Levi Strauss & Co. is one of the world’s largest apparel companies, with its jeans and casual wear sold in more than 50,000 retail locations across 110 countries. The company recognized an opportunity to replace its manual revenue-forecasting processes with AI-driven processes, improving the forecasts’ speed and accuracy while enhancing management’s business insights.
Wipro designed and implemented a revenue-forecasting solution that helped accurately forecast revenue four quarters in advance, provided unbiased inferences along with evidence, and suggested interventions that could be simulated to see how outcomes might change. Using Wipro’s AI algorithms, the projections achieved greater than 99% accuracy.
IDC Customer Spotlight recently evaluated the key requirements of Levi Strauss & Co. and their engagement with Wipro to implement an AI-based revenue-shaping solution. You can download the IDC Customer Spotlight at this page.