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Retail: Product Assortment and Merchandising
 
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APT CEO Anthony Bruce discusses strategies for improving product assortment and merchandising. Learn more here: http://www.predictivetechnologies.com/industries/retail/product-assortments-merchandising.aspx
Views: 16560 APTAnalytics
Commerce Anywhere: Making The Right Assortment Decisions (Category Management)
 
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Retailers face an increasingly competitive landscape as retail formats, including mass merchants, pharmacy, discount stores, grocers and online retailers, carry more and more items to meet an increasingly demanding and complex customer. Assortment is one of the biggest factors a customer considers when deciding where to shop. Learn more about how Oracle Retail can support you: https://www.oracle.com/industries/retail/products/category-management/index.html
Views: 7796 Oracle Retail
An Introduction to Assortment Optimization
 
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Watch to learn how you can leverage predictive analytics in a simple interface to optimize product assortment in your stores.
Views: 3800 Celect
Optimizing Store Assortments with Predictive Analytics
 
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Learn how predictive analytics can simplify the complexity of inventory and product assortment optimization in your stores. The webcast includes a live demo of the Celect Assortment Optimization solution that will show you how to: - Optimize the assortment across your stores with confidence - Know which brands, vendors, or styles will do well based on localized demand - Consider realistic business constraints during the assortment optimization process --- For upcoming live webcasts: https://www.celect.com/events
Views: 1042 Celect
The Product Mix
 
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Subscribe to Alanis Business Academy on YouTube for updates on the latest videos: https://www.youtube.com/alanisbusinessacademy?sub_confirmation=1 The product mix represents the collection of different products that a business offers its customers. With an understanding of the product mix, businesses can develop a strategy to reach their customers by offering the right collections of goods and services. Learn more about the product mix in the latest lecture from Alanis Business Academy. In addition to learning general information about the product mix, you'll also learn how some of the strategy behind widening and narrowing a product mix.
IRI Assortment Optimization for Retailers.
 
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Improve your category performance through product attractiveness. This unique solution assesses the true value of each SKU, enabling retailers to identify opportunities immediately and plan quickly and accurately to ensure the optimum assortment for each category. To learn more view our video.
Views: 5214 IRI
Merchandising mix, assortments and vocabulary
 
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Project Name: Development of e-Content for fashion design and technology Project Investigator: Prof. Russel Timothy Module Name: Merchandising mix, assortments and vocabulary
Views: 2297 Vidya-mitra
Digital Assortment Solution
 
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Getting the right product to the right place at the right time at the right price has never been so complicated. To keep up with this rate of change, merchandising organizations must identify the right strategies, processes, operating models, and tools to compete successfully or risk rapid decline. See how Deloitte and Anaplan can help: https://deloi.tt/2rNNBE4.
Views: 958 Deloitte US
The Product Mix | Hindi | Marketing topics
 
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Let's Make Your Business Digital With Lapaas. Join Our Most Advanced Digital Marketing Course. That will cover 23 Modules of Business And Digital Marketing like SEO, SEM, Email Marketing, Social Media Marketing, Affiliate Marketing , Digital Identity Creation, blogging, advanced analytics, blogging, video production, Photoshop, business Knowhow, etc To Know More Call +919540065704 or Visit https://lapaas.com/ Lapaas - Best Digital Marketing Institute 455 Shahbad Daulatpur, Delhi-110042 Nearest Metro Station Samaypur Badli Or Rithala Share, Support, Subscribe!!! Youtube: https://www.youtube.com/IntellectualIndies Twitter: https://twitter.com/Intellectualins Facebook: https://www.facebook.com/IntellectualIndies Facebook Myself: https://www.facebook.com/princesahilkhanna Instagram: https://www.instagram.com/intellectualindies/ Website: sahilkhanna.in About : Intellectual Indies is a YouTube Channel, Intellectual Indies is all about improving Mentally, Emotionally, Psychologically, Spiritually & Physically. #Marketing #Marketing101 #GrowBusiness
Views: 51955 Intellectual Indies
Competitive price intelligence tool for retailers
 
