DemandTec, Inc., the collaborative analytics cloud for retailers and consumer products companies, announced that Kunal Sangani and Elliot Tan from Fayetteville-Manlius High School in Fayetteville, NY have won the Grand Championship round in the sixth annual DemandTec Retail Challenge, a nationwide math and science college scholarship competition for high school seniors.
The overarching mission for the DemandTec Retail Challenge is to inspire high school students to embrace applied mathematics and to consider a career leveraging science, technology, engineering, and math disciplines (STEM). The competition gives students a taste for how retailers and consumer products companies make important pricing, promotion, and inventory decisions. Throughout the competition, all teams were responsible for maximizing profits by analyzing products and categories for a fictional retailer using a modified version of DemandTec retail analytic software and presenting their findings to a panel of judges. The DemandTec Retail Challenge has awarded more than $100,000 in college scholarships this year and more than $400,000 since its inception in 2005.
For more details, visit http://www.demandtecretailchallenge.com.