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

Apparel/Garments | On 25th Sep 2017

Vietnam textile sector to gain if EU FTA gets ratified

Experts feel the Vietnam-European Union (EU) free trade agreement...

Prime Minister Narendra Modi dedicating the Deendayal Hastkala Sankul to the nation, in Varanasi, Uttar Pradesh on September 22, 2017. Courtesy: PIB

Textiles | On 25th Sep 2017

Handicrafts trade facilitation centre opens in Varanasi

Prime Minister Narendra Modi dedicated the Deendayal Hastkala Sankul, ...

Apparel/Garments | On 25th Sep 2017

AAFA urges US govt to plug lacunae in military procurement

The American Apparel & Footwear Association (AAFA), an alliance of...

Interviews View All

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Lynda Kelly
Suominen Corporation

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

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

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

September 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
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

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
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

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
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

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
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


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