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Real-time view of competitors product, price and assortment for pricing intelligence. See more : http://www.vnpglobal.com or contact [email protected] You can turn competitive insights into big opportunities and increase your revenue. Assortment Intelligence : Analyze the competitive landscape by category, brand, or any other breakdown that fits your needs. Pricing Intelligence : Analyze the competitive landscape by product to see the price difference by percentage, actual for all of your competitors to helps you in develop the best competitive pricing strategy to win in the competiton
Views: 1807 PriceTree
Category Management Survival Skills for Retailers - Exclusive Video
 
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This video has been created by CMKG for you, to give you an understanding of the quality of training that we provide to our students. The training and examples in this educational video are derived from some of our accredited online courses. Enjoy! Check CMKG's training at http://www.cmkg.org Follow us in LinkedIn Group at https://www.linkedin.com/company/category-management-knowledge-group Like us on Facebook at https://www.facebook.com/hiCmkg Subscribe to Sue's weekly blog at http://blog.cmkg.org/blog
Views: 14273 Sue Nicholls
Excel Ex 7- Assortment Plan
 
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Fash 62- Step by step instructions to complete Excel Exercise 7- Assortment Plan
Views: 2557 Fash 62
Getting In-Store Assortment Right
 
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APT VP Matt Lindsay discusses how in-market testing can help CPGs optimize their in-store assortments.
Views: 34 APTAnalytics
Smart Inventory Management through Product Rationalization
 
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Product rationalization helps in improved retail inventory management bringing down costs while offering customer satisfaction. Smart product rationalization decisions lead to profitable merchandise assortment planning.
Retail Speaker Series - Trader Joe's (Strategic Product Assortment)
 
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Steve Haro (Regional VP) and Manny Bobele (SF Captain) of Trader Joe's. Part of the Retail Studies Program - Retail Speaker Series (May 19, 2010).
Views: 1844 RMIscu
Med Product Retail Display
 
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Visit The Closeout Channel: http://www.TheCloseoutChannel.com 102 Piece Drug Store Product Assortment with Retail Display Rack. Excellent assortment of drug store products including a 15-prong metal retail display rack. You receive assortment of accurately calibrated droppers, medicine spoons, and oral syringes. These are perfect for any type of retail store including; grocery, convenience, drug, pharmacy, variety, dollar, gift and general merchandise. Free freight. Great profit item. Our price is just $.65 each piece. Case of 102.This assortment may also be ordered without the retail display rack with the price of each package then being just $.55 each. Please make choice above.
Views: 316 kiefercompanies
Galls has the largest product assortment in the industry
 
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Over 70,000 items in stock! Over 70 brands! Galls is your single source!
Views: 467 Galls Public Safety
Merchandise Allocation & Planning (MAP) tool using Excel
 
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The Merchandise Allocation & Planning Tool has been designed by Neha Tankhiwale, Theresa Ko, and Vineet Kumar from Emory University's Goizueta Business School (MBA Class of 2011) for Prof. Bendoly's Data Visualization course. The tool aims to optimize merchandise allocations across product categories and stores for different months, by taking into account factors such as historical capacity, financial plan and sales, and dynamic constraints such as last month's sales and current demand. The tool also presents an intuitive interface for analyzing and simulating the various allocation scenarios using simple yet informative visualization to aid in merchandise planning.
Views: 9523 vforvineet
Retail Fundamentals | DartmouthX on edX | Course About Video
 
