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Inventory / Merchandising / Supply Chain

Supply chain challenges are mounting for many retailers, especially those operating in multiple regions of the country and abroad. Consumers expect to be able to order and purchase products via any channel, then have them delivered to their channel of choice – and quickly! New technologies are providing the ways and means for merchants to deliver on the promise of omnichannel excellence. Now retailers must find the best ways to implement new solutions to stay competitive.

JD.com Announces Addition of UNIQLO Flagship Store to Its Marketplace Platform

JDUNIQLOApparel retailer UNIQLO has partnered with JD.com, a China-based e-Commerce company, to open an online flagship store on its marketplace platform. Through the marketplace, UNIQLO can reach a wider base of active Chinese shoppers.

“We are excited to offer our customers the use of JD.com's amazingly fast and trusted last-mile delivery network, which has proven to be an advantage in China's e-commerce market,” said Pan Ning, CEO of UNIQLO Greater China. “We expect that the secure and seamless shopping experience that JD.com offers will turn many shoppers into new UNIQLO customers in China, which is one of its most important overseas markets.”

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Nordstrom Supports Canadian Expansion With Oracle Upgrade

NordstromLogoNordstrom has implemented Oracle Retail Merchandise Operations Management and Oracle Retail Store Inventory Management solutions to support its expansion in Canada. The retailer plans to roll out the releases throughout its Nordstrom and Nordstrom Rack stores.

The specialty retailer completed the implementation on schedule for the September 2014 opening of its two-story, 140,000-square-foot store at the Chinook Centre shopping mall in Calgary, Alberta, Canada.

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TrueVUE 6.0 Monitors Store-Level Inventory Performance

Inventory management is critical to preventing out-of-stocks and keeping displays accurate and aesthetically pleasing for consumers. However, the process of counting inventory on the store floor traditionally has been a very manual and time-consuming process, which can deplete employee productivity and hinder the customer experience.

To streamline these processes, Tyco Retail Solutions has launched the latest version of its TrueVUE 6.0 software platform, which touts enterprise dashboards for real-time store performance monitoring and reporting. The solution also includes performance scorecards and exception-based reporting, so retailers can make more intelligent decisions and maximize store performance.

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El Corte Inglés Taps 3DEXPERIENCE To Accelerate Product Time-To-Market

el-corte-inglesSpain-based department store chain El Corte Inglés has implemented the “My Collection for Fashion” solution from Dassault Systèmes to accelerate time-to-market for its private label fashion collections. 

Powered by the 3DEXPERIENCE platform, “My Collection for Fashion” provides El Corte Inglés with a single, unified digital environment designed to improve supply chain integration, visibility, flexibility and decision-making across product categories.

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Perry Ellis Upgrades To Oracle Retail Release 14 To Deliver ‘Commerce Anywhere’

PerryEllisApparel retailer and wholesaler Perry Ellis International has updated its retail systems to Oracle Retail Release 14 to ensure inventory is available and can be fulfilled across all channels.

With the update, Perry Ellis can unite U.S. and European retail locations with a single Oracle Retail Merchandising System that serves both markets. The retailer also can take advantage of expanded international transaction, tax and fiscal functionalities built into the latest update.

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Former Frito-Lay Exec Joins IDC As Retail Analyst

victoria brownFormer Frito-Lay supply chain leader Victoria Brown has joined IDC Retail Insights as a Senior Research Analyst for the Retail Supply Chain. In this role, Brown will spearhead the supply chain research program, which covers topics that include inventory management, warehouse management, logistics and omnichannel distributed order orchestration.

At Frito-Lay, Brown oversaw load balance and tracking distribution channels for the company’s third largest plant in North America. Brown previously held supply chain positions at VistaPrint and Procter & Gamble.

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Bruneau Selects Symphony EYC G.O.L.D. To Optimize Supply Chain

Bruneau, an online B2B provider of office supplies and equipment, has selected the Symphony EYC G.O.L.D. unified platform to optimize its supplier and inventory performance. The French retailer plans to deploy G.O.L.D. Master Data Management, Merchandise Management, Supply Chain Management and Warehouse Replenishment.

Bruneau carries more than 15,000 SKUs across six distribution centers in France, which fulfil 25,000 orders per day for approximately 1 million customers in France, Belgium, Spain, Germany and the Netherlands.

