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Children’s Place selects Quantum Analytics for Size and Pack

5/5/2015

Minneapolis -- Quantum Retail Technology, a provider of merchandise optimization and inventory solutions for retail, announced that The Children's Place has selected Quantum's Q Analytics for Size and Pack Optimization. The solution joins The Children's Place's implementation of Quantum's Q for Allocation and Replenishment, due to go live this year, and their planned implementation of Quantum's Q for Order Planning.



"The Children Place's partnership with Quantum Retail represents our most recent commitment to leveraging highly innovative solutions to better manage the demands of the evolving retail landscape," said Jason McAndrew, chief transformation officer and head of marketing for the Children's Place. "Quantum's insights into customer demand will help us meet our inventory management objectives. Q gives us a granular view to future store level performance that we can integrate with our omnichannel strategies to ensure we are leveraging our inventory most optimally to meet the expectations of our customers."



The expected benefits are further enhanced with Q Analytics for Size and Pack. This software service calculates size profiles by item based on customer demand and then calculates the optimal store pack configuration of merchandise to help align the buying quantity and pack distribution with projected store need.



"Quantum is able to take existing data, push it through their analytics platform and give us decision level information that we can immediately use to improve our buying decisions," added McAndrew. "The quality, speed and consistency Quantum brings us will add significant value to the business going forward."


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