Australian Jewelry Brand to Leverage AI-Driven Tools to Support its Global Expansion
Impact Analytics™, the leader in end-to-end AI-native planning, merchandising and pricing solutions for the retail, grocery, and CPG industries, announced that it has partnered with Australian fashion jewelry brand Lovisa to deliver data-driven insights, improve forecasting accuracy, enhance inventory management, and ultimately deliver a superior customer experience. Through this partnership, Lovisa will leverage the Impact Analytics fully-integrated suite of planning, supply chain, merchandising, pricing and business intelligence tools including PlanSmart, AssortSmart, InventorySmart, SpaceSmart, MondaySmart and more. Lovisa is in the midst of a global expansion, growing from 400 to nearly 1,000 stores in 44 countries in just five years.
Read More: SalesTechStar Interview with Mark Connon, CEO of Bombora
“Impact Analytics is the ultimate partner to lead our transformation into a data-driven enterprise, revolutionizing planning, clustering, assortment, allocation, replenishment, and space optimization. With their cutting-edge AI platform and unparalleled expertise, they will empower us to make smarter decisions and unlock maximum operational efficiency and value,” said Chief Merchandising Officer, Bianca Featherston at Lovisa. “The company’s unified, AI-driven solutions will empower Lovisa with the precise insights needed to optimize inventory planning and management, enabling us to meet our customers’ needs with unparalleled accuracy and efficiency.”
Read More: The Evolution Of Automated List Building From Manual Segmentation To AI-driven Personalization
Impact Analytics provides an entire suite of retail AI solutions that help retailers increase top-and bottom-line performance by optimizing planning, pricing and promotion, inventory management, and automated intelligence. Their AI-native retail solutions are easily integrated into existing merchandising systems to empower machine learning and artificial intelligence to drive data-driven decision-making.
“We’re excited to partner with Lovisa as they embark on this transformation and continue their global expansion,” said Prashant Agrawal, Founder and CEO, Impact Analytics. “Our AI-native tools will empower them to scale their business as they expand their global footprint. With our support, Lovisa will have the data they need to make more informed planning, forecasting, and inventory management decisions, leading to a better customer experience as well as improved revenue and profits.”
