Rakesh Tondon

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Last quote by Rakesh Tondon

We took a very data driven approach. Traditionally, retail hasn't been that data driven because they didn't have that level of granularity. Even e-commerce companies, they know that the product was purchased, but they don't exactly know why. And they don't know why it was returned. We were able to optimize use of that inventory, versus a traditional retailer that would just essentially have to write that down.
Feb 11 2017
Rakesh Tondon has most recently been quoted in an article called When designer labels are out of reach, fake it 'til you make it. Rakesh Tondon said, “We took a very data driven approach. Traditionally, retail hasn't been that data driven because they didn't have that level of granularity. Even e-commerce companies, they know that the product was purchased, but they don't exactly know why. And they don't know why it was returned. We were able to optimize use of that inventory, versus a traditional retailer that would just essentially have to write that down.”.
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