ATLANTA--(BUSINESS WIRE)--Predictix today named Ronald P. Menich, Ph.D., as EVP and Chief Scientist. Menich is one of the foremost innovators in predictive analytics for Fortune 500 enterprises. He previously served as Chief Scientist of Pricing and Revenue Management at JDA, where he was the conceptual designer of many of the core modules in JDA’s Pricing and Revenue Management suite.
Menich is a proven professional with 18 years of experience in demand forecasting, optimization and large-scale recommendation processing systems. He brings to Predictix unmatched experience in leading a science team and designing advanced software solutions. He holds a bachelor’s degree in mathematics from the University of Illinois at Urbana-Champaign, a master’s degree in operations research, and a doctoral degree in industrial and systems engineering, the latter two from the Georgia Institute of Technology.
"I'm thrilled at the opportunity to lead the highly talented science team at Predictix," said Menich. "Predictix' unique approach to predictive analytics, Big Data, and cloud-based architecture makes it one of the most exciting and dynamic providers of planning, merchandising and supply chain solutions today. Predictix is fully committed to its next-generation retail science platform, and I am looking forward to working with our team and top-tier retail customers."
Predictix also announced that Loren Williams, former Predictix EVP and Chief Scientist, is joining Ernst & Young LLP as Executive Director, Advisory Services practice, where he will fulfill a longtime goal to move into a consulting role in E&Y's Analytics Center of Excellence.
Menich's appointment ensures a seamless transition in the leadership of Predictix’s science team. “Ron and I worked closely together at Aeronomics, Talus Solutions and Manugistics,” said Williams. "I've known him for many years, and he is the ideal person to bring on board at Predictix as my replacement. Ron has an impeccable track record in solving complex business problems, and I have complete faith in his ability to lead the Predictix science team."
"Ron Menich is an extraordinarily gifted scientist and leader, and Predictix is excited to welcome him to our executive team," said John Simon, CEO, Predictix. “I look forward to seeing Ron continue to lead the development of our world-leading science capabilities for the benefit of our customers.”
About Predictix
Predictix empowers retailers and brands to drive competitive advantage and market differentiation through innovative planning, merchandising and supply-chain solutions. The Predictix Adaptive Platform for Intelligent Decisions™ leverages Big Data, sophisticated predictive analytics, the latest high-performance retail science, and the unlimited elasticity and computing power of the cloud. Our unified decision support platform quickly enables retailers to gain real-time, accurate insights that shape better decisions, improve agility, and reduce risk.
Predictix transforms the way decisions are made – allowing retailers to create market differentiation and outperform the competition. Learn more at www.predictix.com.
