Target and Algo have expanded their partnership, enhancing collaboration across suppliers and categories — ranging from books and home goods to apparel and footwear.
Target’s supply chain challenges
Retailers face significant challenges in managing varied supply chain models and demand profiles for different product segments, making it difficult for merchandise teams to align planning requirements and meet consumer needs effectively.
Algo’s solution for Target
Algo’s configurable demand planning and allocations platform leverages the MS Azure Intelligent Cloud to execute AI/ML forecasting and create virtual allocations. This advanced technology allows Target to efficiently manage demand planning, forecasting, allocations, and replenishment orders across a wide range of departments, including fashion, toys, home entertainment, books, technology, homewares, and health & beauty.
By using Algo, Target benefits from a unified environment that streamlines the management of various planning cycles and activities, ensuring optimal coordination and efficiency within these diverse departments.
Target’s results
Retailers face significant challenges in managing varied supply chain models and demand profiles for different product segments, making it difficult for merchandise teams to align planning requirements and meet consumer needs effectively.
« En comblant le fossé entre différents départements tels que la planification de la demande, le merchandising, la supply chain et les opérations, des solutions telles qu'Algo garantissent que toutes les décisions sont prises de manière concertée, favorisant ainsi une coordination fluide tout au long de la supply chain. La capacité à collaborer de manière fluide, tout en raccourcissant la distance entre les opportunités et les actions, stimule véritablement l'innovation et crée de nouvelles opportunités dans l'entreprise.
La solution Algo intègre les données, la simulation et l'intelligence humaine pour prédire avec précision la demande des clients, rationaliser les opérations et assurer l'équilibre des stocks. La force d'Algo dans l'analyse des données offre des informations précieuses qui permettent à votre commerce de détail de rester à la pointe d'un marché compétitif. “
Nicole Szujda
Former General Manager of Merchandise, Target
“Target and Algo have expanded on our partnership continuing to build on the strong relationship within the books category. Continuing to leverage the spirit of collaboration across suppliers, Target and Algo, leveraging the Algo system to improve store by product allocations and to partner with Algo to solve business problems and innovation. We are very excited to continue this journey both for locally replenishment and overseas orders as well as expanding across categories from traditional areas like home and toys to apparel, footwear and accessories.”
Nicole Szujda
Former General Manager of Merchandise, Target
