Although enabling agility, optimizing efficiency and driving sustainability are not new value-driving capabilities, technologies such as robotics, analytics, digitization and block chain are critical to enabling these capabilities for next-generation sourcing enterprises.
Catering to today’s unpredictable consumers, who jump from channel to channel, is a tall order. It calls for strengthening the very core of your retail organization, from systems and processes to people.
The urgency to implement localized, customer-centric assortments is now imperative as the reach of Amazon or other digitally nimble competitors (with endless assortments and endless customer data) continues to loom.
Its new technology and workflows have enabled Eileen Fisher to infuse the creative process with customer-centric data and channel business plans, and to develop an assortment plan that will integrate input from all cross-functional partners.
Aptos, Inc., has entered into a definitive agreement to acquire TXT Retail, the global provider of end-to-end merchandise lifecycle management solutions for the apparel, luxury, specialty and general retail sectors.
NGC’s Andromeda cloud platform powers the digital supply chain, bringing together all departments – Merchandising, Product Development, Sourcing, Compliance, Purchasing, Production, Quality, Logistics, Marketing and Sales – in a single cloud-based solution that connects vendors, suppliers and other providers.
Macy’s, Inc. announced several changes intended to improve the company’s performance, including hiring Hal Lawton as president, the creation of a single simplified merchandising organization and an enhanced focus on the company’s data analytics capabilities.
Spring, a top online retail destination, is giving eBay shoppers access to hundreds of brands across clothing, shoes, accessories, jewelry, beauty and more, including coveted merchandise from David Yurman, Rag & Bone, Mango and Chloe.