Case Studies
David’s Bridal Enhances Inventory Management and Forecast Accuracy with First Insight
Overview
Analytics & Modeling - Predictive Analytics Functional Applications - Inventory Management Systems | |
Retail | |
Sales & Marketing Warehouse & Inventory Management | |
Inventory Management Predictive Replenishment | |
Data Science Services System Integration | |
Operational Impact
David’s Bridal increased their forecast accuracy by more than 20%, allowing for better alignment of inventory with customer demand. | |
The time to market for new dresses was reduced by three months, enabling faster introduction of new styles. | |
In-store testing costs were reduced by more than 20%, making the process more cost-effective. | |
Quantitative Benefit
Increased forecast accuracy by more than 20%. | |
Decreased time to market by 3 months. | |
Reduced in-store testing costs by more than 20%. | |