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It’s All in Your Data
An Inside Look at Aéropostale’s Advanced Analytics Strategy
Welcome!
© 2018 Celect, Inc. All Rights Reserved.2
Karen Walter
SVP of Planning & Allocation
Todd Harris
Director of Marketing
Who’s who?
© 2018 Celect, Inc. All Rights Reserved.3
60% Specialty
3% E-Commerce
3% Off-Price
18% Monobrand
7% Discount Store
9% Department Store
Some background first
• Reveal location specific demand for a
product assortment through advanced
analytics
• Inventory optimization for merchandise
planning and supply chain
• An MIT Artificial Intelligence Lab Top 50
Technology Innovation
© 2018 Celect, Inc. All Rights Reserved.4
What we’ll cover today
1. The importance of advanced analytics for Aéropostale
2. Changes in expectations of Planning & Allocation
professionals
3. How to balance new technologies with existing business
process
4. How to gain internal support for driving new initiatives
© 2018 Celect, Inc. All Rights Reserved.5
Takeaways
© 2018 Celect, Inc. All Rights Reserved.6
Our guests had decided for us—their expectations
changed; technology was the accelerant.
— Brian Cornell, CEO, Target
Make a smaller investment to test; learn what you need
to learn; validate what you need to validate.
(to gain confidence across the organization)
— Dana Randall, Head of Innovation, Tapestry
© 2018 Celect, Inc. All Rights Reserved.7
What’s your background and have you
always been in retail?
Q
© 2018 Celect, Inc. All Rights Reserved.8
Who was one of your biggest influencers as
you moved through your career?
Q
© 2018 Celect, Inc. All Rights Reserved.9
During the last 15 years in the industry, have
you seen anything like what retail has been
going through lately?
Q
© 2018 Celect, Inc. All Rights Reserved.10
Emerging
technologies
Evolution of malls
Retail is a dynamic industry that reflects
the world we live in
Consumer
preferences
Vast amounts of
data
© 2018 Celect, Inc. All Rights Reserved.11
Can you breakdown the changes you have
seen in the Planning & Allocation end of the
business?
Q
© 2018 Celect, Inc. All Rights Reserved.12
What’s the process like internally when
considering business process changes or
new technology adoptions?
Q
It all starts with knowing the problem.
© 2018 Celect, Inc. All Rights Reserved.13
Closing the gap for new technology adoption
© 2018 Celect, Inc. All Rights Reserved.
Identify the
problem
Cross-functional
buy in
Shop for
solutions
Provide metrics
and results
Solidify financial
plan
#Commit2
© 2018 Celect, Inc. All Rights Reserved.15
© 2018 Celect, Inc. All Rights Reserved.16
How have advanced analytics impacted
your role?
Q
© 2018 Celect, Inc. All Rights Reserved.17
Can you share any of the successes you
have had so far?
Q
KEY TAKEAWAYS:
1. Know what problem you are trying to solve
2. Do your research
3. You must get cross-functional buy-in
© 2018 Celect, Inc. All Rights Reserved.18
THANK
YOU!
© 2018 Celect, Inc. All Rights Reserved.19
Questions?
info@celect.com
More webcasts and information
celect.com/resources
Twitter
@celect

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It's All in Your Data: An Inside Look at Aéropostale’s Advanced Analytics Strategy

  • 1. It’s All in Your Data An Inside Look at Aéropostale’s Advanced Analytics Strategy
  • 2. Welcome! © 2018 Celect, Inc. All Rights Reserved.2 Karen Walter SVP of Planning & Allocation Todd Harris Director of Marketing
  • 3. Who’s who? © 2018 Celect, Inc. All Rights Reserved.3 60% Specialty 3% E-Commerce 3% Off-Price 18% Monobrand 7% Discount Store 9% Department Store
  • 4. Some background first • Reveal location specific demand for a product assortment through advanced analytics • Inventory optimization for merchandise planning and supply chain • An MIT Artificial Intelligence Lab Top 50 Technology Innovation © 2018 Celect, Inc. All Rights Reserved.4
  • 5. What we’ll cover today 1. The importance of advanced analytics for Aéropostale 2. Changes in expectations of Planning & Allocation professionals 3. How to balance new technologies with existing business process 4. How to gain internal support for driving new initiatives © 2018 Celect, Inc. All Rights Reserved.5
  • 6. Takeaways © 2018 Celect, Inc. All Rights Reserved.6 Our guests had decided for us—their expectations changed; technology was the accelerant. — Brian Cornell, CEO, Target Make a smaller investment to test; learn what you need to learn; validate what you need to validate. (to gain confidence across the organization) — Dana Randall, Head of Innovation, Tapestry
  • 7. © 2018 Celect, Inc. All Rights Reserved.7 What’s your background and have you always been in retail? Q
  • 8. © 2018 Celect, Inc. All Rights Reserved.8 Who was one of your biggest influencers as you moved through your career? Q
  • 9. © 2018 Celect, Inc. All Rights Reserved.9 During the last 15 years in the industry, have you seen anything like what retail has been going through lately? Q
  • 10. © 2018 Celect, Inc. All Rights Reserved.10 Emerging technologies Evolution of malls Retail is a dynamic industry that reflects the world we live in Consumer preferences Vast amounts of data
  • 11. © 2018 Celect, Inc. All Rights Reserved.11 Can you breakdown the changes you have seen in the Planning & Allocation end of the business? Q
  • 12. © 2018 Celect, Inc. All Rights Reserved.12 What’s the process like internally when considering business process changes or new technology adoptions? Q
  • 13. It all starts with knowing the problem. © 2018 Celect, Inc. All Rights Reserved.13
  • 14. Closing the gap for new technology adoption © 2018 Celect, Inc. All Rights Reserved. Identify the problem Cross-functional buy in Shop for solutions Provide metrics and results Solidify financial plan
  • 15. #Commit2 © 2018 Celect, Inc. All Rights Reserved.15
  • 16. © 2018 Celect, Inc. All Rights Reserved.16 How have advanced analytics impacted your role? Q
  • 17. © 2018 Celect, Inc. All Rights Reserved.17 Can you share any of the successes you have had so far? Q
  • 18. KEY TAKEAWAYS: 1. Know what problem you are trying to solve 2. Do your research 3. You must get cross-functional buy-in © 2018 Celect, Inc. All Rights Reserved.18
  • 19. THANK YOU! © 2018 Celect, Inc. All Rights Reserved.19 Questions? info@celect.com More webcasts and information celect.com/resources Twitter @celect

Editor's Notes

  1. Celect helps retailers understand the location specific demand for a product and how the demand for that product is impacted by the assortment around it. Understanding this allows retailers to make smarter decisions about the products they offer their customers, how much inventory they buy, where they put products to sell, and where they ship from.
  2. During the last 15 years in the industry, have you seen anything like what retail has been going through lately? I have stayed in retail because of how dynamic the industry is.  The changes that are happening in the world are all reflected in retail.   Technology, information, consumer preferences, the evolution of the mall, and the change from bragging about how much you spent to bragging about the bargain you got
  3. What’s the process like internally when considering business process changes or new technology adoptions? It all starts with the question/ problem you are trying to solve for Then you need to get broad cross functional buy in and support Then you need to shop around and talk to as many people who you can to find the best solutions Then you need to prove why this technology would help, and then prove it did help Then you need to sign up for the financial benefits in your plan to pay for it all #Commit2
  4. The approach used internally to further support and commitment for using Celect – and other goals.