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Learn key components of the retail business, including forecasting, inventory management, product assortment planning and pricing. Take this course on edX: https://www.edx.org/course/retail-fundamentals-dartmouthx-rfundx#! ABOUT THIS COURSE In this course, part of the Retail Management Professional Certificate program, you will learn the four key components of the retail business: Demand forecasting, Inventory management Assortment planning Pricing decisions You will learn about the different challenges that retailers face and have the opportunity to explore methods and techniques available to address these challenges. You will also have access to simulation tools to better internalize the concepts. The course will take a hands-on, problem driven approach that will help you understand and put into practice the concepts you learn. At the end of the course you, will be able to make better decisions at every step of the retail process. We have designed this course to suit a wide variety of participants, from retail owners and store managers, to undergrad business majors or specialists in retail. WHAT YOU'LL LEARN How to generate and evaluate Sales Forecasts How to plan and optimize your Inventory Management How to think and decide on Product Assortment How to find the best prices for your products
Views: 984 edX
Street Scene Product Assortment
 
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From bumper to roll pan and everything in between, Street Scene makes your vehicle make heads turn. Mike Spagnola from Street Scene takes Mark Nolan and Garage Pros through just a sampling of the exterior accessories they offer.
Views: 2357 GaragePros
Differentation through Assortment Planning
 
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As the race for customer service gets harder, independent retailers must think of creative ways to differentiate their stores. In this month's vlog, Managing Editor Jaime Koch walks you through her top five tips for finding inspiration on new and unique product lines.
Views: 1266 NRHA tv
Takealot.com: Optimized stock assortment for extensive product range
 
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Takealot.com, South Africa’s largest online retailer, chose RELEX to support their demand forecasting, replenishment, inventory management, and reporting. Watch Rozanne Truter, Retail Divisions Manager, explain how RELEX has provided a dynamic framework for the work of category managers, and clearly reduced the time spent on routine ordering, allowing more focus on value-adding tasks instead. Learn more about our solutions: https://www.relexsolutions.com/solutions/
Views: 208 RELEX Solutions
Retail Management - Category Management
 
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Retail Management - Category Management Watch more Videos at https://www.tutorialspoint.com/videotutorials/index.htm Lecture By: Ms.Richa Maheshwari, Tutorials Point India Private Limited
3 smart merchandising strategies to win at the retail game
 
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Analytics-driven retail merchandising strategies help retailers to improve merchandise planning and take smarter assortment and retail merchandise decisions. This video is adapted from the article: http://thoughts.manthansystems.com/2012/05/24/top-5-areas-to-improve-merchandising-effectiveness/
Assortment Item Management Solution from SPS Commerce
 
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Consumers want more information about products before purchase, but legacy systems can't keep up with constantly changing and expanding product content needs. Find out how the SPS Commerce Assortment solution is designed for today's fast-evolving retail landscape. Learn more about how SPS Assortment catalog software helps retailers deliver on consumer expectations of product details: https://www.spscommerce.com/assortment
Views: 357 SPS Commerce
Compass - The Best Retail Planning Solution
 
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Intelliti Compass Modules Channel and Store Planning In this Modules we have the goals of each sales channel and the physical stores. We have advanced strategic features such as opening / closing stores and / or channels. Merchandise Planning The inventory, sales and purchasing needs of the company by category management happens in this module. OTB Planning This module generates the financial budget for the best purchase avoiding excesses of stocks and ruptures. Promotion Planning Here we can simulate promotions based on strategic information contained in the Intelliti Compass and still track the results of the promotions. Promotion Tracking Keep track of ongoing promotions and promotions quickly, and then evaluate the results for each location. Store Clustering Cluster the stores to improve assortment planning and execution, and product allocation. Assortment Planning Find and manage the ideal assortment for Clusters, Stores and Channels. Product Allocation Secure the right product in the right store with our solution. Regional Prices Get the average weekly prices for regions and SKUs. Markdown Planning If you need to markdown for the Slow Movers (Slow Movers), do it quietly knowing the consequence before making the new prices. Planning Conciliation Real reconciliation between the Channels and Stores x Merchandise Plans. Master Data Manager All master data from the Solution can be checked and adjusted. Including planned master data such as Planned Stores (New Stores) and Planned Materials (New Items). ECR & Audit Real Time Sales and Stock Movements
Retail Assortment Optimization
 
