Home / Knowledge / News / Information Technology / SAS will supercharge Belk's local assortments
SAS will supercharge Belk's local assortments
10
Nov '11
For Belk, the Holy Grail is to precisely place the right merchandise assortment in each of its 304 stores. SAS, the leader in business analytics software and services, is helping transform that vision into revenue.

The Southern U.S. retail powerhouse chose SAS Integrated Merchandise Planning – including SAS Size Optimization, SAS Demand Forecasting for Retail, SAS Merchandise Financial Planning and SAS Merchandise In-Season Management – to power an enterprise-wide transformation.

“Belk's mission has always been to personally connect with customers and provide them with outstanding merchandise and service,” said Tim Belk, Belk Chief Executive Officer. “Our work with SAS will make that mission more productive so our associates are freed up to offer customers the personal attention they deserve.”

“Belk chose SAS for its proven results, retail expertise and analytics strength, which surpassed other available merchandise planning technologies,” said Mike Laurenti, Belk Chief Information Officer. “SAS will help us serve our customers better by allowing us to become more flexible and responsive.

According to Amy Wooden, Belk Executive Vice President of Merchandise Planning, “With SAS demand forecasting and planning we'll make more productive use of our inventory and reduce supply chain risk. Bottom line, we anticipate our strategic use of SAS will deliver significant annual payback.”

SAS Integrated Merchandise Planning touches the entire retail enterprise, encompassing assortment planning, financial planning; forecasting; and price, size and space optimization. It helps retailers increase margins by optimizing merchandise assortments, reducing markdowns, using store space better – getting the right products to the right stores at the right time, and at the right price.

“Belk will undoubtedly benefit from localized assortments in each of its stores,” said Gene Gsell, Vice President of SAS Retail and Manufacturing. “SAS Merchandise Planning will supercharge Belk by enhancing its ability to forecast demand for specific merchandise characteristics like size, color and style. SAS will help Belk better meet shoppers' needs through a clearer vision into what's important to individual consumers. And that should mean a more productive inventory and healthier margins for Belk.”

Charlotte, N.C.-based Belk Inc is the nation's largest privately owned mainline department store company with 304 Belk stores located in 16 Southern states. The company was founded in 1888 by William Henry Belk in Monroe, N.C., and is in the third generation of Belk family leadership.

SAS is the leader in business analytics software and services, and the largest independent vendor in the business intelligence market. Through innovative solutions, SAS helps customers at more than 50,000 sites improve performance and deliver value by making better decisions faster.

SAS Institute Inc


Must ReadView All

Indian govt approves special package for leather, footwear

Textiles | On 16th Dec 2017

Indian govt approves special package for leather, footwear

The Union Cabinet chaired by PM Narendra Modi has approved a special...

EU parliament resolution calls for Cambodia sanctions

Apparel/Garments | On 16th Dec 2017

EU parliament resolution calls for Cambodia sanctions

Following the ongoing crackdown in Cambodia on the opposition and...

Affordable prices to be hit if US pulls out of NAFTA: NRF

Apparel/Garments | On 16th Dec 2017

Affordable prices to be hit if US pulls out of NAFTA: NRF

US retailers’ ability to offer consumers quality products at...

Interviews View All

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

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

December 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search