Predictix is the foremost provider of cloudnative, predictive and prescriptive analytics solutions for retail. At predictix, we help tier one retailers and brands make better merchandising decisions with our software asaservice suite for planning, allocation, assortment and space optimization, pricing, promotions, forecasting, and replenishment, establishes molham aref, ceo, predictix. Dotactivs assortment planning software works from an sql data platform and is integrated with shelf and floor planning software. Predictix closes out 2014 with new global client wins for its. Infor and predictix sit at the intersection of cloud, analytics, and selfservice and this partnership. The acquisition comes six months after infor announced an investment in predictix.
Jan 20, 2016 predictix is a company that shares our belief that modern technology can power a generational shift in retail software, and has delivered true innovation to merchandising and assortment management, said duncan angove, president of infor. Video first selected the software asaservice saas offerings of predictix and begun implementation to improve the companys planning and forecasting processes in 2009. Our clients get started quickly and see value early, thanks to our cloudbased solutions and our agile approach to delivery. Video puts planning in the cloud retail technology. Powered by machine learning, demand management brings precision to every point of the supply chain with a. In the azure portal, select enterprise applications, select all applications, and then select predictix assortment planning. What it means assortment planning is the ways and means of tailoring merchandise to meet customer demand, often at the storelevel. Infor provides enterprise software and services worldwide. Infor today announced the acquisition of predictix, a provider of cloudnative, predictive, and machinelearning solutions for retailers. Maximize the return on investment from your software investment. Omnichannel retailers and fashion brands need sales forecasting software that empowers quick response to supply chain disruptions with fast, datadriven decisions. Assortment planning is about making the right product picks and ordering the right quantities to match market demand.
Software engineer predictix july 20 present 6 years 4 months. Finding the right brands, colors, styles and sizes in stock should be about more than just good luck and timing. Retailers must make a choice such as on how to determine the appropriate assortment at stores and allocate the inventory in their warehouses, who, how, when and where to sell the stock. Infor, a provider of cloudbased, industryspecialized business applications, today announced its acquisition of predictix, a supplier of predictive solutions to retailers. Even as ideas are being formed and fashion trends emerge, merchants need to begin by understanding customers and measuring demand. About jda assortment planning finding the right brands, colors, styles and sizes in stock should be about more than just good luck and timing. To set up the integration of predictix assortment planning into azure ad, you need to add predictix assortment planning from the gallery to your list of managed. Retail planning software island pacific smartplanning.
The buyers plan is to integrate predictix s data science and big data analytics capabilities into its cloudsuite retail offering. Planning localised assortments is highly dependent on effective software because of the highly dataintensive nature of category management. The initial rollout will include financial planning, merchandise planning, demand planning and assortment planning modules. In addition predictix offers solutions for forecasting and supply chain optimization through the predictix. Select add user, and then select users and groups in the add assignment dialog box. In the list of applications, select predictix assortment planning. It has also resulted in tens of millions of dollars in inventory carrying costs and labor. Infused with the latest innovations in data science, this powerful demand planning platform provides retailers with a modern and sophisticated approach to demand forecasting, merchandise financial planning, lifecycle pricing, assortment planning, replenishment optimization, and more. Jun 28, 2016 predictix solutions for merchandise planning, assortment and category management, demand forecasting, price optimization and supply chain optimization are changing the way the worlds leading. Predictix has a number of retail decision support offerings.
