, demand forecasting, price optimization and supply chain optimization are changing the way the worlds leading. Infused with the latest innovations in data science, this powerful demand planning platform provides retailers with a modern and sophisticated approach to demand forecasting, merchandise financial planning, lifecycle pricing, assortment planning, replenishment optimization, and more. Cogniras team of implementation consultants have deep and broad experience working with top retailers across a wide variety of verticals to achieve measurable benefits from retail planning, supply chain and other analytic software solutions. It has also resulted in tens of millions of dollars in inventory carrying costs and labor. Predictix software was built native to the cloud, harnessing its elastic supercomputer capabilities to solve complex problems on a massive scale and to deliver business benefits beyond those achievable from the cloud as a deployment model. Greg also managed the team that built the oracle retail planning and analytics platform. Assortment planning category management built specifically for the. As russias largest consumer electronics retailer and the 12th fastest growing global retailer, m.
The user can honor the buyers intent at the cluster level to re index locations based on performance inputs. Video runs 316 brand name stores in 140 russian cities and operates 50. Predictix solutions for merchandise planning, assortment and category management, demand forecasting, price optimization and supply chain optimization are. Jun 28, 2016 predictix solutions for merchandise planning, assortment and category management, demand forecasting, price optimization and supply chain optimization are changing the way the worlds leading. Predictix shows promise with a software asaservice merchandise planning suite gartner industry research note g00168214, hung lehong, mim burt, 10 june 2009, r3116 06302010 predictix has launched a merchandise planning suite aimed at large retailers that is delivered as software asaservice saas. Powered by machine learning, infor demand management brings precision to every point of the supply chain with ai that can sense. Most assortment plans are done in advance of the store location allocation.
Add predictix assortment planning from the gallery. New yorkbased infor, one of the worlds largest suppliers of enterprise resource planning, or erp, software that helps fashion, retail. Deciding exactly what products to sell in what stores in what time frames is a challenging task for its large team of merchants and planners. Infor today announced the acquisition of predictix, a provider of cloudnative, predictive, and machinelearning solutions for retailers. In addition predictix offers solutions for forecasting and supply chain optimization through the predictix application. In the apparel and fashion sector, these challenges are also more complicated, because of limited time windows. Powered by sciencebased insights and advanced analytics, our solution accurately predicts demand for new and shortlifecycle items, considers store clusters across product categories and attributes, optimizes the number of assortment options, and. What it means assortment planning is the ways and means of tailoring merchandise to meet customer demand, often at the storelevel. Carhartt implements planning and forecasting applications. The initial rollout will include financial planning, merchandise planning, demand planning and assortment planning modules. Top 5 retail assortment management software5 100% 2 ratings the assortment planning process is a very integral aspect for retailers. Infor will buy retaildemand software firm predictix.
Prior to cognira, hatem cofounded predictix currently infor. Infor and predictix sit at the intersection of cloud, analytics, and selfservice and this partnership. At predictix, we help tier one retailers and brands make better merchandising decisions with our software asaservice suite for planning, allocation, assortment and space optimization, pricing, promotions, forecasting, and replenishment, establishes molham aref, ceo, predictix. Predictix uses nextgeneration data science and big data analytics to help solve some of the most complex and challenging problems faced by. It is a one of a kind category assessment and assortment planning application, as well as a powerful space recommendation tool. This is a corporate initiative with strong momentum, and predictixs cloud software with selflearning algorithms that can recognize patterns from vast amounts of data will help in terms of demand forecasting, merchandize financial planning, assortment and category planning, network flow optimization, and allocation and markdown optimization. Jan 18, 2016 the predictix software plays an important part in the cloudsuite retail management solution infor is currently developing in close collaboration with upmarket us grocery chain whole foods market. Maximize the return on investment from your software investment.
