Domo Case Studies Stance's Transformation with Domo

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	Stance's Transformation with Domo Domo

Stance's Transformation with Domo

Domo

Technology Category	Application Infrastructure & Middleware - Data Visualization Functional Applications - Inventory Management Systems
Applicable Industries	Retail
Applicable Functions	Sales & Marketing Warehouse & Inventory Management
Use Cases	Inventory Management Supply Chain Visibility
Services	Data Science Services
Challenge	Stance, a leader in the retail segment, was facing challenges in spotting key trends in its business. The company was unable to combine disparate data sources into one centralized location, which hindered its ability to track real-time, comprehensive inventory levels. Furthermore, Stance lacked the capability to easily compare performance across all dimensions of the business. This lack of visibility and understanding of how every arm of the business was affecting each other was a significant obstacle. Read More
About Customer	Stance is a company based in San Clemente, California, operating in the retail industry. The company is dedicated to the spirit of individuality, with a design philosophy that believes in expression and function. Stance prioritizes building outstanding socks with the best fit and performance characteristics from the highest quality materials. As a leader in a booming retail segment, Stance was setting plenty of trends when it came to making socks. However, it was having a difficult time spotting key trends in its business. Read More
Solution	Stance implemented Domo, a data visualization and real-time reporting tool, to address its challenges. With Domo, Stance was able to see all its critical data in one place and understand how every arm of the business was affecting each other. This eliminated the need for guesswork and ensured that all leaders were speaking the same language. Domo also provided Stance with a comprehensive inventory system. As a retailer often reliant on performance-based lines of credit, Stance could now track performance by product category, type, style, and other parameters to procure the right inventory at the best rates. Furthermore, Domo's real-time reports allowed the CEO to focus on the things that matter and ignore all the things that are happening just like they are supposed to. Read More Log in to view content
Contents

Technology Category

Application Infrastructure & Middleware - Data Visualization

Functional Applications - Inventory Management Systems

Applicable Industries

Retail

Applicable Functions

Sales & Marketing

Warehouse & Inventory Management

Use Cases

Inventory Management

Supply Chain Visibility

Services

Data Science Services

Challenge

Stance, a leader in the retail segment, was facing challenges in spotting key trends in its business. The company was unable to combine disparate data sources into one centralized location, which hindered its ability to track real-time, comprehensive inventory levels. Furthermore, Stance lacked the capability to easily compare performance across all dimensions of the business. This lack of visibility and understanding of how every arm of the business was affecting each other was a significant obstacle.

About Customer

Stance is a company based in San Clemente, California, operating in the retail industry. The company is dedicated to the spirit of individuality, with a design philosophy that believes in expression and function. Stance prioritizes building outstanding socks with the best fit and performance characteristics from the highest quality materials. As a leader in a booming retail segment, Stance was setting plenty of trends when it came to making socks. However, it was having a difficult time spotting key trends in its business.

Solution

Stance implemented Domo, a data visualization and real-time reporting tool, to address its challenges. With Domo, Stance was able to see all its critical data in one place and understand how every arm of the business was affecting each other. This eliminated the need for guesswork and ensured that all leaders were speaking the same language. Domo also provided Stance with a comprehensive inventory system. As a retailer often reliant on performance-based lines of credit, Stance could now track performance by product category, type, style, and other parameters to procure the right inventory at the best rates. Furthermore, Domo's real-time reports allowed the CEO to focus on the things that matter and ignore all the things that are happening just like they are supposed to.

Impact #1	Stance now has one place where all its KPIs live, eliminating the need for guesswork and ensuring that all leaders are speaking the same language.
Impact #2	Stance can now track performance by product category, type, style and whatever else they want in order to procure the right inventory at the best rates.
Impact #3	Domo allows the CEO to focus on the things that matter and ignore all the things that are happening just like they are supposed to.

Impact #1

Stance now has one place where all its KPIs live, eliminating the need for guesswork and ensuring that all leaders are speaking the same language.

Impact #2

Stance can now track performance by product category, type, style and whatever else they want in order to procure the right inventory at the best rates.

Impact #3

Domo allows the CEO to focus on the things that matter and ignore all the things that are happening just like they are supposed to.

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Overview

Stance's Transformation with Domo

Operational Impact