Home / Knowledge / News / Announcement / Merchandising analytics help apparel providers: report
Merchandising analytics help apparel providers: report
27
Feb '18
Merchandising analytics help apparel providers: report
Quantzig, a global analytics solutions provider, has announced the completion of their latest merchandising analytics study on the apparel industry. According to the merchandising analytics experts at the company, merchandising analytics help firms optimise markdowns and promotions, track new product performance, and improve overall profit margins.

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. 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.

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.

The merchandising analytics solution provided benefits that helped the client to identify optimal product combinations based on customer preferences and profile and target the potential customers with the help of category planning. It also provided predictive insights on managing merchandises and maintaining price competitiveness and forecasting demand planning across their operations. (GK)

Fibre2Fashion News Desk – India


Must ReadView All

'Requirement of polyester filament yarn is increasing'

Textiles | On 19th Jun 2018

'Requirement of polyester filament yarn is increasing'

The requirement of polyester filament yarn (PFY) is increasing as it...

Courtesy: SAC

Textiles | On 19th Jun 2018

SAC to release pilot of Higg Facility Social Labour Module

The Sustainable Apparel Coalition (SAC) will release this year a...

Courtesy: Tim Savage from Pexels

Textiles | On 19th Jun 2018

Da Lat begins construction of $50mn wool yarn factory

Da Lat Worsted Spinning Limited Company has begun construction of a...

Interviews View All

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Varinder Singh Jawanda
Trendy Bharat

Sizing and fitting issues are inherent problems for companies expanding...

Kamal Kulshreshth

Colorjet is among the fastest-growing wide format digital inkjet print...

Kalai Selvi

Vidyashilp Academy in Bengaluru is the country's first Fairtrade School....

Apurva Kothari

No Nasties was the first fashion brand in India to make 100 per cent...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Samar Firdos
Arvind Ltd

<b>Samar Firdos</b>, Chief Manager (Design) at Lifestyle Apparel Denim...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


June 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search