To set up the integration of predictix assortment planning into azure ad, you need to add predictix assortment planning from the gallery to your list of managed saas apps. Even as ideas are being formed and fashion trends emerge, merchants need to begin by understanding customers and measuring demand. Predictix closes out 2014 with new global client wins for. Assortment planning retail best practices ris news. Island pacific smartplanning is a sophisticated, intuitive and integrated support tool that helps with merchandising across all channels, from planning right through to assortment, allocation, and replenishment of stock.
The assortment planning process begins with a concept. Predictix solutions for merchandise planning, assortment and category management, demand forecasting, price optimization and supply chain optimization are changing the way the worlds leading retailers do business. Predictix fashion assortment planning allows the user to choose how to honor the store level assortment plan at the time of allocation. Retail solutions including assortment planning, forecasting, assortment management, replenishment and logisitcs client consulting with teir1 retailers regarding the integration of predictix. To set up the integration of predictix assortment planning into azure ad, you need to add predictix assortment planning from the gallery to your list of managed. Predictix applications harness big data and advanced analytics to solve the toughest problems in merchandise planning, assortment, category management, forecasting, pricing, and supply chain optimization. Infor, a provider of cloudbased, industryspecialized business applications, today announced its acquisition of predictix, a supplier of predictive solutions to retailers. Enterprise single signon azure active directory supports rich enterpriseclass single signon with predictix assortment planning out of the box. Project manager and business consultant for installing an account planning system for the wholesale division using predictix software for a major apparel fashion company.
Oracle enterprise resource planning cloud is a cloudbased software application suite. Predictix is the foremost provider of cloudnative, predictive and prescriptive analytics solutions for retail. Assortment planning is not an exact science, and while there are software programs that can aid the process, many buyers rely on intuition. Prior to that, he cofounded logicblox a database platform for predictix and infor. Infor continues push into retail market with predictix cloud. Infor acquires predictix on 20160628 for an undisclosed amount. Infor demand management demand forecasting software for. Enterprise single signon azure active directory supports rich enterpriseclass single signon with predictix assortment planning. Retailers must make a choice such as on how to determine the appropriate assortment at stores and allocate the inventory in their warehouses, who, how, when and where to sell the stock. Video first selected the software asaservice saas offerings of predictix and begun implementation to improve the companys planning and forecasting processes in 2009.
Assortment planning is based on qualitative and quantitative data that together contribute to how products are purchased by retail buyers and how space is used to sell inventory. Jan 20, 2016 predictix is a company that shares our belief that modern technology can power a generational shift in retail software, and has delivered true innovation to merchandising and assortment management, said duncan angove, president of infor. In addition predictix offers solutions for forecasting and supply chain optimization through the predictix. These decisions affect both retailers and manufacturers supplying them. Predictix has a number of retail decision support offerings. Assortment planning involves the amount of merchandise choice available and retail analytics will help you determine what merchandise variety and assortment will lead to the most sales. Whole foods already uses predictix for forecasting, planning and optimization, the results of which will feed into the core merchandizing solution. Retailers, wholesalers and brands make better forecasting, planning, assortment, pricing, and replenishment decisions with the predictix merchandising software suite. Infor will buy retaildemand software firm predictix wsj. We work with many of the worlds leading retailers to solve their most challenging problems in forecasting and. Now is the time for multichannel retailers to invest in assortment management applications that drive customercentric assortments. This is a corporate initiative with strong momentum, and predictix s cloud software with selflearning algorithms that can recognize patterns from vast amounts of data will help in terms of demand forecasting, merchandize financial planning, assortment and category planning, network flow optimization, and allocation and markdown optimization. Predictix applications harness cloudnative technology, big data, and the latest retail science to solve the toughest problems in forecasting, assortment planning, merchandising and.
