Blue Yonder
Case Studies
AI-Powered Pricing Boosts Revenue and Profit for Retailer bonprix
Overview
AI-Powered Pricing Boosts Revenue and Profit for Retailer bonprixBlue Yonder |
Analytics & Modeling - Predictive Analytics | |
Retail | |
Sales & Marketing | |
Demand Planning & Forecasting | |
Data Science Services | |
Operational Impact
Bonprix can now simply and centrally adjust prices from day to day in individual markets. | |
The AI/ML software algorithms improve themselves over time, without any manual intervention. | |
Bonprix’s purchasing department can successfully optimize and manage price settings, allowing the organization to strategically steer each market. | |
Quantitative Benefit
Increased sales by a double-digit percentage. | |
Increased gross profit per article (after costs). | |
Growth in new customer base. | |