Atlanta, September 29, 2016 – The Parker Avery Group and Antuit jointly announce the creation of a strategic partnership to enhance client adoption of and return on investment from advanced retail analytics solutions. The partnership combines Parker Avery’s retail strategy, implementation, change management and project management experience with Antuit's domain and analytics expertise, most notably in the areas of predictive analytics and pricing for retailers. Antuit’s acquisition of Prognos in 2015 deepened the company’s retail analytics and pricing capabilities.
Retailers are challenged to leverage increasing amounts of data with advanced analytics solutions to compete more effectively, become more customer-centric and improve overall margins. Parker Avery and Antuit have a solid history of jointly leading projects to improve these critical retail competencies.
“Our combined focus is helping retailers to improve their financial, allocation and replenishment planning by generating a single enterprise demand signal across the organization,” said Sam Iosevich, Executive Vice President,Prognos at Antuit. "This analytical foundation also provides the basis for better pricing decisions — from dynamic pricing to promotions to markdown optimization — allowing retailers to positively impact margin and inventory turns.”
“Antuit's extensive experience in retail and CPG, coupled with Parker Avery’s deep industry and consulting expertise, provides a solid foundation for our clients to adopt innovative practices and truly realize the benefits of advanced analytics," said Clay Parnell, Parker Avery’s President and Managing Partner. “Our partnership capitalizes on the strengths of both companies, enabling retailers and CPG companies to achieve meaningful business results.”
About Antuit
Antuit is a global analytics solutions provider primarily serving the retail & eCommerce, consumer products, and manufacturing & logistics industries. Since 2013, Antuit has been on a mission to help leading multi-national and high-growth companies predict, shape and fulfill demand. Combining deep domain expertise with proprietary solutions and technologies like machine learning and AI, Antuit delivers revenue and margin growth, improved supply chain efficiency, and enhanced customer experience.
About The Parker Avery Group
The Parker Avery Group is an Atlanta-based boutique strategy and management consulting firm focused on the retail industry. The firm’s professionals serve as trusted advisors to leading retail and apparel brands. Parker Avery specializes in merchandising, planning, supply chain and omnichannel business models, integrating customer insights and the digital retail experience with strategy, solution implementation and operational improvements to achieve retail business objectives. To find out more about the firm’s services and industry thought leadership, please email contact@parkeravery.com or visit www.parkeravery.com.