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/ Technology
How Brooks Brothers improved forecast accuracy
Apparel merchant Brooks Brothers used web-enabled software to boost forecast accuracy from 35% to 60% in its retail stores and from 27% to close to 100% in its outlet stores, the retailer says.
Posted 08/24/2007Don DavisPost a comment
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/ Technology
New crop of vendors bringing innovation to demand forecasting, analyst says
Several new vendors are offering innovative, web-based means of forecasting retail demand and collaborating with suppliers, mixing both analytics and business process management in the same application, Gartner analyst Andrew White says.
Posted 07/25/2006Paul DemeryPost a comment
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/ Technology
Manhattan Associates to buy Evant to expand supply chain offerings
Manhattan Associates, a provider of supply chain software for retailers and their suppliers, has agreed to pay about $50 million cash to acquire Evant, a vendor of demand forecasting and replenishment technology, Manhattan said today.
Posted 08/17/2005Paul DemeryPost a comment
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/ Technology
Metro Group uses CPFR to cut end-of-promotion stocks by 49%
Using CPFR to communicate with suppliers over the Internet, Germany-based retailer Metro Group has nearly cut in half the number of days promotion items sit on store shelves, the retailer said today.
Posted 07/12/2005Kurt PetersPost a comment
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How HomeClick.com CEO Mike Golden wins without inventory risk
About half of sales on HomeClick.com are dropped-shipped, but the company boosts margins on top sellers by inventorying them and getting them to customers faster. A forecasting model tracks sales and shows when it’s time to bring a product in-house.
Posted 03/07/2005Kurt PetersPost a comment
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/ Technology
Retek buys supply chain collaboration technology from Syncra Systems
To add web-based supply chain collaboration technology to its retail operations software, Retek has bought virtually all of the assets of collaborative technology provider Syncra Systems.
Posted 11/16/2004Kurt PetersPost a comment
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/ Technology
How BlueNile.com will get better merchandising forecasts, margins
Its new PLANalyst tool is designed to help Blue Nile`s merchandise managers quickly decide what to buy and how much and when to display.
Posted 05/16/2003Paul DemeryPost a comment
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/ Technology
Adopting CPFR requires more education for vendors, retailers say
Getting vendors involved is the biggest ongoing challenge for retailers implementing CPFR technology, retailers say.
Posted 06/27/2002Kurt PetersPost a comment
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/ Technology
WWRE says the first results of its CPFR initiative are encouraging
Participants in the WorldWide Retail Exchange’s CPFR program reduced excess inventory by 32% and lead time by 25% while improving in-stock positions by 10% and forecast accuracy by 25%, the WWRE reported today.
Posted 04/29/2002Kurt PetersPost a comment
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/ Technology
Manufacturers are spearheading CPFR initiatives, says a new study
Nearly half of consumer products manufacturers have pilots underway in Collaborative Planning, Forecasting and Replenishment initiatives, says a study just out from trade group the Grocery Manufacturers of America.
Posted 03/21/2002Kurt PetersPost a comment
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