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Vestique Streamlines Business Expansion With Springboard Retail

SMBs that expand online and to multiple stores sometimes have issues scaling their POS systems, inventory management strategies and overall business reporting to meet and exceed growth objectives.

Experiencing these challenges firsthand, women’s apparel retailer Vestique implemented Springboard Retail as its new POS system and to monitor inventory levels for its e-Commerce site and seven retail locations in North Carolina and South Carolina.

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Jet.com Sets Sights On Amazon As Debut Nears

Although it has not sold a single product yet, online marketplace Jet.com is aiming to become top competition for Amazon, which has strongly claimed its place as an e-Commerce leader. How exactly is the company planning to do that when others have failed so severely? By providing consumers with 10% to 15% off their online purchases, according to company founder Marc Lore.

Jet.com gained publicity after raising $220 million in numerous funding ventures, including a recent $140 million financing round led by Bain Capital. Despite not being open to the general public, the company already has a valuation of approximately $600 million.

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Former eBay VP Joins Deliv Team

Ken Pate-DelivDeliv has onboarded Kenneth Pate, former VP of Product Management at eBay, as its new Head of Product. In his new position, Pate will be responsible for maintaining the Deliv experience for retailers, consumers, drivers and mall operators. 

During his tenure at eBay, Pate led product and engineering teams to build a variety of retail products. His experience in helping retailers build world-class customer experiences will be invaluable as Deliv tackles its business goals for 2015 and beyond, according to Daphne Carmeli, Founder and CEO of Deliv.

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Brooks Brothers Improves Supply Chain Visibility With GT Nexus

brooksbrothersBrooks Brothers has expanded its cloud supply chain strategy using the GT Nexus platform. While the retailer has used the solution for procurement and settlement processes since 2007, Brooks Brothers now is using data from the solution to boost supply chain visibility, support international growth and reduce costs.

The GT Nexus platform houses, connects and shares data across all business units, linking the physical and financial supply chains. Using the solution, Brooks Brothers is able to integrate with supply chain partners more efficiently to eliminate costs and support international growth.

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Springboard Retail Brings POS And Inventory Management To The Cloud

Best-in-class retailers are merging their brick-and-mortar and e-Commerce systems to create a seamless customer experience across all channels. By integrating data, retailers also can provide associates with a comprehensive look at customer information, inventory and overall sales.

Springboard Retail is spearheading this convergence with the introduction of a cloud-based retail management solution that includes POS, inventory management and CRM software. The comprehensive solution is designed to provide retailers with real-time data and equip them with tools to turn information into incremental sales. Associates and managers who access the system also have access to real-time inventory levels across every store, which empowers them to sell items that are unavailable in their own store, and ship them directly to the consumer.

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57% Of Online Purchases Are Returned Due To Retailer Error

returnsBy analyzing returns data, retailers can better understand consumers’ preferences and behaviors. Additionally, this data can help organizations survey their internal supply chain and warehousing proficiencies.

However, there is still plenty of work to be done as retailers strive to minimize return rates and maximize customer satisfaction, according to research from Voxware.

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Infor CloudSuite Helps Improve Fashion Management And Collaboration

Fashion retailers are tasked to keep pace with the most recent trends, as well as competitor prices and customer demands. To boost sales and customer loyalty, these organizations must keep a constant pulse on trends and results, and improve collaboration across the entire business.

Infor CloudSuite Fashion provides retailers with a suite of tools to manage the entire fashion process, from design, development and sourcing, to production, distribution, customer service and finance. The suite enables users to share real-time data such as sales revenues, product specifications, production plans and customer information.

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Teikametrics FBA Opportunities Helps Amazon Sellers Optimize Inventory Management

Amazon Marketplace members have the opportunity to extend their brands and products to millions of consumers worldwide. However, some Amazon sellers do not have complete visibility into inventory levels, making it challenging for them to ensure all in-demand products are available.   

Teikametrics, a provider of optimization technology for Amazon sellers, has introduced the Fulfillment by Amazon (FBA) Opportunities predictive reordering solution to help address this challenge. The FBA Opportunities dashboard identifies upfront potential profit within existing inventory supply and allows sellers to add profitable items into a purchase order.

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