The Power of Data in Transforming Your Merchandise Planning: A Burberry Perspective

In today's fast-paced retail environment, having access to accurate and timely data is essential for effective decision-making. In this session, Burberry shares how a single, unified planning approach can support common, yet flexible business process, ensuring that all departments can work collaboratively while retaining the agility to adapt to the unique needs of the luxury retail market and customer. Key Takeaways: Ultra informed planning with data-driven approaches Agility: Adopt new operating models and planning strategies, adapting merchandising to support significant changes in range and assortment strategy Differentiation: Enhance your ability to meet customer needs by gaining deeper insights through frequent and detailed updates on channel and store performance, enabling a more tailored approach to customer preferences and behaviours. Efficiency: Utilize decision intelligence to automate exception handling and high number of decisions points to quickly identify and resolve issues, minimizing disruptions and ensuring smooth execution of plans