July 10, 2023
1 read min
DALLAS, 10 July, 2023 — o9 Solutions, a leading enterprise AI software platform provider for transforming planning and decision-making, today announced that URBN, a portfolio of global consumer brands comprised of Urban Outfitters, Anthropologie, Free People, FP Movement, Anthropologie Weddings, Terrain, Menus & Venues and Nuuly, is partnering with o9 on its digital transformation journey with the selection of a next-generation merchandise planning solution.
Urban Outfitters will deploy o9’s AI-powered Merchandise Financial Planning, Assortment Planning, Demand Planning, Allocation and Replenishment capabilities to optimize decision-making and profitability by quickly adapting to trends, seasonality, stock positions, promotions and the unique demand drivers of the brands in its portfolio. With o9, URBN will be equipped to determine the optimal product mix across channels, regions and stores; integrate predictive analytics, assumptions visibility and collaboration; as well as utilize advanced allocation and replenishment optimization techniques to proactively position inventory to meet consumer demand.
“To position URBN for long-term sustainable and profitable growth, we embarked on an extensive review of the retail software market to digitally transform our end-to-end merchandising strategy. It’s clear that o9 is a solution leader in fashion apparel planning. We look forward to working with o9’s superior technology and highly knowledgeable and experienced team to ensure we continue to meet the demand of our customers and grow market share across all of our brands,” said Rob Frieman, CIO, URBN.
Chakri Gottemukkala, Co-Founder and CEO of o9 Solutions, said, “Swiftly changing customer demand in an unpredictable market means that retailers everywhere are turning to next-generation technology to capture customer intent and drivers, gain access to deeper insights and proactively deliver the right product assortment across all channels. We look forward to supporting URBN’s mission to transform its merchandising strategy with our highly scalable and proven AI-powered merchandising solution.”
About the authors
o9
The Digital Brain Platform
o9 Solutions is a leading Enterprise Knowledge and AI-powered platform helping companies build Agile, Adaptive & Autonomous Planning & Execution Models for transforming enterprise decision-making in environments of rising volatility and uncertainty. Whether it is improving forecast accuracy, matching demand and supply and driving collaboration across the multi-tier supply chain to improve resilience at optimal costs and inventory, or optimizing new product and commercial initiatives to drive revenue growth and margins, decision-making processes from long-range to tactical to execution horizon can be made faster and smarter and connected on o9’s Digital Brain Platform.
o9 brings together game-changing technology innovations — such as innovative enterprise knowledge graph modeling, big data analytics, advanced algorithms for forecasting, demand/supply balancing, scenario planning, real time learning, collaboration, generative and agentic AI, easy-to-use interfaces and cloud-based delivery, and innovative management methods — as well as organization, process and change management best practices to transform decision-making speed and intelligence.