Retailers, wholesalers and brands make better forecasting, planning, assortment, pricing, and replenishment decisions with the predictix. Cogniras team of implementation consultants have deep and broad experience working with top retailers across a wide variety of verticals to achieve measurable benefits from retail planning, supply chain and other analytic software solutions. These decisions affect both retailers and manufacturers supplying them. Infor demand management demand forecasting software for. Combining predictix merchandising, pricing, and assortment planning with infors multienterprise erp, hcm, supply chain, plm, ecommerce, science, and digital asset management solutions, the combination of technology delivers the most modern and robust solution to deal with the retail industrys scale and complexity. Video runs 316 brand name stores in 140 russian cities and operates 50. Island pacific smartplanning is a sophisticated, intuitive and integrated support tool that helps with merchandising across all channels, from planning right through to assortment, allocation, and replenishment of stock. Assortment planning category management built specifically for the. Infor acquires predictix on 20160628 for an undisclosed amount. Enterprise single signon azure active directory supports rich enterpriseclass single signon with predictix assortment planning out of the box. The search for customercentric assortment capabilities for tier 1 multichannel retail merchandisers continues as more vendors enter the market. This is a corporate initiative with strong momentum, and predictix s cloud software with selflearning algorithms that can recognize patterns from vast amounts of data will help in terms of demand forecasting, merchandize financial planning, assortment and category planning, network flow optimization, and allocation and markdown optimization. As russias largest consumer electronics retailer and the 12th fastest growing global retailer, m. Infor continues push into retail market with predictix cloud.
Predictix will become part of infor cloudsuite retail, a new modern suite of enterprise applications delivered in the cloud and designed for todays retailing landscape. Predictix closes out 2014 with new global client wins for. The predictix software will be essential for supporting carhartts business transformation, says jeff gragg, cio of carhartt. Assortment planning software will support you in making key assortment and assortment related decisions, such as. Use azure ad to manage user access and enable single signon with predictix assortment planning. The implementation allows more accurate replenishment, forecasting and planning decisions across its channels, stated christopher mangham, cio, m. In addition predictix offers solutions for forecasting and supply chain optimization through the predictix application. In the apparel and fashion sector, these challenges are also more complicated, because of limited time windows. Top 5 retail assortment management software in 2020. Enterprise single signon azure active directory supports rich enterpriseclass single signon with predictix assortment planning. Company predictix news, employees and funding information.
He led teams that have built, implemented and managed solutions to support processes from planning through to supply chain. Predictix fashion assortment planning allows the user to choose how to honor the store level assortment plan at the time of allocation. Infor will buy retaildemand software firm predictix wsj. Closingclosed, infor buys predictix enterprise times. With jda assortment planning, powered by arthur, your merchants can visualize your products the way that consumers shop. New yorkbased infor, one of the worlds largest suppliers of enterprise resource planning, or erp, software that helps fashion, retail. Prior to cognira, greg led teams at cisco in the development of network security appliances and cloud services. Top 5 retail assortment management software5 100% 2 ratings the assortment planning process is a very integral aspect for retailers. Predictix uses nextgeneration data science and big data analytics to help solve some of the most complex and challenging problems faced by. Retailers, wholesalers and brands make better forecasting, planning, assortment, pricing, and replenishment decisions with the predictix merchandising software suite. Highly scalable predictive assortment planning quebit.
Predictix shows promise with a software asaservice. Predictix applications harness cloudnative technology, big data, and the latest retail science to solve the toughest problems in forecasting, assortment planning, merchandising and. Predictix shows promise with a software asaservice merchandise planning suite gartner industry research note g00168214, hung lehong, mim burt, 10 june 2009, r3116 06302010 predictix has launched a merchandise planning suite aimed at large retailers that is delivered as software asa. Assortment plans both identify the types of products, including range of styles, colors and sizes, that align with customer preferences and seasonal needs, and offer stepbystep processes to bring indemand merchandise onto the shelves in the right stores in the. Infor will buy retaildemand software firm predictix. The retailers third and latest execution, announced january 2012, incorporates predictix s assortment planning, storelevel forecasting and target stock optimization tools. Predictix shows promise with a software asaservice merchandise planning suite gartner industry research note g00168214, hung lehong, mim burt, 10 june 2009, r3116 06302010 predictix has launched a merchandise planning suite aimed at large retailers that is delivered as software asaservice saas. This is a corporate initiative with strong momentum, and predictixs cloud software with selflearning algorithms that can recognize patterns from vast amounts of data will help in terms of demand forecasting, merchandize financial planning, assortment and category planning, network flow optimization, and allocation and markdown optimization. Assortment planning involves the amount of merchandise choice available and retail analytics will help you determine what merchandise variety and assortment will lead to the most sales.