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Retail Assortment Optimization in five minutes or less ....
Views: 32 Aby Joy
Luminate Personalized Assortment: Optimize Retail Inventory and Maximize Margins
 
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The digital age is here, and retailers everywhere are moving faster to keep up with changes in demand, evolving customer expectations and growing competition – across every channel. Omnichannel shoppers spend more and they want a personalized shopping experience with promotions and product offerings specific to their interests and buying behaviors. With Luminate Personalized Assortment you can plan to deliver with exacting precision using a SaaS-based, AI-fueled solution for localized assortment planning. Every customer is different, reacting differently to retail promotions across every channel – text message, email, social media and direct mail. Ready for a retail plan that illuminates a personalized shopping experience for every customer? Luminate Personalized Assortment leverages AI and machine learning (ML) to highlight end-to-end consumer insights on buying behaviors across every channel in our unified commerce environment. Optimize inventory and sales while maximizing your margin. With this intuitive, mobile retail planning tool, retailers can deliver and update their plans – collaborating with key stakeholders every step of the way. Better segment your product offerings with Luminate Personalized Assortment, shed light on more accurate forecasting and predict what shoppers may buy – tapping into POS and shopper data. Learn how Luminate Personalized Assortment can brighten your future. Visit JDA online to learn more about edge technologies that can help you remain competitive: https://jda.com/luminate
Views: 378 JDA Software
SAP and Google showcase - Assortment Optimisation-   SAP Retail at #SAPPHIRENOW 2018
 
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This showcase has been designed in collaboration of Google and SAP and shows how Retailers can optimize their assortments based on sales history and product search results. It is presented by Guido Menkaus, from SAP Retail #Sapphirenow 2018 Find out more about the Google and SAP partnershipo here: https://www.blog.google/topics/google-cloud/building-on-our-sap-partnership/
Views: 782 SAP Industries
Assortment Planning
 
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Learn how you can decide on a great product mix for your online store.
Views: 1513 MineWhat Inc
Innovation Adoption Made Simple with SAP HANA Assortment Planning for Retail RDS
 
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Check out how SAP is making innovation adoption simple with the SAP HANA Assortment Planning for Retail rapid-deployment solution.
Views: 574 Bob Caswell
Leveraging Tableau for Retail Analytics
 
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Learn best of the best in consumer goods and retail analytics. This speaker directed business intelligence for two of the largest consumer brands in the world, and he is now an executive with a top-four consulting firm. This session will walk you through several retail and CPG case studies that leverage Tableau to make decisions about new product introductions, site selection, assortment optimization, market and segmentation analysis and competitor proximity analysis. This video presents learn state-of-the-art analysis methodologies and applications of Tableau for the consumer goods and retail industry. Thanks to Tableau, these methodologies can by implemented by any business user, without reliance on IT or developers. This talk will teach you how to be a part of the democratization of analytics happening now in this industry.
Views: 18257 Tableau Software
Planogram automation & optimisation of assortment and merchandising thanks to product data
 
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Powered by BlueManoid x Perspectix x Alkemics http://www.bluemanoid.com/ https://www.perspectix.com/ https://www.alkemics.com/
Views: 63 Alkemics
PAS Planogram Management Program for Retailers
 
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This high level overview explains the advantages of the PAS Planogram Management Program as it applies to retailers.
Angie Patrick - You Do Not Have To Be A GUERILLA To Retail
 
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Register Here: http://www.tinyurl.com/massage2010 Does the idea of retailing and the income it can represent appeal to you, but the thought of "selling" stops you in your tracks? Learn how to effectively retail product and merchandise that it beneficial to your client while never being pushy or over the top. Retailing ideas, from pricing to merchandising, learn all the best and most effective low pressure techniques in retailing to add black ink to your bottom line. Learn to merchandise your product assortment so that it appears non invasive in your treatment room. Get pointers on great retail products that consistently sell providing alternate streams of income and positive cash flow. Learn how to provide these valuable products to your clients in a manner that reflects your core principles and values.
Views: 547 MassageNerd
Assortment Visualisation
 
