Belk, the Southern U.S. department store chain in the midst of a multi-year $150 million business/IT transformation effort, has selected SAS Integrated Merchandise Planning to make more productive use of its inventory and create more sharply localized assortments at its 304 stores.
The SAS suite includes applications for size optimization, demand forecasting, merchandise financial planning and merchandise in-season management, encompassing multiple functions such as assortment planning and price, size and space optimization. The solution set will enhance Belk’s ability to forecast demand for specific merchandise characteristics such as size, color and style.
“With SAS demand forecasting and planning we’ll make more productive use of our inventory and reduce supply chain risk,” said Amy Wooden, Belk’s EVP of Merchandise Planning in a statement. “Bottom line, we anticipate our strategic use of SAS will deliver significant annual payback.”