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Stylumia brings the latest blogs on Color AI, Retail AI, Fashion AI & Ecommerce AI with the help of data-driven insights
Fly Light In Fashion Demand Forecasting | Learn From Nature
Last week I was listening to Minal Mehta, Head of Product at YouTube, she mentioned about how birds use “drafting” to travel long distances with ease. This trigged the curiosity in me. Fashion Demand Forecasting is also a long journey to realise the outcomes. The journey is getting more challenging by the day. How do […]
A Fundamental Flaw In Inventory Optimisation For Fashion
Inventory optimisation for fashion is a top priority for leaders now. The inventory if not managed well, can break any fashion business. In this edit, we look at a fundamental metric for assessing the performance of products. The inconsistencies in measuring True DemandTM and how it impacts all inventory optimisation actions. “human beings have a […]
Advanced Analytics For Fashion | SAP and Stylumia Possibilities
As a part of SAP.iO Foundry, Berlin data and analytics program, SAP Senior Director Jason Boyer and Ganesh Subramanian, Founder & CEO of Stylumia came together on a webinar on SAP + Stylumia joint advanced analytics possibilities for brands and retailers in fashion. Here are the full recording and transcript. Here is the full transcript […]
Demand-Science™ for Fashion | Paradigm Shift In Demand Forecasting
Customer expectations are changing faster than ever before. Retail operation and execution have changed. However, product and inventory decision making remains unchanged for years. Therefore, there is a need for a paradigm shift in the approach to the fashion business. This paradigm shift is the invention of demand science for fashion. State Of Fashion Retail […]
The Tyranny Of Convenience | A Blinder To True Demand Forecasting
Demand forecasting and its accuracy is more relevant in the post covid era than ever before. It is a danger and a blinder if we do not get the depth of what demand is. It is not a surprise that the fashion industry produces a huge amount of goods unwanted by consumers. The causation lies […]
Two Way Conversation With Consumers Through Predictive Analytics
Sense and Respond is the new way to win consumers in the era of digital technology. A two-way conversation with the market requires a thinking shift in organizations. There is a need to move from the engineering model (the industrial organization) to this new model. Predictive analytics and advanced analytics come in handy in transforming […]
Are You Guided By Fashion Intelligence Noise (Or) Signal?
Two-thirds of fashion made in the world do not meet demand as per forecast. This is too significant a gap to ignore. This is happening year after year. The impact is serious economic and environmental wastage. This is not a black swan event, but an elephant in the room. This edit is an attempt to […]
How Cognitive Biases Impact Fashion Inventory Optimization
Fashion inventory optimization is critical to whether a brand or retailer perishes or thrives. Fashion business needs a good amount of judgment. With aesthetic play and constant change, the intensity of judgements is higher than relatively stable product groups. Over 50% of products made globally are rejected by consumers. This is creating a huge economic […]
New Balance Partners with Stylumia for Intelligent Assortment Planning
Product is the most important investment for any fashion, lifestyle, and sports brand. It is important to make the right bets looking at consumer trends. Here is how New Balance, a leading global athletic brand from Boston is bringing intelligent assortment planning using Stylumia. (This article is reproduced from sourcing journal) Inventory planning, particularly in […]
Reinvent Fashion Business With The Superpower Of Doubt
All transformations and progress in human life have happened always with doubt, not with certainty. Doubts lead to questions and we live in a world our questions create. The same is true for any business and you can reinvent fashion business through the same principle. Doubt is an uncomfortable condition, but certainty is a ridiculous […]
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