Published:
Intentia Experts Say Seasonal Retail Is Extinct
Consumer Shopping Trends Push Retailers to Adopt Monthly Floor Sets
Magic Booth #22820 --
Intentia, the global enterprise solutions provider for the manufacturing,
distribution and maintenance industries, predicts that retailers' success
depends on the industry-wide adoption of monthly floor sets to meet
customer demand for new merchandise.
"Traditionally, fashion retailers would purchase new collections four times
a year for women to match up with the seasons -- and only twice a year for
men. In today's demand-driven economy, customers require new merchandise
much more often," says Bob McKee, fashion industry solutions director,
Intentia Americas.
"Retailers are changing floor sets with ever increasing frequency, with
some changing the floor mix as much as 12-24 times to accommodate customer
demand and gain competitive advantage," says McKee.
This trend has created a new challenge. Rapid merchandise churn rates
impact the entire apparel supply chain, requiring shorter cycle times and
comprehensive, accurate product forecasts that limit inventory exposure.
Intentia applications help customers in the apparel industry adapt to these
new retail patterns by creating a lean, visible supply chain that remains
flexible over time.
To deal with these new responsibilities, experts like McKee say retailers
and manufacturers should increase collaboration with their supply chain
partners. By sharing information, retailers can ensure that every party is
making decisions and acting based on real-time data.
Manufacturers can know immediately when a new collection is finalized and
ready for production, inventory can be managed according to evolving
forecasts, and delivery can be timed to coincide with production cycles.
The Intentia Application Suite is customized for the fashion industry, and
features solutions that enable collaborative commerce, including a margin
calculator that cuts 50 percent of the time normally needed to calculate
sales process based on pre-defined margins over cost figures.
Retailers can also customize their inventory forecasts with a hierarchy of
demand based on categories such as country, region, customer group, product
group or individual item. This gives organizations the flexibility to
easily update the central forecast, which immediately translates into the
supply chain.
Core functionality includes: Customer Relationship Management (CRM),
Enterprise Management (ENM), Supplier Relationship Management (SRM), Supply
Chain Management (SCM), Enterprise Performance Management (EPM), Workplace
Management (WPM), Value Chain Collaboration (VCC) and Foundation and Tools
(FTO).
With more than 20 years of experience, Intentia enterprise software is
built to meet the apparel industry's needs with little customization.
Intentia products are used by more than 3,000 customers globally.
McKee, a 25-year veteran of the fashion industry, will be on-site at Magic
on Tuesday, August 30 at booth #22820 and is available for interviews.
MAGIC International is the world's largest and most widely recognized
producer of trade shows for the apparel industry, featuring more than 3,000
manufacturers and over 5,000 brands and private label resources.
About Intentia
Intentia is the only global enterprise solutions provider 100% dedicated to
bringing software applications and consulting services to companies whose
core processes involve manufacturing, distribution and maintenance -- what
we call the "make, move and maintain" market.
-- 100% of our resources are committed to this market.
-- 100% of our software is designed for this market.
-- 100% of our experience is in serving this market.
Intentia customers are typically medium to large organizations that operate
in complex supply chains with tough competition and limited internal
resources. They require the reliability, experience and security of a
substantial supplier with the flexibility and specialist knowledge of their
industries and processes.
Intentia solutions are built from the ground up with the specific needs of
these customers in mind, and the ability to grow and change easily with
their businesses. They simplify complex processes, anticipate customer
demands and deliver added value in both the short and long term -- making
them the intelligent choice.
Intentia was founded in 1984 and serves over 3,000 customer sites in some
40 countries around the world. Our business solutions currently comprise
enterprise management, supplier relationship management, customer
relationship management, supply chain management, value chain
collaboration, enterprise performance management and workplace management.
Intentia is a public company traded on the Stockholm Stock Exchange (XSSE)
under the symbol INT B. Visit Intentia's Web site at www.intentia.com
Intentia
The Intelligent Choice
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