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.
“By bridging the gap between various departments such as demand planning, merchandising, supply chain, and operations, solutions like Algo ensure that all decisions are in lockstep, fostering seamless coordination across the supply chain. The ability to collaborate seamlessly, while shortening the distance between opportunities and actions, truly drives innovation and new opportunities in the business.
Algo’s solution integrates data, simulation, and human intelligence to accurately predict customer demand, streamline operations, and ensure balanced inventory. Their strength in data analysis offers valuable insights that keep your retail business at the forefront of a competitive market. “
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
