Pep Boys Deploys SPSS for Assortment Planning
CHICAGO--Aug. 7, 2006--SPSS Inc. , a leading worldwide provider of predictive analytics software, today announced that Pep Boys is using SPSS predictive analytics software to develop assortment planning models. Pep Boys is harnessing SPSS software to create forecast models for predicting future sales probability by part number and by store to create store-specific assortments.Pep Boys is the nation's leading automotive aftermarket retail and service chain, and operates 593 stores and more than 6,000 service bays in 36 states and Puerto Rico. Along with its vehicle repair and maintenance capabilities, the company also serves the commercial auto parts delivery market and is one of the leading sellers of replacement tires in the United States.
"SPSS predictive analytics software will help us to develop a store-level demand model which will yield substantially better category management for parts and a better in-stock position for our customers," said Robert Sammons, Vice President of Parts, Pep Boys.
"We're very proud that Pep Boys is deploying SPSS," said SPSS President and CEO Jack Noonan. "SPSS software is helping Pep Boys better serve its customers by gaining enhanced insight into their product preferences. This demonstrates the growing utility of predictive analytics and its ability to identify key process improvements throughout the public and private sectors."
Sixteen of the top 20 retailers worldwide use SPSS software for such applications as customer understanding, operational efficiency, and product development.
About Pep Boys
Pep Boys has 593 stores and over 6,000 service bays in 36 states and Puerto Rico. Along with its vehicle repair and maintenance capabilities, the company also serves the commercial auto parts delivery market and is one of the leading sellers of replacement tires in the United States. Customers can find the nearest location by calling 1-800-PEP-BOYS or by visiting pepboys.com.
About SPSS Inc.
SPSS Inc. is a leading worldwide provider of predictive analytics software and solutions. The Company's predictive analytics technology connects data to effective strategic action by drawing reliable conclusions about current conditions and critical future events. More than 250,000 commercial, academic, and public sector customers rely on SPSS technology to help increase revenue, reduce costs, improve important processes, and detect and prevent fraud. More than 95 percent of the Fortune 1000 companies are SPSS customers. Founded in 1968, SPSS is headquartered in Chicago, Illinois. For additional information, please visit www.spss.com.
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