Planning, merchandising and supply chain solution provider Predictix today announced that Crate and Barrel is implementing a broad suite of its planning solutions, including Merchandise Financial Planning/Merchandise Financial Management, Assortment Planning and Item Planning.
The Predictix solutions are being deployed across all Crate and Barrel brands — Crate and Barrel, CB2 and The Land of Nod — and will go live this quarter as part of a strategic plan to optimize the retailer's planning processes, according to the announcement.
Predictix said it is delivering an integrated suite of cloud-based solutions for Crate and Barrel that unifies all merchandise, assortment and item planning decisions and breaks down the silos between planning and forecasting. The Predictix solutions are built upon the Predictix Adaptive Platform for Intelligent Decisions, which includes a common forecasting engine across all applications, predictive analytics, retail science and the elasticity and computing power of the cloud.
The company also said it is providing the capability to adapt to the complex requirements and precise needs of each of Crate and Barrel's brands and channels — including retail stores, online and catalog sales, franchises, international locations and outlets — while offering a consistent set of solutions to run all aspects of its rapidly growing business.
"Predictix is providing Crate and Barrel with a set of strategic planning solutions that are unique to our business," said Aaron Rose, senior director, merchandise operations and strategic planning, Crate and Barrel. "We anticipate immediate business results that will benefit our customers, given the agility of the planning solutions and the speed with which the Predictix team has worked to configure and deliver applications that meet our exact needs."
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