Hassene benammou senior software engineer infor linkedin. Software engineer predictix july 20 present 6 years 4 months. Closingclosed, infor buys predictix enterprise times. Predictix helps retailers make better merchandising, planning and supply chain decisions and achieve significantly better business results using predictive analytics and the power of the cloud with its flexibility, affordability, speed, scale and unlimited computing power. Jan 18, 2016 predictix solutions for merchandise planning, assortment and category management, demand forecasting, price optimization and supply chain optimization are changing the way the worlds leading. Top 5 retail assortment management software in 2020. The firm leverages planning tools that enables the retailers for assortment planning, merchandize financial planning and item planning. Magic quadrant for merchandise assortment management. Planning localised assortments is highly dependent on effective software because of the highly dataintensive nature of category management. Assortment planning software will support you in making key assortment and assortment related decisions, such as. Our clients get started quickly and see value early, thanks to our cloudbased solutions and our agile approach to delivery. Prior to predictix, hatem held several roles at retek currently oracle retail his last role was the director of the retek labs. Predictix closes out 2014 with new global client wins for its.
Predictix applications harness big data and advanced analytics to solve the toughest problems in merchandise planning, assortment, category management. The buyers plan is to integrate predictix s data science and big data analytics capabilities into its cloudsuite retail offering. In the azure portal, in the left pane, select azure active directory. Davin hightower project manager, consultant predictix. Prior to cognira, greg led teams at cisco in the development of network security appliances and cloud services. Predictix shows promise with a software asaservice merchandise planning suite gartner industry research note g00168214, hung lehong, mim burt, 10 june 2009, r3116 06302010 predictix has launched a merchandise planning suite aimed at large retailers that is delivered as software asa. In the list of applications, select predictix assortment planning. Lou ann villasor new york, new york professional profile. Video puts planning in the cloud retail technology. Highly scalable predictive assortment planning quebit.
Infor acquires predictix united states june 28, 2016, 08. Retailers, wholesalers and brands make better forecasting, planning, assortment, pricing, and replenishment decisions with the predictix. The search for customercentric assortment capabilities for tier 1 multichannel retail merchandisers continues as more vendors enter the market. Assortment plans both identify the types of products, including range of styles, colors and sizes, that align with customer preferences and seasonal needs, and offer stepbystep processes to bring indemand merchandise onto the shelves in the right stores in the.
As a result, they can better produce tailored assortment plans that reflect the right product and location combinations. With jda assortment planning, powered by arthur, your merchants can visualize your products the way that consumers shop. Omnichannel retailers and fashion brands need sales forecasting software that empowers quick response to supply chain disruptions with fast, datadriven decisions. The market for retail assortment management applications ramas is composed of multichannel retail companies that is, retailers with stores as well as online and mobile channels seeking assortment management applications that address businesscritical merchandising business processes. Requires an existing predictix assortment planning subscription. Finding the right brands, colors, styles and sizes in stock should be about more than just good luck and timing. Powered by machine learning, demand management brings precision to every point of the supply chain with a. Infor provides enterprise software and services worldwide. We help retailers make significantly better business decisions, with saas, cloudbased forecasting, planning, assortment, pricing, and replenishment solutions. The acquisition comes six months after infor announced an investment in predictix. Predictix assortment planning supports spinitiated sso. How retail analytics can improve assortment planning. In the azure portal, select enterprise applications, select all applications, and then select predictix assortment planning.
Jan, 2015 predictix applications harness cloudnative technology, big data, and the latest retail science to solve the toughest problems in forecasting, assortment planning, merchandising and supply chain. Predictix will become part of infor cloudsuite retail, a new modern suite of enterprise applications delivered in the cloud and designed for todays retailing landscape. Combining predictix merchandising, pricing, and assortment planning with infors multienterprise erp, hcm, supply chain, plm, ecommerce, science, and digital asset management solutions, the combination of technology delivers the most modern and robust solution to deal with the retail industrys scale and complexity. Company predictix news, employees and funding information. Retail planning software island pacific smartplanning. Select add user, and then select users and groups in the add assignment dialog box. Assortment planning is about making the right product picks and ordering the right quantities to match market demand. They combine pure creativity and careful analysis to create concepts and styles that satisfy customer demand, financial goals, and dozens of other requirements.