Content about Predictive analytics

April 18, 2013
Predictix appoints new EVP and chief scientist

Supply chain solutions company Predictix has appointed Ronald P. Menich, Ph.D., as its new EVP and chief scientist.

ATLANTA — Supply chain solutions company Predictix has appointed Ronald P. Menich, Ph.D., as its new EVP and chief scientist. 

Predictix provides retailers and brands with platforms and tools that enable them to drive competitive advantage and market differentiation. 

July 25, 2012
The Limited turns to First Insight for predictive analytics

Fashion retailer The Limited just got smarter about its purchasing and pricing decisions.

Fashion retailer The Limited just got smarter about its purchasing and pricing decisions.

First Insight, a provider of predictive analytics, announced that it had reached an agreement with The Limited to provide predictive analytics for selecting and pricing new products. The company did not elaborate further on the extent of its relationship with The Limited.

June 21, 2012
Saks does analytics deal with First Insight

New predictive analytics tools are being used at Saks Off 5th stores to help the company make smarter merchandising decisions.

NEW YORK — New predictive analytics tools are being used at Saks Off 5th stores to help the company make smarter merchandising decisions.

The retailer is using tools provided by First Insight to generate insights from online customer engagement to help it make faster and more accurate buying and pricing decisions for new products, according to First Insight. The Pittsburgh-based company said the predictive analytics it generates will help the company reduce markdowns, out of stocks and mitigate the risks associated with new product launches.