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Hitachi Consulting Demo of Assortment Visualisation
Views: 2187 Chris Gates
Retail Quote of the Day
 
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With DotActiv’s data-driven assortment planning tool, you can create product assortments that are simultaneously attractive to your customers while improving your sales and profitability. #AssortmentPlanning #RetailQuote
Views: 0 DotActiv
Retail.me
 
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Retail.me, from JDA Software, offers a whole new level of next-generation localized assortment planning capabilities that help you plan to deliver.
Views: 3181 JDA Software
Connected Retail: Differentiate Your Customer Experience
 
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Retail customers expect flexible interaction channels that empower them to shop where and when they want—supported by personalized offers, high product availability and assortment, and rich product information that enhance their shopping experience. Read more at http://bit.ly/1U6TPIU
Views: 202 Avanade Inc
Importance of Product in Retail Selling
 
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For more Info on Welingkar's PGDM Distance Learning Program: http://bit.ly/16o0OSy Consumable product features, Branding and Packaging, are the three key product decisions that are considered before a consumer makes the decision of buying the product. The video on Importance of Product talks about categories of Consumer Products, Components of Product and Augmented Products. Join us on Facebook: http://www.facebook.com/welearnindia Read our latest blog at: http://welearnindia.wordpress.com Subscribe to our Slideshare Channel: http://www.slideshare.net/welingkarDLP
What Is A Retail Merchandiser?
 
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"What Is A Retail Merchandiser? Watch more videos for more knowledge What Is A Retail Merchandiser? Watch more videos for more knowledge Basic Retail Merchandising https://www.youtube.com/watch/sNcpVcM5-h0 Day in the Life of a Retail Merchandiser https://www.youtube.com/watch/ApJbu5BMbLY What is Retail Merchandising https://www.youtube.com/watch/sd5Ytl_Ljy8 What Is A Retail Merchandiser? https://www.youtube.com/watch/QRHQTtCoL8o Merchandising - More Important Than Ever In Today ... https://www.youtube.com/watch/R43P7Shscmg Retail Merchandising Services Training https://www.youtube.com/watch/JAOMjjh8--E Retail Merchandiser https://www.youtube.com/watch/UOULQMQsAGI Career Profile: Retail Merchandiser & Territory ... https://www.youtube.com/watch/QwpPYbAaa9g Life as a Trainee Merchandiser https://www.youtube.com/watch/V29BsOStZuE Retail Merchandising Specialists https://www.youtube.com/watch/eSENFUPF8mA Retail Merchandisers https://www.youtube.com/watch/1T4xJJOWGNY Retail, merchandising and Lingerie : all you need ... https://www.youtube.com/watch/iDeXTPMbXO0 The Life Of A Merchandiser https://www.youtube.com/watch/Bxka35z3OZ0 Retail merchandising and field reps software https://www.youtube.com/watch/4-wDpke8JPI Retail Merchandising at the College of Design https://www.youtube.com/watch/T3dZsjVzCiY 3 smart merchandising strategies to win at the ... https://www.youtube.com/watch/opEOBbD3oZc Retail Merchandiser https://www.youtube.com/watch/r6f-fXrsj2Y Retail: Product Assortment and Merchandising ... https://www.youtube.com/watch/zzy4eRdD3es Merchandising Tips from a Small Store https://www.youtube.com/watch/HmZrnmms5DQ A Day in the Life of a Merchandiser at Mondelez ... https://www.youtube.com/watch/aEid3UOae4k Day in the Life of a Retail Merchandiser https://www.youtube.com/watch/ApJbu5BMbLY What is Retail Merchandising https://www.youtube.com/watch/sd5Ytl_Ljy8 What Is A Retail Merchandiser? https://www.youtube.com/watch/QRHQTtCoL8o Merchandising - More Important Than Ever In Today ... https://www.youtube.com/watch/R43P7Shscmg Retail Merchandising Services Training https://www.youtube.com/watch/JAOMjjh8--E Retail Merchandiser https://www.youtube.com/watch/UOULQMQsAGI Career Profile: Retail Merchandiser & Territory ... https://www.youtube.com/watch/QwpPYbAaa9g Life as a Trainee Merchandiser https://www.youtube.com/watch/V29BsOStZuE Retail Merchandising Specialists https://www.youtube.com/watch/eSENFUPF8mA Retail Merchandisers https://www.youtube.com/watch/1T4xJJOWGNY Retail, merchandising and Lingerie : all you need ... https://www.youtube.com/watch/iDeXTPMbXO0 The Life Of A Merchandiser https://www.youtube.com/watch/Bxka35z3OZ0 Retail merchandising and field reps software https://www.youtube.com/watch/4-wDpke8JPI Retail Merchandising at the College of Design https://www.youtube.com/watch/T3dZsjVzCiY 3 smart merchandising strategies to win at the ... https://www.youtube.com/watch/opEOBbD3oZc Retail Merchandiser https://www.youtube.com/watch/r6f-fXrsj2Y Retail: Product Assortment and Merchandising ... https://www.youtube.com/watch/zzy4eRdD3es Merchandising Tips from a Small Store https://www.youtube.com/watch/HmZrnmms5DQ A Day in the Life of a Merchandiser at Mondelez ... https://www.youtube.com/watch/aEid3UOae4k"
Views: 144 Trix Trix
Sentient Aware Artificial Intelligence Retail Merchandising
 
