Project Description
Enterprise Intelligence Optimizes Planning Results with Unique Hypercube Capability
The Parker Avery Group makes significant enhancements to firm’s industry-leading demand planning solution, focused on driving collaboration and meaningful KPI consumption
ATLANTA, GA — August 31, 2023 — The Parker Avery Group, a leading retail and consumer brand consulting and analytics firm, recently instituted major upgrades to the firm’s advanced analytics solution. With these enhancements, Enterprise Intelligence surpasses competing planning systems’ functionality across several capabilities.
In addition to providing a highly engaging planning user interface, unrivaled forecast accuracy, and intuitive task management features, the platform enables a highly unique ‘hypercube’ concept. The Enterprise Intelligence hypercube dynamically slices product, geography, and channel hierarchies, driving unparalleled visibility and collaboration around a single demand signal. This dynamic view across varying time horizons and granularity results in vastly improved and streamlined planning, even when a company’s constituents plan around different metrics.
At the heart of Enterprise Intelligence is Parker Avery’s demand analytics platform, designed exclusively for the retail and consumer goods industries. Using advanced artificial intelligence (AI), sophisticated machine learning (ML) modeling, and reinforcement learning (RL), Parker Avery’s solution delivers enterprise-wide, connected demand planning through a unified demand signal. The platform’s open-source structure delivers industry-leading performance and scalability, resulting in an exceptionally reliable and accurate prediction of demand. This applies to all product, location, and channel hierarchies, across all timeframes. Enterprise Intelligence also empowers users to conduct near real-time ‘what-if’ analyses and collaborate across different departments to make iterative improvements.
We designed Enterprise Intelligence to drive an improved and continuously collaborative enterprise planning process that enables each function to provide input and consume results at their preferred aggregation level and metric.
– Sam Iosevich, Chief Analytics Officer and Managing Partner
The firm’s demand analytics platform has already been deployed in several dominant global retailers since its initial launch in mid-2020. “Our enhancements address the varying ways merchants and planners need to view and analyze their demand planning data by giving them immense flexibility, relevant detail, and ‘what-if’ scenario planning in an easy-to-navigate experience,” says Sam Iosevich, Parker Avery’s Chief Analytics Officer and Managing Partner. “We designed Enterprise Intelligence to drive an improved and continuously collaborative enterprise planning process that enables each function to provide input and consume results at their preferred aggregation level and metric.”
Moreover, Parker Avery’s analytics team continues to enhance the platform in collaboration with tenured analytics experts, partnerships with global brands, industry consulting professionals, and relationships in mathematics academia. Business results are bolstered by Parker Avery’s business process and change management expertise to ensure end-user adoption and optimal use of the solution.
About Parker Avery
The Parker Avery Group is a retail and consumer goods consulting firm that helps clients transform through the infusion of deep industry experience with strategy development, business process design, change management, advanced analytics, and solution implementation. The company’s roster of clients includes many of the world’s most prominent retail and consumer brands.
To learn more about The Parker Avery Group, please visit https://parkeravery.com.