Success case
Fast Fashion: price
optimisation in the outlet
The challenge
A fast fashion brand uses the outlet to sell stock left over after the sales period. Periodically, promotions are designed to sell out the different products.
Objectives
To develop a business decision support tool that allows, once the type of promotion has been specified, to identify which garments will be part of the promotion and the optimal discount to be applied individually.
In a dynamic way, the profit obtained in the outlet during the season is maximised.
Services performed
- Time series Forecast
- Gradient Boosting
- Optimisation
- AWS
- Databricks
- MongoDB
- Apache Airflow