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Sentient Aware™ for e-Commerce 415-942-5335 or http://www.sentient.ai/aware/ The online retail experience is the first area—but hardly the last—to be addressed by the Sentient Aware family of artificial intelligence products. But if you’re an online retailer, you’ll be glad we started here. Because with Sentient Aware for e-Commerce, you can now add an AI sales associate to transform your e-commerce website, helping your customers find exactly what they’re looking for in real-time. Why start with the online retail experience? Because at Sentient, we appreciate how much time and effort you pour into optimizing your online store and curating your product assortment. Sentient Aware delivers real-time discovery technology that ensures your customers get exposed to everything you’ve worked so hard to make available. With Sentient Aware, there’s no text-based search, no drill-down navigation and no metadata. Customers discover new products by interacting directly with images from your catalog in a fun, intuitive way. With each tap or a click, Sentient Aware’s AI learns more about what your shoppers are looking for, allowing them to dive deeper into your catalog to find the perfect item that would otherwise go undiscovered.
Views: 1022 Sentient Aware
Presentation 360 Retail   video
 
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Retail company - Consulting & training, dedicated to - Retail startups that need support at the beginning of their journey, in establishing the strategy, assortment, positioning on the market - Small to medium-sized companies that cross the change management phase from entrepreneurial company to medium-sized, based on written rules & procedures - Big companies that want to benefit of commercial practical trainings, that show effect and apply immediately in their employees day-to-day work - Distributors that need to select the right assortment based to the market needs & trends and to select the correct distribution channel for each and every product range - Producers that establish the product portfolio, refine the assortment based on market needs and take day-today decisions based on actual situation of the market [email protected] www.360retail.ro
Line Optimization for Retailers - PREVIEW
 
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To register for this webinar, visit: http://marketing.markettools.com/2011-11-18_Retailer-Viewpoint_RS_Webinar.html As a retailer, how well you meet market needs reflects directly on your bottom line. You need to have the right products, in the right place at the right time. Given the global economic climate, this is becoming more and more difficult. You need new tools to anticipate your changing market needs. Join us for this informative webinar featuring Colin Stewart, Senior Vice President at Acosta Insights, and Michael Conklin, Chief Methodologist for MarketTools. » Recorded: Friday, November 18, 2011 Point of Sale and Loyalty card data are great indicators, and provide useful insights -- of what your customers buy from you. What you are missing is the 70% of purchases that these same customers make from all the stores they buy from. A targeted market research study can capture the purchasing decisions across the entire consideration set of your market. An online research study, focused defining the best product assortment for your store will help you optimize based on everything your consumers purchase, not must what they purchase from you.
Views: 53 markettools
Retail Forecasting Solution
 
