LONDON--(BUSINESS WIRE)--Quantzig, a global analytics solutions provider, has announced the completion of their latest merchandising analytics study on the apparel industry. A leading apparel industry manufacturer wanted to find out ways to get predictive insights on the returns, sales, and pricing effectiveness and competently bridge the demand-supply gap with their customers.
According to the merchandising analytics experts at Quantzig, “Merchandising analytics help firms optimize markdowns and promotions, track new product performance, and improve overall profit margins.”
The global apparel industry comprises of a wide range of establishments, ranging from manufacturing full-lines of ready-to-wear to custom apparels. Due to the rise of new trends and production of fashionable clothes, the apparel industry is one of the most in-demand businesses. The apparel industry plays a vital role in transforming a nation’s economy regarding revenue generation and creation of employment.
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The solution presented by Quantzig helped the client to improve their merchandising efficiency and store performance. The client was able to segregate its in-store offerings and accommodate the changing customers’ preferences.
This merchandising analytics solution provided benefits that helped the client to:
- Identify optimal product combinations based on customer preferences
- Profile and target the potential customers with the help of category planning
- To read more, request a free proposal
This merchandising analytics solution provided predictive insights on:
- Managing merchandises and maintaining price competitiveness
- Forecasting demand planning across their operations
- To learn more, request a free proposal
View the complete merchandising analytics study here:
Quantzig is a global analytics and advisory firm with offices in the US, UK, Canada, China, and India. For more than 15 years, we have assisted our clients across the globe with end-to-end data modeling capabilities to leverage analytics for prudent decision making. Today, our firm consists of 120+ clients, including 45 Fortune 500 companies. For more information on all of Quantzig’s services and the solutions they have provided to Fortune 500 clients across all industries, please contact us.