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John Andrews

๐Ÿ‘ค Speaker
169 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1020 Urban Outfitters Inventory Management Tool Breaks $6m in ARR

And if you think about that, if you think about that process on the planning side, right, what we're helping retailers figure out is very specific as they're making their strategic planning decisions, if they're figuring out how much inventory dollars to put towards

SaaS Interviews with CEOs, Startups, Founders
1020 Urban Outfitters Inventory Management Tool Breaks $6m in ARR

You know, following the trends and understanding where understanding where the demand is right.

SaaS Interviews with CEOs, Startups, Founders
1020 Urban Outfitters Inventory Management Tool Breaks $6m in ARR

Understanding should I be going bigger into women's clothes versus men's clothes at the macro level and then figuring out, you know, something just as specific as attributes of specific items for shoes.

SaaS Interviews with CEOs, Startups, Founders
1020 Urban Outfitters Inventory Management Tool Breaks $6m in ARR

Should I be going with.

SaaS Interviews with CEOs, Startups, Founders
1020 Urban Outfitters Inventory Management Tool Breaks $6m in ARR

riding boots versus ballet slippers and what colors are trending, et cetera.

SaaS Interviews with CEOs, Startups, Founders
1020 Urban Outfitters Inventory Management Tool Breaks $6m in ARR

There's, you know, as you mentioned a minute ago, the combinatorial explosion of all of the different decisions that need to be made and the attributes associated with that in terms of, you know, trends changing, the amounts that need, they need to spend.

SaaS Interviews with CEOs, Startups, Founders
1020 Urban Outfitters Inventory Management Tool Breaks $6m in ARR

It's incredibly complex.

SaaS Interviews with CEOs, Startups, Founders
1020 Urban Outfitters Inventory Management Tool Breaks $6m in ARR

The way that these decisions are made today is generally based on gut instinct and Excel spreadsheets, right?

SaaS Interviews with CEOs, Startups, Founders
1020 Urban Outfitters Inventory Management Tool Breaks $6m in ARR

And

SaaS Interviews with CEOs, Startups, Founders
1020 Urban Outfitters Inventory Management Tool Breaks $6m in ARR

Our tagline is bringing science to the art of retail.

SaaS Interviews with CEOs, Startups, Founders
1020 Urban Outfitters Inventory Management Tool Breaks $6m in ARR

It very much still is an art form, especially with fashion retails, which is the area that we've had the most success.

SaaS Interviews with CEOs, Startups, Founders
1020 Urban Outfitters Inventory Management Tool Breaks $6m in ARR

So it's a good question.

SaaS Interviews with CEOs, Startups, Founders
1020 Urban Outfitters Inventory Management Tool Breaks $6m in ARR

There's a, there's a few elements here, right?

SaaS Interviews with CEOs, Startups, Founders
1020 Urban Outfitters Inventory Management Tool Breaks $6m in ARR

When people think about training, one of the things they think about is, is machine learning, right?

SaaS Interviews with CEOs, Startups, Founders
1020 Urban Outfitters Inventory Management Tool Breaks $6m in ARR

In terms of, you know, the, the data that you're bringing through and how are you, uh, how are you optimizing that model?

SaaS Interviews with CEOs, Startups, Founders
1020 Urban Outfitters Inventory Management Tool Breaks $6m in ARR

One of the things that we're doing is, uh, understanding it.

SaaS Interviews with CEOs, Startups, Founders
1020 Urban Outfitters Inventory Management Tool Breaks $6m in ARR

Sure.

SaaS Interviews with CEOs, Startups, Founders
1020 Urban Outfitters Inventory Management Tool Breaks $6m in ARR

You know, you can, you can look at a product that you're looking to sell and, and, uh, train the model to look at images of other products you sold or other data, right.

SaaS Interviews with CEOs, Startups, Founders
1020 Urban Outfitters Inventory Management Tool Breaks $6m in ARR

To kind of come up with a model that's important.

SaaS Interviews with CEOs, Startups, Founders
1020 Urban Outfitters Inventory Management Tool Breaks $6m in ARR

But more specifically, it's getting to a deeper level of detail in terms of understanding customer choice and customer preference.