CGS announced that it is sponsoring and participating in the Apparel Magazine webinar, "Predicting the Trends: How to Turn Your Fashion Data into Actionable Intelligence," on Tuesday, May 24, at 10 a.m. EDT. The panel of industry experts will include: Keith Carter, an actionable intelligence expert and author; Abe Kassin, vice president of operations from LT Apparel; Jill Mazur, WWA advisor consultant; and Jason Roth, CGS vice president of applications.
Over the last several years, big data, analytics and business intelligence (BI) have crossed over into the fashion and apparel world at a rapid pace. With this infiltration of information the real challenge for executives has been how to easily, effectively and proactively gather, analyze and act on their in-house and global supply chain data. This data is from a multitude of areas, including store operations, abandoned online shopping carts, product development, production, EDI and warehousing. As a result, the fashion industry has been data rich but information poor. CGS's recent survey of fashion and apparel professionals echoed the importance of leveraging actionable data with 92 percent of respondents planning to maintain or increase their investments in reporting, analytical and intelligence solutions.
During the Apparel Magazine webinar, the panel of operations and technology executives, industry analysts and predictive analytics experts will discuss how apparel companies can create actionable intelligence (AI) from their data. The experts will share best practices, tips, advice and real-world scenarios, diving into how attendees can leverage next-generation AI solutions to:
- Deliver quick, meaningful queries and reports
- Generate better business visibility and problem-solving with real-time results
- Make better and faster business decisions using data-driven insights
- Switch from spreadsheet-based data and reports to real-time dashboard-based analytics
"Fashion and apparel executives are familiar with big data and BI, but this year they must become well-versed in AI to anticipate trends, derive meaningful insights and create better visibility into their supply chains," said WWA's Mazur. "The Apparel Magazine webinar promises to be an important discussion for apparel industry executives looking to leverage next-generation AI to improve everything from production to order management, customer service and sales, ultimately becoming a more efficient and streamlined operation."
"As competition in the fashion and apparel world increases, business leaders require smarter, more-robust reporting and integrated analytics coupled with actionable intelligence capabilities to make better, timelier strategic business decisions," said Paul Magel, president, Business Applications and Technology Outsourcing, CGS. "With more than 30 years of apparel experience, our CGS BlueCherry team is well-aware of industry challenges and trends. We are excited to bring together this expert panel with hands-on experience to discuss how the next-generation of AI solutions will help brands to drive revenue, improve operations, reduce costs and meet business objectives."