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Forecast sales number for a new product can belong to a merchant, category manager or others at your enterprise responsible for the decision to include the product in the assortment. Vision Forecasting promotes timely sharing of this target volume and dollar amount with a cross-functional team, enabling enterprises to leverage emerging best practices for retailers looking to improve the success of new product launches. As retailers continually open new channels, the customer journey can involve more than a dozen routes from viewing and selecting merchandise through fulfillment of the order. Each of those customer journeys opens up opportunities to analyze new data sources such as web search data, clickstream data, social media referrals and recommendations, and more. As product life cycles shorten and more companies focus on innovation, forecasting retail product introductions well is a priority for retailers. http://www.jestais.com/retail/vision-forecasting/
Views: 98 Jesta I.S.
Basics of Open-to-Buy Plans for Retailers
 
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How retailers can control inventory with an Open-to-Buy plan. A webinar from The Retail Owners Institute® - www.RetailOwner.com.
Views: 59266 4retailers
Shelfbucks - Erik McMillan:  Shelfbucks Gives You the Exact Right Product SKU Mix to Win at Retail
 
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Erik McMillan Shelfbucks gives you the exact right product mix to win at retail We all know that all SKU's are not created equal. Every display program you create, every merchandise program you create, you put multiple SKU's out there to see what's going to win. What's going to drive attention from your consumers. What's gonna drive category share and growth for you. Not all SKU's are created equal. With Shelfbucks you'll know exactly how many SKUs are selling off your displays. Exactly which ones aren't. Which SKU's are moving. Which SKU's aren't. The next time you, was a category manager, or as a brand manager, or a brand sales team, look at the programs that you ran, you'll know which SKU's worked and which SKU's didn't. You can put your product mix assortment together for the next merchandising program that's going to win to the benefit of your category. What's going to improve your margin. This is how you are going to win at retail. SKU's are important...but SKU's are not created equal. Shelfbucks will give you the tools and the ammunition you need to pick the exact right product mix to win at retail.
Scaling Personalization via Machine-Learned Assortment Optimization | Data Council NYC '18
 
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WANT TO EXPERIENCE A TALK LIKE THIS LIVE? Barcelona: https://www.datacouncil.ai/barcelona New York City: https://www.datacouncil.ai/new-york-city San Francisco: https://www.datacouncil.ai/san-francisco Singapore: https://www.datacouncil.ai/singapore ABOUT THE TALK: Machine learning has revolutionized the capability of businesses to create personalized experiences via real-time, individual predictions and recommendations. But what happens when one must make thousands of decisions for thousands of individuals at the same time? At Dia&Co, a plus-size women’s styling service, we recently faced such an obstacle when building out a brand new product line for the business. This talk will explore how we combined modern machine learning with classical operations research techniques to scale personalization in the face of constraints inherent to a retail business. The basics of operations research will be introduced before demonstrating how to solve a simple version of our real-world problem using all open source libraries. I will then reveal the gory details of productionizing this work, from testing to gracefully handling failures of convergence. Finally, I will cover the journey from the coldest of starts, with zero data, to synthesizing machine learning with the operations research problem. ABOUT THE SPEAKER: Ethan is a Machine Learning Engineer at Dia&Co, a plus-sized women's retailer. He lead a team of scientists, engineers, and analysts focused on Styling and Customer Growth algorithms. He got his start in data science working at Birchbox. Prior to that, he earned a PhD in Physics from Columbia University where he studied unconvential superconductors. FOLLOW DATA COUNCIL: Twitter: https://twitter.com/DataCouncilAI LinkedIn: https://www.linkedin.com/company/datacouncil-ai Facebook: https://www.facebook.com/datacouncilai
Views: 171 Data Council