As a result, they can better produce tailored assortment plans that reflect the right product and location combinations. Most assortment plans are done in advance of the store location allocation. Prior to that, he cofounded logicblox a database platform for predictix and infor. The market for retail assortment management applications ramas is composed of multichannel retail companies that is, retailers with stores as well as online and mobile channels seeking assortment management applications that address businesscritical merchandising business processes.
Predictix applications harness big data and advanced analytics to solve the toughest problems in merchandise planning, assortment, category management. Deciding exactly what products to sell in what stores in what time frames is a challenging task for its large team of merchants and planners. Now is the time for multichannel retailers to invest in assortment management applications that drive customercentric assortments. Whole foods already uses predictix for forecasting, planning and optimization, the results of which will feed into the core merchandizing solution. How retail analytics can improve assortment planning. Infor continues push into retail market with predictix. Jan 29, 2020 predictix solutions for merchandise planning, assortment and category management, demand forecasting, price optimization and supply chain optimization are changing the way the worlds leading. Powered by machine learning, infor demand management brings precision to every point of the supply chain with ai that can sense. Predictix applications harness big data and advanced analytics to solve the toughest problems in merchandise planning, assortment, category management, forecasting, pricing, and supply chain optimization. Requires an existing predictix assortment planning subscription. Predictix solutions for merchandise planning, assortment and category management, demand forecasting, price optimization and supply chain optimization are changing the way the worlds leading retailers do business. To set up the integration of predictix assortment planning into azure ad, you need to add predictix assortment planning from the gallery to your list of managed saas apps.
Oracle enterprise resource planning cloud is a cloudbased software application suite. We work with many of the worlds leading retailers to solve their most challenging problems in forecasting and. Project manager and business consultant for installing an account planning system for the wholesale division using predictix software for a major apparel fashion company. Predictix assortment planning supports spinitiated sso. Jan, 2015 predictix applications harness cloudnative technology, big data, and the latest retail science to solve the toughest problems in forecasting, assortment planning, merchandising and supply chain. Prior to predictix, hatem held several roles at retek currently oracle retail his last role was the director of the retek labs. Range planner assortment planning software combines sales and market data, with consumer shopper behaviour to optimise the range of products and space required on shelf.
The assortment planning process begins with a concept. Predictix solutions for merchandise planning, assortment and category management, demand forecasting, price optimization and supply chain optimization are. Retail solutions including assortment planning, forecasting, assortment management, replenishment and logisitcs client consulting with teir1 retailers regarding the integration of predictix. Jan 18, 2016 the predictix software plays an important part in the cloudsuite retail management solution infor is currently developing in close collaboration with upmarket us grocery chain whole foods market. Hassene benammou senior software engineer infor linkedin. The firm leverages planning tools that enables the retailers for assortment planning, merchandize financial planning and item planning.
The user can honor the buyers intent at the cluster level to re index locations based on performance inputs. Greg also managed the team that built the oracle retail planning and analytics platform. Carhartt implements planning and forecasting applications. Assortment planning is not an exact science, and while there are software programs that can aid the process, many buyers rely on intuition. Add predictix assortment planning from the gallery. In the azure portal, in the left pane, select azure active directory. It is a one of a kind category assessment and assortment planning application, as well as a powerful space recommendation tool. Lou ann villasor new york, new york professional profile. Island pacific smartplanning is extremely versatile retail planning software. Magic quadrant for merchandise assortment management.
Infor, a leading provider of beautiful business applications specialized by industry and built for the cloud, today announced the acquisition of predictix, a groundbreaking provider of cloudnative, predictive, and machinelearning solutions for retailers. Predictix helps retailers make better merchandising, planning and supply chain decisions and achieve significantly better business results using predictive analytics and the power of the cloud with its flexibility, affordability, speed, scale and unlimited computing power. Assortment planning retail best practices ris news. We help retailers make significantly better business decisions, with saas, cloudbased forecasting, planning, assortment, pricing, and replenishment solutions.