Introduction to Academy Sports + Outdoors
It has been 80 years now and the Academy Sports + Outdoors has been proudly been the top choice among people as a very trustworthy and authentic sporting goods retailers of United States. With around 283 shops across different states and three distribution centers, their goal has been clear from the start that is to be one of best premier level sports and outdoors retailer in US.
Inventory Analytics and Business Overview
Before the partnership with that of Invent Analytics, Academy Sports + Outdoors once faced working challenges and problems even though they implemented a new ERP system, technicalities and allotment systems they tried to increase their performance as a high grade merchandiser of outdoors and sports apparels while their consistent efforts on increasing inventory and productivity and the whole execution process.
Selection process and it’s impact
Their selection and choosing structure prioritize giving prominent financial outcome and creating a very long-term satisfaction for the customers. Eventually Invent Analytics stood test of time as the perfect partners because to its new creative technology and future seeing capabilities by offering the conviction as well as smart results that were required.
Problem analyzation and It’s Effective Solution
To successfully reach their goals they started a pilot project which has a fast three-step working:
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- Past Analysis and It’s Simulations: Using the Invent analyzing process they made categories based on most prominent optimization approaches and conducted live A/B real time tests for simulation validation.
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- Live-Market Testing: Repetitive testing at across 50 stores in 13 different categories solidifies the whole system’s efficiency plus this leads to higher profit margins
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- Final product: After the successful pilots they moved 100% of their final items to Invent Analytics, reaching prominent financial impact and exceeding initial product goals.
Key Improvements
As the result of their collaboration with the Invent Analytics, Academy Sports + Outdoors made remarkable outcomes:
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- High Quality Products and Improved Sales: remarkable enhancements in the inventory levels and increased sales.
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- Sales and Margins Impact: by achieving higher overall sales and eventually leading to the higher profits and much lower inventory.
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- Systematic Operations: Well organized inventory overhead, perfect stock orders and very minimal in-store product issues.
High Value and Structured Planning
In a very short time, they achieved very high results , with the completion of pilot projects and final product launches on it’s basis.it took a few months to complete everything and overall the Invent Analytics various capabilities turned out to be invaluable during the holiday seasons as well which enabled them to meet the customer growing demands more efficiently and effectively and minimizing the various operational challenges.
Professional level work and Optimization
All in all their partnership with the Invent Analytics has turned out to be outstanding by implementing a collaborative and multipurpose approach. The specific platform of use turned out to be super helpful and result oriented as it drove the teams for making data analyzation based decisions to get the continuous improvement and contributing our venture’s financial and long term goals.
Academy Sports + Outdoors has an unbreakable bond and partnership with Invent Analytics as they consider them as the catalyst for newness and growth in this super competitive market.
In conclusion, their overall experience with the Invent Analytics team has been perfect and growth oriented which actually drove great results and enhanced their ability of delivering outstanding products for their valuable customers.