News | January 13, 2014

The Home Depot Rolls Out Predictix Assortment Planning Applications

Predictix today announced that The Home Depot has implemented the Predictix assortment application suite, including modules for analytics, planning, and in-season management. The Home Depot is the world’s largest home improvement specialty retailer, with 2,262 retail stores in all 50 states.

The Predictix assortment solution lets retailers create robust assortments to meet customer demand and optimize sales and margins. It enables users to spend less time analyzing past history and more time doing forward-looking planning and analysis, including modeling options and creating and managing assortments by store clusters and demographics. Like all Predictix applications, it is cloud-based and able to process extremely high volumes of data very quickly.

“The Predictix tool provides a seamless ability to evaluate assortment changes at both the national and local level,” said Steve Huth, vice president – The Home Depot merchandising. “The flexibility of this solution enabled integration with internal systems. This provides our merchants tools to evaluate and execute decisions quickly, in turn enabling an increased service to our customers.”

“The Home Depot is a worldwide leader in the retail industry, and Predictix is proud to be working with them," said John Simon, CEO of Predictix. “Our assortment planning solution provides a foundation that will enable a number of further decision support and business process improvements. We look forward to continuing to support The Home Depot for years to come."

About Predictix
Predictix solutions are helping retailers make better decisions for more than 8 billion store-SKU combinations generating $168 billion in annual sales. We’re the foremost provider of predictive analytics solutions for retailers, harnessing the unlimited computing power and elasticity of the cloud to solve the toughest problems in planning, merchandising and supply chain.  We help them sense, shape and respond to demand. Predictix applications were designed and built from the ground up to take advantage of big data and the latest high-performance retail science. The results are changing the way leading retailers do business. Our unified decision support platform enables real-time, accurate insights that shape better decisions, improve agility, and reduce risk. Learn more at www.predictix.com.

Source: Predictix